Active

Price cut: $10K (1/29)

$355,000

186 SW Rainbow Ave, Dallas, OR 97338

3beds

1,226sqft

Est.:

Residential, Single Family Residence

Built in 1944

5,227.2 Square Feet Lot

$354,300 Zestimate^®

$290/sqft

$-- HOA

What's special

New covered patioLarge laundry room

Open House from 11 to 1 this Saturday 4/11/26. Broker Friendly! This beautiful remodel & addition were completed January 2026! New: electrical, plumbing, windows, HVAC, insulation, carpet, cabinetry, siding, paint, driveway, fencing, etc. Virtually everything is new! 3 bedroom, 1 bathroom. Beautiful kitchen with plenty of storage and counter space! New bathroom includes double sink vanity and tons of storage! Large laundry room! Finished mudroom in front and back. Fully fenced, private back yard. New covered patio. Huge driveway with plenty of parking!

77 days

576

28

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Rooms

Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Microwave, Electric Water Heater

Features

Flooring: Laminate, Vinyl, Wall to Wall Carpet
Windows: Double Pane Windows, Vinyl Frames
Basement: None

Interior area

Total structure area: 1,226
Total interior livable area: 1,226 sqft

Property

Parking

Parking features: Driveway, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: One Level, Accessibility

Features

Stories: 1
Patio & porch: Covered Patio
Exterior features: Yard
Has view: Yes
View description: Territorial

Lot

Size: 5,227.2 Square Feet
Features: Level, SqFt 5000 to 6999

Details

Parcel number: 129572

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Residential, Single Family Residence

Materials

Wood Siding
Foundation: Slab
Roof: Composition

Condition

Resale
New construction: No
Year built: 1944

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected

Community & HOA

Community

Security: None

HOA

Has HOA: No

Location

Region: Dallas

Financial & listing details

Price per square foot: $290/sqft
Tax assessed value: $244,130
Annual tax amount: $1,367
Date on market: 1/21/2026
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Paved

Estimated market value

$354,300

$337,000 - $372,000

$1,933/mo

Price history

Date	Event	Price
1/29/2026	Price change	$355,000-2.7%$290/sqft
Source: RMLS (OR) #225860587 Report a problem
1/21/2026	Price change	$365,000+5.8%$298/sqft
Source: RMLS (OR) #225860587 Report a problem
11/11/2025	Pending sale	$345,000$281/sqft
Source: Owner Report a problem
11/3/2025	Listed for sale	$345,000+76.9%$281/sqft
Source: Owner Report a problem
7/22/2025	Sold	$195,000$159/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,327 +4%	$94,080 +3%
2023	$1,276 +2.7%	$91,340 +3%
2022	$1,243 +2.8%	$88,680 +3%
2021	$1,209 +2.9%	$86,100 +3%
2020	$1,174 +3%	$83,600 +3%
2019	$1,140	$81,170 +3%
2018	$1,140 +0.3%	$78,810 +3%
2017	$1,137 +4.1%	$76,520 +3%
2016	$1,093 -0.6%	$74,300 +3%
2015	$1,100 +1.4%	$72,140 +3%
2014	$1,084 +5.9%	$70,040 +3%
2013	$1,024 +2.8%	$68,000 +3%
2012	$996 +2%	$66,020 +3%
2011	$976 +4.4%	$64,100 +3%
2010	$935 +4%	$62,240 +3%
2009	$899 +5.9%	$60,430 +3%
2008	$849 -1%	$58,670 +3%
2007	$857 +2.7%	$56,970 +3%
2006	$835 +0.6%	$55,320 +3%
2005	$829 +2.9%	$53,710 +3%
2004	$806 +7.7%	$52,150 +6.1%
2002	$748 +2%	$49,170 +3%
2001	$733 +3.2%	$47,740 +3%
2000	$710	$46,350