1727 Rainbow Drive
Longview, TX 75604
3
Bed
2
Bath
1,304Sqft
0.36Acre(Lot)
Value-add opportunity in Pine Tree ISD! Located on a corner lot at Rainbow Drive and Reel Road in Longview, this property offers a solid opportunity for investors, renovators, or buyers looking to create additional value. The main home features 2 bedrooms and 1 bathroom, with the converted garage providing an additional bedroom and full bathroom, creating flexible space and added functionality. Several improvements are already in place, including a metal roof and newer windows, giving the next owner a great starting point for updates. The property also features a fenced backyard and two outbuildings measuring approximately 12' x 20' and 8' x 8', offering valuable storage or workshop space. With its Pine Tree ISD location, corner lot, additional living space, and improvement potential, this
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 3 -
Interior Features
Appliances: Gas Water Heater, Gas Range, Gas Oven -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1960 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.36
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Listing Price Information
Listing Price: $124000
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Tax Information
Parcel Number: 44962 Annual Tax: $3562
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Parking Information
Concrete
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Utility Information
Natural Gas Available -
Location Information
Direction: From Loop 281 in Longview, turn north onto Gilmer Road (SH 300). Turn left onto Reel Road, then turn left onto Rainbow Drive. Property will be on the right at the corner of Rainbow Drive and Reel Road.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2705 Southern Oaks Drive, Longview, TX, 75604 | $299,990 | 4 | 2 | 1,790 | 0.22 Acre |
| 1215 Hollybrook Dr, Longview, TX, 75604 | $289,000 | 3 | 2 | 2,545 | 0.50 Acre |
| 1215 Centenary Dr, Longview, TX, 75604 | $187,000 | 3 | 1.5 | 1,246 | 0.23 Acre |
| 1000 Riverwood Dr, Longview, TX, 75604 | $444,800 | 4 | 3 | 2,547 | 0.25 Acre |
| 907 Panola Ct, Longview, TX, 75604 | $254,900 | 3 | 2 | 1,555 | 0.25 Acre |
| 1203 Zeola St, Longview, TX, 75604 | $159,900 | 4 | 2 | 1,790 | 0.25 Acre |
| 1105 Insignia Way, Longview, TX, 75604 | $444,500 | 5 | 3 | 2,506 | 0.47 Acre |
| 904 Victoria Dr, Longview, TX, 75604 | $244,900 | 3 | 2 | 1,452 | 0.27 Acre |
| 1111 Heather Ln, Longview, TX, 75604 | $439,900 | 4 | 4 | 3,074 | 0.23 Acre |
| 1109 Jenny St, Longview, TX, 75604 | $245,000 | 3 | 2 | 1,644 | 0.33 Acre |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Longview Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Longview Area Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 10/10/2026 @ 13:12
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