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593 Rainbow Rd

Cave Springs, AR 72718

5 bd 4 ba 2,700 sqft Built 2023 Lot 12,632 sqft single_family
Most recent sale
$550,000
Nov 9, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 9, 2023 Sold $550,000 NorthWestAR
Sep 5, 2023 Price changed $550,000 NorthWestAR
Aug 24, 2023 Price changed $570,000 NorthWestAR
Jul 26, 2023 Listed $585,000 NorthWestAR
May 24, 2023 Listing removed NorthWestAR
Mar 9, 2023 Listed $597,500 NorthWestAR
Jan 1, 2023 Listing removed NorthWestAR
Oct 27, 2022 Listed $625,000 NorthWestAR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $77,726 $17,000 $94,726 $4,995
2024 $77,726 $17,000 $94,726 $5,067
2023 $4,000 $4,000 $241
2022 $13,680 $4,000 $17,680 $995

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,700 sqft
Lot size
12,632 sqft
ZIP code
72718
City
Cave Springs
Street
Rainbow Rd
Coordinates
36.26983, -94.20863

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,050
Gross rental yield
8.84%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 593 Rainbow Rd last sell?
593 Rainbow Rd most recently sold on Nov 9, 2023 for $550,000.
What is the current tax assessment for 593 Rainbow Rd?
The most recent total assessment for 593 Rainbow Rd (year 2025) is $94,726 with $4,995 in property tax.
How does 593 Rainbow Rd's assessment compare to its last sale price?
The current assessment is 82.8% below the last sale price of $550,000.
When was 593 Rainbow Rd built?
593 Rainbow Rd was built in 2023.
How does 593 Rainbow Rd compare to others on Rainbow Rd?
We track 4 other properties on Rainbow Rd. Browse the list under "Other properties on Rainbow Rd" to compare beds, baths, and sale history.
What are the property facts for 593 Rainbow Rd?
593 Rainbow Rd is a 5 bed, 4 bath, 2,700 sqft, 12,632 sqft lot single_family.
Is 593 Rainbow Rd a flip candidate?
No — 593 Rainbow Rd does not appear in our flips dataset.
Is 593 Rainbow Rd a tax-appeal candidate?
No — 593 Rainbow Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q2
$550.8K
2026 Q3
$550.3K
ZIP 72718 — Median Price History + Forecast

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