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Single Family ResidenceResidential
$538,874$225 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $348,800 on Jan 4, 2023

242 E RAINBOW RIDGE CIR

SPRING, TX 77381
2.5
Baths
2,396 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1986
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$539K
$519K low$559K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$348,800 · Jan 4, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,430 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$497,458 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$60,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$437,458
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$520,978
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$497,458

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyMONTGOMERY
Lot (acres)The size of the land the home sits on, from county records.0.19
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 196 ft²Patio · 196 ft²Porch · 252 ft²

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
David Elementary SchoolA+
Elementary · Grades KG–4 · 0.2 mi
H
The Woodlands College Park High SchoolA
High · Grades 9–12 · 2.8 mi
M
Neal Knox Junior High SchoolA+
Middle · Grades 7–8 · 4.1 mi

District: Conroe Independent School District

Neighborhood · ZIP 77381These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.67
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.43,284
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,209 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$136,502
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$172,466
Average tempThe average temperature here across a full year.68°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 E Rainbow Ridge Cir measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 73% of homes in Montgomery County
  • Costs less per square foot than 78% of homes in Cochran's Crossing
  • Smaller than 71% of homes in Cochran's Crossing
  • Has a smaller lot than 66% of homes in Cochran's Crossing
  • Older than 83% of homes in Cochran's Crossing

What homes are worth in Spring 77381

Each bar is how many homes fall in that price range. The marker is this home.

This home
$179K$2.4M

This home is worth more than 43% of homes in Spring 77381.

How it measures up in Spring 77381

The dot is this home. The mark in the middle is the typical home in Spring 77381.

Estimated value$538,874
CheaperTypical $595,554Pricier

Pricier than 43% of homes nearby

Price per ft²$225
CheaperTypical $236Pricier

Pricier than 38% of homes nearby

Living area2,396 ft²
SmallerTypical 2,590 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.19 ac
SmallerTypical 0.22 acBigger

Bigger than 34% of homes nearby

Year built1986
OlderTypical 1990Newer

Newer than 35% of homes nearby

How 242 E Rainbow Ridge Cir ranks against every home in each area.
MeasureThis homeCochran's CrossingSpring 77381Montgomery County
Estimated valuepricier than$538,87428% of homes43% of homes73% of homes
Price per ft²pricier than$22522% of homes38% of homes77% of homes
Living areabigger than2,396 ft²29% of homes40% of homes63% of homes
Lot sizebigger than0.19 ac34% of homes34% of homes38% of homes
Year builtnewer than198617% of homes35% of homes23% of homes

About 242 E Rainbow Ridge Cir

How much is 242 E Rainbow Ridge Cir, Spring, TX worth?

The TopHap Estimate for 242 E Rainbow Ridge Cir, Spring, TX is $538,874 as of Sep 24, 2026. The likely range is $518,831 to $558,917. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 E Rainbow Ridge Cir, Spring, TX last sell?

242 E Rainbow Ridge Cir, Spring, TX last sold on Jan 4, 2023 for $348,800, according to the county's recorded deed.

How big is 242 E Rainbow Ridge Cir, Spring, TX?

242 E Rainbow Ridge Cir, Spring, TX has 2.5 bathrooms, 2,396 square feet of living space and a 0.19-acre lot.

When was 242 E Rainbow Ridge Cir, Spring, TX built?

242 E Rainbow Ridge Cir, Spring, TX was built in 1986, making it 40 years old. It is a conventional home. The building has 2 stories.

What schools serve 242 E Rainbow Ridge Cir, Spring, TX?

242 E Rainbow Ridge Cir, Spring, TX is assigned to David Elementary School (elementary), rated A+; The Woodlands College Park High School (high), rated A; Neal Knox Junior High School (middle), rated A+. All sit in Conroe Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 E Rainbow Ridge Cir, Spring, TX compare to other homes in Spring 77381?

Among the 12,428 homes in Spring 77381, it is worth more than 43% of them ($538,874 against a typical $595,554), its price per square foot is higher than 38% of them ($225 against a typical $236), it is bigger than 40% of them (2,396 ft² against a typical 2,590 ft²), its lot is bigger than 34% of them (0.19 ac against a typical 0.22 ac) and it is newer than 35% of them (1986 against a typical 1990). Measured against all of Montgomery County, it is worth more than 73% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 E Rainbow Ridge Cir, Spring, TX?

The 2025 property tax bill for 242 E Rainbow Ridge Cir, Spring, TX was $7,430. The county assessed it at $497,458.

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