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    Property profile & analytics

    Rainbow Dr Riverside, TX 77367

    • Commercial real estate
    • 2,212 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 23, 2023
    Location Intelligence
    Property ID
    US82-9719784
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Rainbow Dr

    Year built
    1901
    Property size
    2,212 SF
    Property type
    Commercial real estate
    APN
    34277
    APU
    34277

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Walker
    State
    Texas
    Longitude
    -95.3869
    Latitude
    30.8512
    CBSA code
    26660
    CBSA name
    HUNTSVILLE, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $162
    $4,000
    $6,350
    $10,350
    -
    $4,000
    $6,350
    $10,350

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      3692 Hwy 19

      COMMERCIAL (GENERAL) • 1,000 SF
      3692 Hwy 19, Riverside, TX 77367
      View Details
    • Value Estimation by Request
      3,906 SF

      7 St Frnt Frnt

      COMMERCIAL (GENERAL) • 3,906 SF
      7 St Frnt Frnt, Riverside, TX 77367
      View Details
    • Value Estimation
      $440,000
      1,325 SF

      3642-A State Hwy 19th N

      COMMERCIAL (GENERAL) • 1,325 SF
      3642-A State Hwy 19th N, Riverside, TX 77367
      View Details
    • Value Estimation by Request
      1,782 SF

      59 Johnson St

      COMMERCIAL (GENERAL) • 1,782 SF
      59 Johnson St, Riverside, TX 77367
      View Details
    • Value Estimation
      $365,000
      525 SF

      19 State Hwy 19

      COMMERCIAL (GENERAL) • 525 SF
      19 State Hwy 19, Riverside, TX 77367
      View Details
    • Value Estimation by Request
      1,325 SF

      3642-A State Hwy 19th N

      COMMERCIAL (GENERAL) • 1,325 SF
      3642-A State Hwy 19th N, Riverside, TX 77367
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      4,000 SF

      High-Visibility Riverside Retail Space

      2,300 SF Retail Store Front Available
      3762 Tx-19, Riverside, TX 77367
      View Details
    • $18 SF/Yr
      2,300 SF

      Riverside Retail Space For Lease

      2300 sq ft retail space with highway access and parking.
      3762 Highway 19, Riverside, TX 77367
      View Details
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    Rainbow Dr
    Riverside, TX 77367
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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