12505 Rainbow CT, Austin TX 78729

Austin, TX 78729 | Jolly Oaks

Ed's Opinion of Value

$324,384 Ed's Estimate: $410,920 $529,900
Lowest Comp Recommended List: $461,000 to $482,000 Highest Comp
The comparable sales data (7 recent transactions in JOLLY OAKS) supports an estimated value of $410,920. The data suggests a list price between $461,000 and $482,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in JOLLY OAKS. Being built in 1974 (7 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in JOLLY OAKS; a balanced market based on recent absorption. Prices in 78729 have fallen 2.3% over the last 6 months. A similar home at 12511 Tree Line DR, Austin TX 78729 carries an adjusted comparable value of $380,304, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in JOLLY OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
2 Baths 2 Full
1,439 Sq Ft
0.2753 Acres
1974 Built
2 Garage

About This Property

Welcome to 12505 Rainbow Ct, a beautifully updated home in the charming Jolly Oaks neighborhood.
Step inside to hand-scraped wood floors that flow through the main living areas, complementing the spacious, light-filled layout. Three of the four bedrooms feature brand-new carpet, while the primary suite boasts durable vinyl plank flooring. The primary bath includes a fully tiled walk-in shower, and both bathrooms have been updated with new vanities.
The kitchen shines with granite countertops, custom cabinetry, and brand-new Bosch appliances, including an induction cooktop, refrigerator, dishwasher, and vent hood. A reverse osmosis water filtration system provides filtered water to the for refrigerators water and ice maker.
Additional upgrades include a Tesla wall connector in the garage, a whole-home surge protector, and a recently serviced and tuned-up HVAC system. The septic system has also been pumped before vacating.
Outside, beautifully maintained landscaping enhances the curb appeal. Just a short walk from Town & Country Park and the Lake Creek Hike and Bike Trails, this home offers the perfect blend of comfort and outdoor adventure.
Located in the desirable 78729 zip code, you're minutes from shopping, dining, and entertainment. Don’t miss this incredible opportunity—schedule your showing today!

Features

  • Breakfast Bar
  • Vaulted Ceiling(s)
  • French Doors
  • In-Law Floorplan
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

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Schools

School District Round Rock ISD
Elementary Live Oak
Middle School Deerpark
High School McNeil

Property Details

Property Type Residential
Flooring Carpet, Laminate, Tile
Cooling Central Air
Heating Central
Exterior Gutters Full, Private Yard
MLS # 5766439

Parking

Garage 2 spaces

Tax Information

Annual Taxes $5,826 (2024)

Listing History

MLS# 5766439 - Updated Mar 17, 2026 6 days
Mar 26, 2025 Off Market
Feb 19, 2025 Listed $409,000

Frequently Asked Questions About 12505 Rainbow CT, Austin TX 78729

When was 12505 Rainbow CT, Austin TX 78729 built?

12505 Rainbow CT, Austin TX 78729 was built in 1974.

How much does 12505 Rainbow CT, Austin TX 78729 cost?

12505 Rainbow CT, Austin TX 78729 sold on March 26, 2025. Contact us for sale price details.

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