mortgage calculator Currency converter

Added to Favorites

Folder
Your notes
Visible only to you
2 Bedroom(s)
1 Full Bath(s)
936 Sqft
0.33 Lot Acres
Single Family

Audio narrative

About this property

1245 Vidor, Texas - Investor Opportunity This property has been uninhabitable for many years and features an unconventional layout. The owner has priced it close to lot value, recognizing that redevelopment or major renovations will be required. Lot is ideal for investors or buyers seeking a clean slate to create value. Property is being sold as-is

MLS#
GMARTX-481939
List Price
$22,000 ($24/Sqft.)
Listing Status
Under Contract – P
Address
1245 Rainbow Ln Out Of Area Lane
State
TX
Zip Code
County
Subdivision
Abst 38-Tip O Tex-Sec Ii
Property Type
Single Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Building Size
936 Sqft/Appraisal District
Year Built
1948 /Appraisal District
Lot Size
0.33 Lot Acres/Appraisal District
LP / Acre
$66,667 / Acre

Rooms

Rooms
2 Bedroom(s), 1 Bathroom

Exterior

Roof
Composition
Parking
Other
Dock
Yes

Interior

Appliances
Water Heater (None)

See the lot information

Lot Size
0.33 Lot Acres /Appraisal District
loading
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Get insights from analytics

-----
----------
-----
----------
-----
----------

Total views

Know the property tax history and market value

Cost/Sqft based on tax value

------------------------------
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------

-------------

-------------
------------- -------------
------------- -------------
-------------------------- -------------
-------------------------- -------------
------------- -------------

-------------

-------------
------------- -------------
------------- -------------
------------- -------------
------------- -------------
------------- -------------

Benefit from down payment assistance

Down Payment Assistance
There are 32 down payment programs and up to $20,000 in down payment assistance available for this property. See More →

Estimate your monthly payments

Estimate your monthly payment including mortgage, estimated insurance, and property taxes based on past rates

Estimated Monthly Payments

Down Payment
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
--------
-------- --------

Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

View nearby schools view nearby schools

Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Noise factors

loading

Listing broker

LPT Realty LLC

1400 S International Parkway , Lake Mary, FL 32746
LPT Realty LLC, is a Texas real estate firm, located at 1400 S International Parkway , Lake Mary, FL 32746. LPT Realty LLC provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view LPT Realty LLC current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View LPT Realty LLC Agent Roster.

Information source

Greater McAllen Association of Realtors®
Source last updated Apr 15, 2026 at 09:19 AM
Listing last updated Apr 08, 2026 at 09:27 AM
View website →

1245 Rainbow Ln Out Of Area Lane, , TX 77662. View photos, map, tax, nearby homes for sale, home values, school info...

Schedule a tour
Today
15
Apr
Tomorrow
16
Apr
Fri
17
Apr
Sat
18
Apr
Other dates
Ask the agent a question!
Call
Get notifications of the upcoming open houses for 1245 Rainbow Ln Out Of Area Lane