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#20895082, Joey Higgins, Listing office: Texas Realty Exchange, LLC
$496,000 List price
6161 Rainbow Valley Pl Frisco, TX 75035
3 beds
2 full, 1 partial
1,712 sqft
0.05 acres
$290 / sqft
Townhouse
Property details
About 6161 Rainbow Valley Pl
Investor-Friendly Upscale Townhome in Prime Frisco Location – Leased Through May 31 2026 Enjoy modern living and immediate rental income with this stylish 3-bedroom, 2.5-bath townhome, ideally situated in the coveted Gables of Ohio community in central Frisco. Currently leased on a 12-month agreement, this property offers a turnkey investment opportunity for savvy buyers looking to capitalize on Frisco’s booming market. Inside, you'll find a spacious open layout with engineered hardwood floors, granite countertops, sleek white cabinetry, and designer touches like Whirlpool stainless steel appliances and Moen chrome fixtures. The fenced front yard and rear 2-car garage add both privacy and low-maintenance convenience. Location is everything: minutes from Stonebriar Mall, Frisco Athletic Center, top-tier dining, shopping, and groceries. Plano is just around the corner, and easy access to Dallas North Tollway and Sam Rayburn Tollway SH121 ensures smooth commuting. Just steps from Collin College, this home is in the center of it all. Whether you're looking to build your portfolio or move in later, this townhome delivers value today and potential tomorrow.
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,712 sqft
Lot size0.046 Acres
Year built2017
ParkingDoor-Single
MLS #20900741
Attached garage2 spaces
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal
- Basement: No
- Interior: Granite Counters, High Speed Internet, Cable TV
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Door-Single
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $496,000
- Price/SqFt: $289
- HOA Amount: $255 Monthly
- Annual Tax Amount: $7,585
- Tax Year: 2024
- Directions: North on Preston. Right on Wade. Left on Ohio, Right on Anne Shirley Ln, Right on Rilla St. Follow the road to Rainbow Valley. House on the Left.
- Year Built: 2017
- Living Area: 1,712 SqFt
- Lot Size: 0.046 Acres
- MLS Number: 20900741
- MLS Name: NTR
- Office Name: 3:16 Team Realty LLC
- Office Phone: (214) 529-6003
- Listing Agent: Loreena Yeo, Michael Yeo
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/7/2025, 5:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $465,637 | $7,585 |
| 2023 | $448,789 | $7,205 |
| 2022 | $380,612 | $7,205 |
| 2021 | $322,384 | $6,593 |
| 2020 | $327,938 | $6,593 |
| 2019 | $326,787 | $6,896 |
| 2018 | $320,981 | $6,896 |
| 2017 | $47,000 | $1,023 |
History based on county public records data.
Nearby schools
4
Shawnee Trail Elementary School
Public District PK-5
0.4 mi
•10701 Preston Vineyard Dr
8
Smith Elementary School
Public District KG-5
1.1 mi
•9800 Sean Dr
8
Curtsinger Elementary School
Public District KG-5
1.1 mi
•12450 Jereme Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $103,472. Typical income of Frisco, TX residents is between $100k-200k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
17%
<35k
30%
35k-100k
46%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
11%
Single, with Kids
15%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Tennis
PGA/LPGA
Where do the neighbors shop?
New York & Company
Brooks Brothers
Chico's
Where do the neighbors go to eat?
Qdoba
Cracker Barrel
Starbucks
What do the neighbors drive?
Infiniti
Acura
Buick
What do the neighbors listen to?
Active Rock
Sports
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6161 Rainbow Valley Pl
The listing price of 6161 Rainbow Valley Pl property is $496,000.
The property 6161 Rainbow Valley Pl is a townhouse located in Frisco, Texas, 75035.
Active Listing: 6161 Rainbow Valley Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6161 Rainbow Valley Pl are: Shawnee Trail Elementary School (GreatSchools Rating 4/10), Smith Elementary School (GreatSchools Rating 8/10), Curtsinger Elementary School (GreatSchools Rating 8/10), Clark Middle School (GreatSchools Rating 8/10), Wester Middle School (GreatSchools Rating 10/10), Hunt Middle School (GreatSchools Rating 8/10), Lebanon Trail High School (GreatSchools Rating 7/10), Centennial High School (GreatSchools Rating 7/10), Frisco High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,585 (source: MLS/based on county public records data).
The property at 6161 Rainbow Valley Pl has 3 bedrooms and 2 full and 1 half bathrooms.
The property 6161 Rainbow Valley Pl is 1,712 SqFt (source: MLS/tax record).
The year of construction for 6161 Rainbow Valley Pl is 2017.
This home is located at 6161 Rainbow Valley Pl in Frisco, TX and zip code 75035 in the Tuscany neighborhood. This 1,712 square foot home, which was built in 2017, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $496,000.
The number of homes for sale in Frisco, TX increased by 12.3% between May and June 2025. In June 2025 median list price was $687,990 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.