5007 Rainbow Rd, Midland, TX 79707 Property Records

Midland County property record for 5007 Rainbow Rd, Midland, TX 79707

Property Summary

Property Type	Single Family Home
Details	2 ba · 1,256 sqft · built 1982
Lot Size	0.147 acres (6,403 sqft)
Owner	Individual Name on Record
Last Sale	$223,900 (Oct 2018)
Tax Bill	$1,773 (2025)
Deeds & Mortgages	Jun 2022 Mortgage Oct 2018 Mortgage
APN	`R000009547`

Property Details

APN / Parcel Number

Primary APN	`R000009547`
Alternative APNs	`00010320.005.0200` `103200050200`

Interior

Stories	1 Story
Building Area	1,256 sqft Living Area
1st Floor Area	1,417 sqft

Exterior

Year Built	Built 1982
Effective Year Built	Effective 1982
Lot Area	6,403 sqft (0.147 acres)
Garage Area	484 sqft
Parking Spaces	2 Parking Spaces

Location & Zoning

Street Address	5007 RAINBOW RD
City	MIDLAND
State	TX
Zip	79707-5113
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	1F3
Legal Description	ACRES: 0.147 SUBD: ARBOR PARK BLK: 005 LOT: 020 ADDN: ARBOR PARK SEC 3
Legal Subdivision	ARBOR PARK
Legal Block	5
Legal Lot Number	20
Jurisdiction	MIDLAND TX
Township / Civil Division	MIDLAND
Census Block Group	4
Census Block	4003
Census Tract	10106

Owner

Source: Midland County records, as of October 19, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	5007 RAINBOW RD, MIDLAND, TX 79707-5113
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 3, 2022	Deed of Trust, Mortgage · FHA Mortgage FREEDOM MORTGAGE CORP
Oct 23, 2018	Warranty Deed, Transfer · FHA Mortgage GOLD FIN'L SVCS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 23, 2018 · Amount on Record
Deed Sale	Oct 23, 2018 · Amount on Record
Prior Sale	Nov 17, 2011 · Amount on Record
Deed Document Number	201830934
Prior Transfer Date	Feb 2, 2010
Prior Transfer Doc	0000002631
Record Updated	Oct 29, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MIDLAND TX
Property Address	5007 RAINBOW RD, MIDLAND, TX 79707-5113
Transaction Type	Mortgage
Record Updated	Apr 4, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5007 RAINBOW RD, MIDLAND, TX 79707-5113

Mortgage

Document Number	0000006412
Date	Jun 3, 2022
Instrument	2022-16412

Lender

Name	FREEDOM MORTGAGE CORP
Type	Subprime Lender
Address	MOUNT LAUREL, NJ 08054

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	317 Months
Due	Nov 1, 2048

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MIDLAND TX
Recording Date	Oct 23, 2018
Property Address	5007 RAINBOW RD, MIDLAND, TX 79707-5113
Document Number	0000030934
Instrument Date	Oct 19, 2018
Instrument	30934
Transaction Type	Transfer
Record Updated	Nov 30, 2018
Title Company	OTHER

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5007 RAINBOW RD MIDLAND TX 797075113, MIDLAND, TX 79707-5113

Mortgage

Document Number	30935
Date	Oct 23, 2018
Instrument	30935

Lender

Name	GOLD FIN'L SVCS
Type	Funding / Finance Company
Address	HOUSTON, TX 77036

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Oct 22, 2048

Tax Assessment & Valuation

Source: Midland County assessment roll, as of October 19, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Midland County
Municipality	Midland City
Unified School District	Midland Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$152,350 (-28.84%) Land $16,000 Building $136,350	$152,350 (-28.84%) Land $16,000 Building $136,350
2025	$1,773.00 (-19.77%) Homeowner's exemption	$214,090 (-1.19%) Land $16,000 Building $198,090	$214,090 (-1.19%) Land $16,000 Building $198,090
2024	$2,210.00 (+1.75%)
2023	$2,172.00 Homeowner's exemption	$216,660 Land $16,000 Building $200,660	$216,660 Land $16,000 Building $200,660

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

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood Zone	Not on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 96% of the US · lower than 97.9% of Texas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

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 System	CITY OF MIDLAND WATER PURIFICATION PLANT serves 157,000 people · EPA ID TX1650001
Water Source	Surface water
Last State Inspection	Mar 2025
Lead	3 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Feb 2026 Arsenic resolved · Oct 2023
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 569 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL · Fixed Wireless in parts of the area	5,000 / 5,000
Astound Broadband Cable · Fiber in parts of the area	1,500 / 50
Optimum Cable	940 / 35
Net Ops Communications Fixed Wireless	100 / 20

May also be available: T-Mobile, Verizon.

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