5201 Rainbow Rd, Midland, TX 79707
Property image
Property image
OFF MARKET

$343,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,760 sqft

5201 Rainbow Rd, Midland, TX 79707

Wydewood
Est. Refi. Payment $2,247/mo*
Refinance Your Home

Home Value

Trulia Estimate
$343K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$4K (+1.2%)
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 +52% in the last 10 years
MonthEstimated value
2026
August 2026$345K
July 2026$347K
June 2026$350K
May 2026$352K
April 2026$350K
March 2026$349K
February 2026$345K
January 2026$340K
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
2505 Idlewilde Dr, Midland, TX
0.09
Single-Family Home
-
10/03/25
3
2
1,721
4904 Wylea Cv, Midland, TX
0.31
Single-Family Home
-
10/21/25
3
2
1,805
2701 Maranatha Pl, Midland, TX
0.36
Single-Family Home
-
01/29/26
3
2
1,778
2304 Lindora Way, Midland, TX
0.36
Single-Family Home
-
08/29/25
3
2
1,852
4807 Elma Dr, Midland, TX
0.34
Single-Family Home
-
04/09/26
3
2
2,298
5407 Heartland Ct, Midland, TX
0.42
Single-Family Home
-
09/26/25
4
3
3,063
3219 Whittle Way, Midland, TX
0.40
Single-Family Home
-
09/12/25
3
3
1,836
5716 Grassland Blvd, Midland, TX
0.60
Single-Family Home
-
03/30/26
4
2.5
2,628
4609 Aspen Dr, Midland, TX
0.60
Single-Family Home
-
06/17/26
3
2
1,580
3501 Claremont Dr, Midland, TX
0.77
Single-Family Home
-
06/26/26
3
2
2,246
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
2809 Sunburst Dr, Midland, TX 79707
0.10
$315,000
3
2
1,488
For Sale
2601 Idlewilde Dr, Midland, TX 79707
0.08
$258,000
2
2
1,366
For Sale
2415 Idlewilde Dr #10, Midland, TX 79707
0.15
$205,000
2
1.5
986
For Sale
2904 Phillip Pl, Midland, TX 79707
0.30
$315,000
3
2
1,913
For Sale
4900 Sunshine Pkwy, Midland, TX 79707
0.30
$315,000
3
2
1,724
For Sale
4730 W Dengar Ave, Midland, TX 79707
0.31
$320,000
4
2
1,733
For Sale
5508 Grassland Blvd, Midland, TX 79707
0.36
$585,000
4
3.5
2,784
For Sale
5518 Ashwood Ct, Midland, TX 79707
0.40
$645,000
4
3.5
3,039
For Sale
3217 Whittle Way, Midland, TX 79707
0.40
$289,000
3
2.5
1,817
For Sale
4708 Preston Dr, Midland, TX 79707
0.41
$360,000
3
2
1,901
For Sale
4703 Sunshine Pkwy, Midland, TX 79707
0.43
$340,000
3
2
1,975
For Sale

Local Information

  • Map ViewExplore the area around 5201 Rainbow Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Living Area
1,760 sqft
Price/Sqft
$195
Parking
Garage

About this House

This is your opportunity! A 4 bedroom in a FANTASTIC location in Midland? A wonderful flowing floorpan that makes incredible use of space? Vaulted ceilings in key rooms to create even more room and give you room to breathe? A beautiful backyard designed for sitting, enjoying, and entertaining? All of this for well under 300k in Midland? Welcome home ;-)
5201 Rainbow Rd, Midland, TX 79707 is a 4 bedroom, 2 bathroom, 1,760 sqft single-family home in Wydewood, built in 1996. It last sold for $0 on Aug 21, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $343,000, with a rent estimate of $2,656/month.

Home Details for 5201 Rainbow Rd

Interior Features

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

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 8450 sqft

Price and Tax history

DateEventPrice
Sep 20, 2019
Source: Agent Provided
ListingRemoved
$285,000
Aug 17, 2019
Source: Agent Provided
Listed For Sale
$285,000
Aug 21, 2014
Source: N/A
Sold
--
Jul 3, 2014
Source: Agent Provided
Listed For Sale
$235,000

Market trends in Midland

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$362K
$12.33KMoM
Sale-to-List Price
98.7%
0.1%MoM
Price per sq ft
$184
$2MoM
Available listings
859
41MoM

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 "
    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

LGBTQ Local Legal Protections

Frequently asked questions about 5201 Rainbow Rd

  • What is 5201 Rainbow Rd estimated to be worth?
    Trulia's estimated value for 5201 Rainbow Rd in Midland, TX is $343,000.
  • What is the price history for 5201 Rainbow Rd?
    5201 Rainbow Rd in Midland, TX last sold in August 2014.
  • 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 $362K. That is up $12.33K from the prior month.
  • Does 5201 Rainbow Rd have air conditioning?
    Yes, 5201 Rainbow Rd in Midland, TX has air conditioning.
  • Does 5201 Rainbow Rd have laundry facilities?
    Yes, 5201 Rainbow Rd in Midland, TX has laundry facilities.

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

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

68 rentals with an outdoor space in Midland, TX

Apartments for Rent

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Off Market Homes Near 5201 Rainbow Rd

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