1603 Rainbow Dr, Richardson, TX 75081 Property Records

Dallas County property record for 1603 Rainbow Dr, Richardson, TX 75081

Property Summary

Property TypeSingle Family Home
Details3 bd · 2.5 ba · 2,269 sqft · built 1978
Lot Size0.2 acres (8,724 sqft)
OwnerIndividual Name on File
Last Sale$457,520 (Sep 2025)
Tax Bill$6,463 (2025)
Deeds & MortgagesMar 2021 Mortgage
Sep 2025 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN42-25555-003-029-0000

Property Details

APN / Parcel Number

Primary APN42-25555-003-029-0000
Alternative APN
  • 422555500302900

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area2,269 sqft Living Area
1st Floor Area2,269 sqft
Fireplaces1 Fireplace
FireplaceFireplace
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1978
Effective Year BuiltEffective 1978
Exterior MaterialBrick Veneer
Construction TypeFrame
Roof TypeHip
Roof MaterialComposition Shingle
Lot Area8,724 sqft (0.2 acres)
Lot Dimensions125 ft deep x 70 ft wide
Garage TypeAttached
Garage Area480 sqft
Parking Spaces2 Parking Spaces
Pool TypePool with Hot Tub/Spa
Deck AreaDeck Area

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas
SewerConnected
Water SourceCommercial

Location & Zoning

Account Number422555500302900
Street Address1603 RAINBOW DR
CityRICHARDSON
StateTX
Zip75081-4610
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeZ207
Legal DescriptionUNIVERSITY ESTATES SOUTH 3 1 INST BLK 3 LT 29 INT202500203949 DD09262025 CO-DC 2555500302900 3CR25555003
Legal SubdivisionUNIVERSITY ESTATES SOUTH 3 1 INST
Legal Tract25555
Legal Block3
Legal Lot Number29
JurisdictionDALLAS TX
Township / Civil DivisionNORTHEAST DALLAS
Census Block Group2
Census Block2020
Census Tract19024

Owner

1603 Rainbow Dr is owned and occupied by an individual who bought it in September 2025.

Source: Dallas County records, as of August 10, 2026

Owner of RecordIndividual Name on File
Mailing Address1603 RAINBOW DR, RICHARDSON, TX 75081-4610
OccupancyOwner Occupied
Owner TypeIndividual
VestingUnmarried Man

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Mar 2, 2021Deed of Trust, Mortgage · Conventional Mortgage
AMERISAVE MORTGAGE CORP
Sep 29, 2025Vendor's Lien, Transfer · Conventional Mortgage
CREDIT UNION OF TEXAS
Apr 21, 2018Deed of Trust, Mortgage · Line of Credit
WFB NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 29, 2025 · Amount on File
Deed SaleSep 29, 2025 · Amount on File
Prior SaleJun 4, 2012 · Amount on File
Deed Document Number2025203949
Prior Transfer DateMay 24, 2012
Prior Transfer Doc0000157838
Record UpdatedSep 20, 2026

March 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDALLAS TX
Property Address1603 RAINBOW DR, RICHARDSON, TX 75081-4610
Transaction TypeMortgage
Record UpdatedOct 14, 2025
Title CompanyIN TITLE, FIN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0000057520
DateMar 2, 2021
Instrument202100057520
Lender
NameAMERISAVE MORTGAGE CORP
TypeMortgage Company
AddressATLANTA, GA 30305
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueMar 1, 2036

September 2025: Vendor's Lien, Transfer

Document TypeVendor's Lien
JurisdictionDALLAS TX
Recording DateSep 29, 2025
Property Address1603 RAINBOW DR, RICHARDSON, TX 75081-4610
Document Number0000203949
Map ReferenceVOL 76115 PG 1679
Instrument DateSep 26, 2025
Instrument202500203949
Transaction TypeTransfer
Record UpdatedOct 14, 2025
Title CompanyINDEPENDENCE TITLE AGENCY, INDEPENDENCE TITLE COMPANY

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1603 RAINBOW DR, RICHARDSON, TX 75081-4610

Mortgage

Document Number0000203950
DateSep 29, 2025
Instrument202500203950
Lender
NameCREDIT UNION OF TEXAS
TypeCredit Union
Special NotesSeller Financed
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueOct 1, 2055

April 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDALLAS TX
Property Address1603 RAINBOW DR, RICHARDSON, TX 75081-4610
Document Number0000120064
Instrument DateApr 21, 2018
Transaction TypeMortgage
Record UpdatedMay 28, 2018
Title CompanyAMERICAN TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address1603 RAINBOW DR RICHARDSON TX 750814610, RICHARDSON, TX 75081-4610

Mortgage

Document Number0000120064
DateMay 7, 2018
Instrument120064
Lender
NameWFB NA
AddressAVENUE, SD 57104
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueMay 6, 2048
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1603 Rainbow Dr was $6,463, up 4.7% from the year before.

Source: Dallas County assessment roll, as of August 10, 2026

Property Jurisdictions

TypeName
StateTexas
CountyDallas County
MunicipalityRichardson City
Unified School DistrictRichardson Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$447,120 (+9.06%) Land $90,000 Building $357,120$447,120 (+9.06%) Land $90,000 Building $357,120
2025$6,463.00 (+4.68%) Homeowner's exemption$409,960 Land $90,000 Building $319,960$409,960 Land $90,000 Building $319,960
2024$6,174.00 (+8.6%)
2023$5,685.00 (-7.21%) Homeowner's exemption$409,960 Land $90,000 Building $319,960$409,960 Land $90,000 Building $319,960
2022$6,127.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1603 Rainbow Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1603 Rainbow Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF RICHARDSON
serves 122,615 people · EPA ID TX0570015
Water SourcePurchased surface water from several systems
Last State InspectionMay 2024
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 326 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless in parts of the area
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Element8.

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