5000 Rainbow Rd, Midland, TX 79707
OFF MARKET

$372,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,009 sqft (on 0.29 acres)

5000 Rainbow Rd, Midland, TX 79707

Wydewood
Est. Refi. Payment $2,495/mo*
Refinance Your Home

Home Value

Trulia Estimate
$373K
Since last month
Decreased$5K (-1.3%)
Since last year
Decreased$7K (-1.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +75% in the last 10 years
MonthEstimated value
2026
November 2026$371K
October 2026$371K
September 2026$376K
August 2026$376K
July 2026$377K
June 2026$382K
May 2026$384K
April 2026$383K
March 2026$381K
February 2026$374K
January 2026$373K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2701 Maranatha Pl, Midland, TX
0.21
Single-Family Home
-
01/29/26
3
2
1,778
4807 Elma Dr, Midland, TX
0.22
Single-Family Home
-
04/09/26
3
2
2,298
4730 W Dengar Ave, Midland, TX
0.16
Single-Family Home
-
09/01/26
4
2
1,620
3300 Dentcrest Dr, Midland, TX
0.51
Single-Family Home
-
10/01/26
3
2
2,100
5515 Hathaway Ct, Midland, TX
0.51
Single-Family Home
-
05/12/26
4
3
2,907
4609 Aspen Dr, Midland, TX
0.45
Single-Family Home
-
06/17/26
3
2
1,580
4317 Ferncliff Ave, Midland, TX
0.71
Single-Family Home
-
03/18/26
3
2
1,907
3501 Claremont Dr, Midland, TX
0.66
Single-Family Home
-
06/26/26
3
2
2,246
3407 Claremont Dr, Midland, TX
0.65
Single-Family Home
-
04/24/26
3
2
1,543
3709 Crestmont Dr, Midland, TX
0.77
Single-Family Home
-
08/20/26
4
2
1,945
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2606 Rainbow Cir, Midland, TX 79707
0.02
$389,900
4
2
2,324
Off Market
5002 Rainbow Rd, Midland, TX 79707
0.02
$388,600
3
2.5
2,178
Off Market
2604 Rainbow Cir, Midland, TX 79707
0.03
$317,700
3
2
1,818
Off Market
5004 Rainbow Rd, Midland, TX 79707
0.03
$328,000
3
2.5
2,013
Off Market
5001 Rainbow Rd, Midland, TX 79707
0.03
$260,900
Studio
2
1,453
Off Market
2707 Whittle Way, Midland, TX 79707
0.04
$278,800
3
2
1,576
Off Market
2901 Whittle Way, Midland, TX 79707
0.04
$281,300
Studio
2
1,548
Off Market
2705 Whittle Way, Midland, TX 79707
0.04
$337,200
3
2
1,687
Off Market
2602 Rainbow Cir, Midland, TX 79707
0.04
$325,700
Studio
2
1,898
Off Market
5003 Rainbow Rd, Midland, TX 79707
0.04
$279,700
3
2
1,337
Off Market
2903 Whittle Way, Midland, TX 79707
0.04
$306,200
3
2
1,780
Off Market
2703 Whittle Way, Midland, TX 79707
0.05
$250,400
Studio
2
1,425
Off Market
5006 Rainbow Rd, Midland, TX 79707
0.05
$389,000
3
3
2,195
Off Market
5005 Rainbow Rd, Midland, TX 79707
0.05
$264,700
3
2
1,322
Off Market
2905 Whittle Way, Midland, TX 79707
0.05
$311,700
3
2
1,725
Off Market
2600 Rainbow Cir, Midland, TX 79707
0.05
$302,600
3
2
1,704
Off Market
2601 Rainbow Cir, Midland, TX 79707
0.05
$372,600
Studio
-
1,959
Off Market
2701 Whittle Way, Midland, TX 79707
0.06
$309,300
3
2
1,708
Off Market
5007 Rainbow Rd, Midland, TX 79707
0.06
$275,100
3
2
1,410
Off Market
2505 Rainbow Cir, Midland, TX 79707
0.06
$310,200
3
2
1,998
Off Market

Local Information

  • Map ViewExplore the area around 5000 Rainbow Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1984
0.29 acre lot
2,009 sqft
$186/sqft
Garage

About this House

Great home close to Bush school and located on cul-de-sac. Open plan with fireplace, formal dining room. Kitchen has island and built in appliances and includes Refrigerator. Master bedroom is sequestered and has separate office off master with furniture included.
5000 Rainbow Rd, Midland, TX 79707 is a 3 bedroom, 2 bathroom, 2,009 sqft single-family home in Wydewood, built in 1984. More recently, it was listed as a rental in February 2016 with an asking price of $1,900 per month. That rental listing was removed on March 7, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $372,700, with a rent estimate of $2,463/month.

Home Details for 5000 Rainbow Rd

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Interior Features

Fireplace & Spa
Fireplace

Exterior Features

Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 0.29 acres

Price and Tax history

DateEventPrice
Mar 7, 2016
Source: Agent Provided
ListingRemoved
$1,900
Feb 26, 2016
Source: Agent Provided
Listed For Rent
$1,900
Feb 18, 2015
Source: Agent Provided
ListingRemoved
$2,450
Feb 13, 2015
Source: Agent Provided
PriceChange
$2,450
Price decreased by 9%
Jan 31, 2015
Source: Agent Provided
PriceChange
$2,700
Price decreased by 4%

Market trends in Midland

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$378K
$7KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$183
$1MoM
Available listings
818
21MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

Wydewood
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wydewood

At least 57 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 78 % Say there are sidewalks

  • 77 % Say there's holiday spirit

  • 73 % Say parking is easy

  • 72 % Say it's dog friendly

  • 70 % Say kids play outside

  • 69 % Say yards are well-kept

  • 64 % Say it's quiet

  • 54 % Say people would walk alone at night

  • 48 % Say they plan to stay for at least 5 years

  • 46 % Say it's walkable to grocery stores

  • 43 % Say neighbors are friendly

  • 40 % Say streets are well-lit

  • 31 % Say it's walkable to restaurants

  • 29 % Say there's wildlife

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Unspecified
    "Have lived here for 3 months now & have loved every moment of it & have no regrets living here & will continue to live here for a while now "
    3
    Flag
  • Barbara D.
    "Commute to downtown is easy and only takes about 15 mins in the mornings. Have never used public transportation so can’t say anything about that."
    0
    Flag
  • Paigeprescott20
    "there is lots of families around here and it's close to elementary school Bush and close to loop 250 "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5000 Rainbow Rd

  • What is 5000 Rainbow Rd estimated to be worth?
    Trulia's estimated value for 5000 Rainbow Rd in Midland, TX is $372,700.
  • Is Midland a buyer's or seller's market?
    Midland is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Midland?
    The median sale price in Midland is $378K. That is up $7K from the prior month.
  • What do residents say about the Wydewood neighborhood?
    Residents describe the Wydewood neighborhood in Midland, TX as pedestrian-friendly, easy to park in, and dog-friendly. See recently sold homes in Wydewood, Midland.
  • How big is the lot at 5000 Rainbow Rd?
    The lot at 5000 Rainbow Rd in Midland, TX is about 0.29 acres (12,458 sq ft).
  • Does 5000 Rainbow Rd have a garage?
    Yes, 5000 Rainbow Rd in Midland, TX has a garage.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

57 homes with a pool in Midland, TX

Explore by feature - Washer/dryer

274 rentals with a washer/dryer in Midland, TX

Explore by feature - Outdoor Space

82 rentals with an outdoor space in Midland, TX

Apartments for Rent

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Off Market Homes Near 5000 Rainbow Rd

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Homes for sale near 5000 Rainbow Rd

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