Travis Value

1506 Rainbow Bnd, Austin, TX 78703

5 bed / 3 bath, 3,967 sqft, built 1962 Appraised at $1,696,051 for 2026.

Travis County account 000000112657

Appraised value
$1,696,051
Tax year 2026 · after any cap, before exemptions
Market value
$2,076,145
Living area
3,967 sqft
$428 per sqft
Year built
1962
Homestead
Yes
Owner-occupied exemption on file

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 78703 and TCAD Appraisal Area Z31000 assessment pages.

Protest deadline

The 2026 protest deadline was . The 2027 protest deadline is . 2027 notices usually arrive in April.

Deadline rule: May 15, or 30 days after your notice of appraised value is mailed, whichever is later. A deadline on a weekend or holiday moves to the next business day. Evidence is reviewed by the Appraisal Review Board (ARB). Dates checked against the official source.

Assessment snapshot

These public TCAD records highlight what may be worth checking before you file.

  • Assessment changeThe appraised value decreased 8.3% from $1,848,826 in 2025 to $1,696,051 in 2026.
  • Appraised value per square footThe current public record shows about $428 per square foot before any comparable-property adjustments.
  • Market/appraised spreadThe county market value is $380,094 above the appraised value used on this page.
  • Nearby comparison areaThis page starts the equity review with public records for ZIP 78703.
  • Neighborhood value signalAmong 315 residential records in the same neighborhood, the average appraised value is about $660 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +6.6% on average.

Comparable assessments

Similar public appraisal records selected for this property's equity comparison.

  • 1710 Cromwell Hill, TX 78703
    3,395 sqft | $564/sqft | built 1948 | 14% smaller (3,395 vs 3,967 sqft); Similar lot size (12,384 vs 11,782 sqft); Same neighborhood
    $1,914,145
  • 1624 Watchhill Rd, Austin, TX 78703
    4,429 sqft | $669/sqft | built 1951 | 12% larger (4,429 vs 3,967 sqft); Lot 14% larger (13,468 vs 11,782 sqft); Same neighborhood
    $2,962,119
  • 1501 Hartford Rd, Austin, TX 78703
    3,145 sqft | $537/sqft | built 1960 | Similar age (1960 vs 1962); Similar lot size (12,850 vs 11,782 sqft); Same neighborhood
    $1,689,699
  • 2203 E Windsor Rd, Austin, TX 78703
    3,126 sqft | $557/sqft | built 1965 | Similar age (1965 vs 1962); Similar lot size (12,466 vs 11,782 sqft); Same neighborhood
    $1,741,254
  • 1500 Hartford Rd, TX 78703
    3,710 sqft | $478/sqft | built 1949 | 6% smaller (3,710 vs 3,967 sqft); Lot 15% smaller (10,005 vs 11,782 sqft); Same neighborhood
    $1,775,251

Recent comparable sales

Sales selected by similarity to the subject property. Texas is a non-disclosure state, so these MLS-listed sales are supplemental evidence.

  • 2609 Maria Anna Rd, Austin, TX 78703
    June-29-2026 | 4,064 sqft | $639/sqft | built 1972 | Similar size (4,064 sqft); Moderate age difference (10 years newer); Sold after the valuation date
    $2,595,000
  • 2517 Exposition Blvd, Austin, TX 78703
    August-3-2026 | 3,547 sqft | $522/sqft | built 1956 | 11% size difference (3,547 sqft); Moderate age difference (6 years older); Sold after the valuation date
    $1,850,000
  • 2703 Maria Anna Rd, Austin, TX 78703
    July-9-2026 | 3,720 sqft | $536/sqft | built 1982 | 6% size difference (3,720 sqft); Sold after the valuation date; Within 1 bedroom (4 vs 5)
    $1,995,000
  • 1004 Maufrais St, Austin, TX 78703
    April-20-2026 | 3,912 sqft | $740/sqft | built 1950 | Similar size (3,912 sqft); Sold after the valuation date; Within 1 bedroom (4 vs 5)
    $2,895,000
  • 3100 Pecos St, Austin, TX 78703
    July-8-2026 | 4,246 sqft | $650/sqft | built 1965 | 7% size difference (4,246 sqft); Similar age (1965); Sold after the valuation date
    $2,760,000

Public appraisal comparison for 2026. Prepared . Appraisal source: Travis Central Appraisal District. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.