PRICED TO SELL FAST!
Beautiful and modern 3 Bedroom 2 bathroom.
Huge, fenced back yard and covered deck & 2 bonus rooms. This home is truly a perfect find. The second floor has a large space separated by a door, could be used as 2 bedrooms, or additional office space with a connected bedroom. Downstairs hosts 2 bedrooms and a bathroom, a large kitchen, living room, dining, and separate laundry room. With 2 entrances into the main home use the sunroom area as on office, mud room, etc.
Then an attached breezeway to a space that is a modified garage that was used as an in law suite or possible AUD as it has its own large bathroom, sink area with cabinet space and oversized closet. This space has its own entrance and small patio. It maintains the garage door and could also be used as a garage.
Home has a large attached covered & uncovered porch. A very large, fenced backyard completes the home with planter boxes and fruit trees.
Newer "she shed" in the back yard is powered, counter space for all projects and outlets. Also gives extra storage in the unfinished loft area perfect for totes.
Please TEXT/EMAIL OWNER direct to schedule showing.
This is a For Sale By Owner Listing.
For sale by owner
Price cut: $25K (8/29)
$390,000
221 SW Rainbow Ave, Dallas, OR 97338
3beds
1,700sqft
SingleFamily
Built in 1951
7,000 Square Feet Lot
$382,100 Zestimate®
$229/sqft
$-- HOA
What's special
Covered deckLarge attached covered porchLarge kitchenLaundry roomAttached breezeway
What the owner loves about this home
Priced to sell FAST!
- 95 days
- 1,037
- 73
Listed by:
Property Owner (503) 560-1979
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Hookups
Features
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached, On-street
Features
- Exterior features: Metal
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,000 Square Feet
Details
- Parcel number: 133744
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1951
Community & HOA
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $368,880
- Annual tax amount: $2,376
- Date on market: 7/3/2026
Estimated market value
$382,100
$363,000 - $401,000
$2,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Price change | $390,000-6%$229/sqft |
Source: Owner Report a problem | ||
| 8/21/2026 | Price change | $415,000+5.1%$244/sqft |
Source: Owner Report a problem | ||
| 8/11/2026 | Price change | $395,000-1%$232/sqft |
Source: Owner Report a problem | ||
| 8/8/2026 | Listed for sale | $399,000$235/sqft |
Source: Owner Report a problem | ||
| 8/4/2026 | Pending sale | $399,000$235/sqft |
Source: Owner Report a problem | ||
| 7/3/2026 | Price change | $399,000-0.3%$235/sqft |
Source: Owner Report a problem | ||
| 5/27/2026 | Pending sale | $400,000$235/sqft |
Source: | ||
| 5/25/2026 | Contingent | $400,000$235/sqft |
Source: | ||
| 2/26/2026 | Price change | $400,000-4.8%$235/sqft |
Source: | ||
| 1/27/2026 | Price change | $420,000-1.2%$247/sqft |
Source: | ||
| 9/22/2025 | Price change | $425,000-2.3%$250/sqft |
Source: | ||
| 9/12/2025 | Price change | $435,000-2.2%$256/sqft |
Source: | ||
| 8/20/2025 | Listed for sale | $445,000-0.9%$262/sqft |
Source: | ||
| 7/8/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/25/2025 | Listed for sale | $449,000+133.9%$264/sqft |
Source: Owner Report a problem | ||
| 10/26/2024 | Listing removed | $2,499$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2024 | Price change | $2,499-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2024 | Price change | $2,549-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2024 | Listed for rent | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/2/2024 | Listed for rent | $2,600+4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/30/2023 | Price change | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2023 | Listed for rent | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2017 | Sold | $192,000+92.2%$113/sqft |
Source: Public Record Report a problem | ||
| 3/1/2017 | Listing removed | $99,900+20.4%$59/sqft |
Source: Northwest Property Sales LLC #17678500 Report a problem | ||
| 2/28/2017 | Sold | $83,000+33.9%$49/sqft |
Source: | ||
| 3/22/2013 | Sold | $62,000-56.9%$36/sqft |
Source: Public Record Report a problem | ||
| 4/28/2006 | Sold | $144,000$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,376 +3% | $168,370 +3% |
| 2024 | $2,306 +4% | $163,470 +3% |
| 2023 | $2,218 +2.7% | $158,710 +3% |
| 2022 | $2,159 +2.8% | $154,090 +3% |
| 2021 | $2,100 +2.9% | $149,610 +3% |
| 2020 | $2,040 +3% | $145,260 +3% |
| 2019 | $1,981 | $141,030 +3% |
| 2018 | $1,981 +0.3% | $136,930 +3% |
| 2017 | $1,976 +4.1% | $132,950 +3% |
| 2016 | $1,898 -0.1% | $129,080 +3% |
| 2015 | $1,901 +2.9% | $125,330 +3% |
| 2014 | $1,848 +8.3% | $121,680 +4.5% |
| 2013 | $1,706 -3.8% | $116,460 -1.4% |
| 2012 | $1,774 +1.6% | $118,140 +3% |
| 2011 | $1,747 +4.5% | $114,700 +3% |
| 2010 | $1,672 +4% | $111,360 +3% |
| 2009 | $1,608 +5.9% | $108,120 +3% |
| 2008 | $1,519 -1% | $104,980 +3% |
| 2007 | $1,533 +2.7% | $101,930 +3% |
| 2006 | $1,493 +0.6% | $98,970 +3% |
| 2005 | $1,484 +2.9% | $96,090 +3% |
| 2004 | $1,441 +7.7% | $93,300 +6.1% |
| 2002 | $1,338 +2.1% | $87,960 +3% |
| 2001 | $1,311 +3.2% | $85,400 +3% |
| 2000 | $1,270 | $82,920 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97338
Nearby schools
Schools provided by the listing agent
- Elementary: Lyle
- Middle: LaCreole
- High: Dallas
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







