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Account: 06940420

Address: 1501 RAINBOW ST


Location

Address: 1501 RAINBOW ST

City: SOUTHLAKE

Georeference: 39465-1-1

Subdivision: SOUTH HOLLOW ADDITION

Neighborhood Code: 3S010R

Latitude: 32.9304786418

Longitude: -97.1272608277

TAD Map: 2114-456

MAPSCO: TAR-026Q

This map, content, and location of property is provided by Google Services.

Property Data

Legal Description: SOUTH HOLLOW ADDITION Block 1 Lot 1

Jurisdictions:

CITY OF SOUTHLAKE (022)
TARRANT COUNTY (220)
TARRANT COUNTY HOSPITAL (224)
TARRANT COUNTY COLLEGE (225)
CARROLL ISD (919)

State Code: A

Year Built: 1997

Personal Property Account: N/A

Agent: None

Site Number: 06940420

Site Name: SOUTH HOLLOW ADDITION-1-1

Site Class: A1 - Residential - Single Family

Parcels: 1

Approximate Size+++: 3,087

Percent Complete: 100%

Land Sqft*: 31,254

Land Acres*: 0.7174

Pool: Y

Notice Sent Date: 4/15/2025

Notice Value: $973,339

Protest Deadline Date: 5/24/2024

+++ Rounded.

* This represents one of a hierarchy of possible values ranked in the following order: Recorded, Computed, System, Calculated.

Property Documents

Documents

2025 Documents

    2024 Documents

      Owner Information

      Current Owner:

      SMITH MICHAEL
      SMITH MELISSA

      Primary Owner Address:

      1501 RAINBOW ST
      SOUTHLAKE, TX 76092-8826

      Deed Date: 8/22/2008

      Deed Volume: 0000000

      Deed Page: 0000000

      Instrument: D208333524

      Previous Owners:

      Name Date Instrument Deed Volume Deed Page
      TOBER JOAN TOBER;TOBER RICHARD 6/19/2006 D206188507 0000000 0000000
      CARTUS FINANCIAL CORP 5/13/2006 D206188506 0000000 0000000
      GLEIT LAWRENCE M 5/29/2003 00167690000240 0016769 0000240
      NEWMAN DAVID;NEWMAN MARILYN 3/1/1999 00137620000131 0013762 0000131
      LANCE DONNISE R;LANCE LARRY W 10/24/1997 00129560000135 0012956 0000135
      PULTE HOME CORP OF TEXAS 11/4/1996 00125750001782 0012575 0001782
      VISTA OAKS DEVELOPMENT LTD 1/1/1996 00000000000000 0000000 0000000

      Values

      This information is intended for reference only and is subject to change. It may not accurately reflect the complete status of the account as actually carried in TAD's database. Tarrant County Tax Office Account Information.

      Year Improvement Market Land Market Total Market Total Appraised+
      2025 $533,089 $440,250 $973,339 $811,592
      2024 $533,089 $440,250 $973,339 $737,811
      2023 $481,396 $440,250 $921,646 $670,737
      2022 $305,386 $304,375 $609,761 $609,761
      2021 $306,757 $304,375 $611,132 $611,132
      2020 $316,286 $322,875 $639,161 $608,816

      Pending indicates that the property record has not yet been completed for the indicated tax year.

      + Appraised value may be less than market value due to state-mandated limitations of value increases.

      Exemptions / Special Appraisal

      • HOMESTEAD GENERAL 11.13(b)

      Per Texas Property Tax Code Section 25.027, this website does not include exemption information indicating that a property owner is 65 years of age or older for unauthorized individuals.