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  3. Interior
  4. Exterior
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Status: Active

6161 Rainbow Valley Pl 
Frisco, TX 75035

$496,000

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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.
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Bedrooms
3
Baths
2.5
House Size
1,712 sqft
Year Built
2017
Lot Size
0.05 ac
School District
Frisco ISD

Location

Market Insights

In the last 30 days, homes for sale in 75035, Frisco, TX were on the market for a median of 24 days and 5.88% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Electric Oven
Gas Cooktop
cooling
Ceiling Fan(s)
Central Air
features
Granite Counters
High Speed Internet
heating
Central

Property Information

hoa fees
$255.00
Monthly
hoa includes
Maintenance Grounds
parking
Attached
sewer
Public Sewer
subdivision name
Gables At Ohio
utilities
Cable Available
water source
Public
  • Listed By Loreena Yeo
  • (214) 529-6003
  • 3:16 Team Realty LLC
  • (214) 529-6003
  • info@316realestate.com
  • MLS 20900741

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$7,586 (+5.3%)$120,000$345,637$465,637 (+3.8%)
2023$7,206 (0%)$130,000$318,789$448,789 (+17.9%)
2022$7,206 (+13.9%)$100,000$280,612$380,612 (+18.1%)
2021$6,329$80,000$242,384$322,384

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$3,700

30 year fixed·6.9% interest rate
Principal & Interest
$2,613
Property Taxes
$632
Home Insurance
$200
HOA Fees
$255
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