5007 Rainbow Rd, Midland, TX 79707
Property image
Property image
OFF MARKET

5007 Rainbow Rd
Midland, TX 79707

Wydewood
  • 3 Beds
  • 2 Baths
  • 1,410 sqft

$283,300

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $1,833/mo*
Refinance Your Home

$283,300

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $1,833/mo*
Refinance Your Home
3 Beds
2 Baths
1,410 sqft

Local Information

  • Map ViewExplore the area around 5007 Rainbow Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Fantastic Totally Remodel New Right Down to the Studs. New Drywall, Windows, 2 Panel Doors just like the New Homes, Texture & Paint, Cabinets, Counter tops, Showers, Sinks, Ceiling Fans, Crumbled Rock Fireplace, Crown Molding Through-Out, New AC, New Garage Door, new Water Heater, and New Fence. Great Area / Bush Elementary, Shopping & Restaurants w/ in .10 a mile. All remodeled on the inside
5007 Rainbow Rd, Midland, TX 79707 is a 3 bedroom, 2 bathroom, 1,410 sqft single-family home in Wydewood, built in 1982. It last sold for $140,125 on Jul 15, 2010. More recently, it was listed as a rental in February 2017 with an asking price of $1,800 per month. That rental listing was removed on February 19, 2017. It is currently off market. The Trulia Estimate is $283,300, with a rent estimate of $2,404/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 5007 Rainbow Rd

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace
Interior Details
Ceiling Fan

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6403 sqft

Price History for 5007 Rainbow Rd

DatePriceEventSource
10/11/2018$235,000ListingRemovedAgent Provided
09/10/2018$235,000PriceChange
Agent Provided
08/17/2018$245,000PriceChange
N/A
07/06/2018$255,000Listed For SaleN/A
02/19/2017$1,800ListingRemovedN/A
02/15/2017$1,800Listed For RentN/A
07/15/2010--Sold
N/A
06/05/2010$115,900PriceChange
Agent Provided
05/01/2010$134,000PriceChange
Agent Provided
04/26/2010$0Listed For SaleAgent Provided
03/07/2010$0ListingRemovedAgent Provided
03/05/2010$0Listed For SaleAgent Provided
02/11/2010--Sold
N/A

Market trends in Midland

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$346K
$2.61KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$178
$3MoM
Available listings
821
45MoM
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Property Tax and Assessment

Year2024
Tax$2,214
Assessment$216,660
Home facts updated by county records

Comparable Sales for 5007 Rainbow Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2505 Idlewilde Dr, Midland, TX
0.05
Single-Family Home
-
10/03/25
3
2
1,721
4904 Wylea Cv, Midland, TX
0.24
Single-Family Home
-
10/21/25
3
2
1,805
2304 Lindora Way, Midland, TX
0.27
Single-Family Home
-
08/29/25
3
2
1,852
2701 Maranatha Pl, Midland, TX
0.25
Single-Family Home
-
01/29/26
3
2
1,778
2304 Regal Pl, Midland, TX
0.31
Single-Family Home
-
08/08/25
3
2
1,829
4807 Elma Dr, Midland, TX
0.27
Single-Family Home
-
04/09/26
3
2
2,298
3219 Whittle Way, Midland, TX
0.37
Single-Family Home
-
09/12/25
3
3
1,836
4317 Ferncliff Ave, Midland, TX
0.77
Single-Family Home
-
03/18/26
3
2
1,907
4704 Neely Ave, Midland, TX
0.28
Single-Family Home
-
10/09/25
2
1,584
3809 Gulf Ave, Midland, TX
0.92
Single-Family Home
-
08/07/25
3
2
1,682
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 5007 Rainbow Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 "
    2
    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

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 5007 Rainbow Rd

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Off Market Homes Near 5007 Rainbow Rd

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