HouseLoop Vision
7540 Rainbow Drive, Prairie Village, KS 66208 is a 2-bedroom, 1-bath, 975-square-foot single family residence that sold on September 11, 2026. MLS #2633451.
$294,900
7540 Rainbow Drive, Prairie Village, KS 66208
About this home
HouseLoop user activity
HouseLoop last checked:
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Full bathrooms: 1
Primary Bedroom
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 11 × 11
Bedroom 2
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 10 × 11
Living Room
- Features: Ceiling Fan(s)
- Level: Main
Kitchen
- Features: built-in features, granite counters
Dining Room
- Features: Kitchen Island
- Level: Main
Laundry
- Level: Main
Heating
- Heating: Natural Gas, Forced Air
Cooling
- Cooling: Attic Fan, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Gas Range, Stainless Steel Appliance(s), Washer
- Laundry: Main Level, Off The Kitchen
Features
- Features: Ceiling Fan(s), Custom Cabinets, Expandable Attic, Kitchen Island, Painted Cabinets, Smart Thermostat
- Flooring: Carpet, Luxury Vinyl
- Basement: Slab
- Other rooms: Main Floor BR, Main Floor Primary Bedroom
Interior area
- Finished area above ground: 975 sqft
- Total interior livable area: 975 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Garage Faces Front
Lot
- Size: 0.18 Acres
- Features: City Lot, Level
- Patio & porch: Patio
Construction
Type & style
- Home type: Residential
- Architectural style: Single Family Residence
Materials
- Materials: Stone Trim, Vinyl Siding
Condition
- Year built: 1950
- Age: 51-75 Years
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Highlights
Outdoor & Lot
- Fenced Yard
Kitchen
- Kitchen Island
- Gas Range
- Stainless Appliances
Interior
- Smart Thermostat
Layout
- Main Floor Primary
Garage & Parking
- Attached Garage
No HOA on this home.
GreatSchools rating
- 8Belinder Elementary School
- 9Indian Hills Middle School
- 8Shawnee Mission East High School
Schools provided by the listing agent
- District: Shawnee Mission
Price history
- Annual tax amount: $3,650 / yr
Property tax history
| Year | Property tax | Assessed value |
|---|---|---|
| 2025 | $3,650 | $31,142 |
| 2024 | $3,469 | $29,360 |
| 2023 | $3,534 | $29,371 |
| 2022 | $3,189 | $26,323 |
| 2021 | — | $21,930 |
| 2020 | $2,391 | $18,055 |
| 2019 | — | $17,365 |
| 2018 | — | $14,065 |
| 2017 | $1,760 | $12,696 |
| 2016 | $1,628 | $11,455 |
| 2015 | $1,597 | $11,432 |
| 2013 | $1,565 | $11,213 |
Estimated Sales Range
HouseLoop Home Value History
Similar listings and the Prairie Village market
Look throughout Prairie Village, Kansas
There are currently 57 homes for sale in Prairie Village, with 42 under contract. Homes here sell for a median of $500,000 and go under contract in a median of 2 days. This home is priced $205,100 below the Prairie Village median.
Prairie Village sits in Johnson County, which covers 31 zip codes and 1,861 homes for sale. Nearby Lenexa runs a higher median at $512,250; Olathe is lower at $460,000 with more inventory.
Sources — listings and prices: Heartland MLS as distributed by MLS GRID, as of October 7, 2026 · analysis: HouseLoop.
Frequently asked questions about 7540 Rainbow Drive
How do I get more information about 7540 Rainbow Drive?
It is a 2 bed, 1 bath, 975 sqft home listed at $294,900.
Ask Myli anything about this home right on this page — she can pull the schools, taxes, HOA and recent sales in Prairie Village in seconds — or tap Ask a question to reach a HouseLoop agent directly.
Can I take a virtual tour of 7540 Rainbow Drive?
Not yet — 7540 Rainbow Drive doesn't have a video walkthrough posted with this listing, so the photos and floor plan on this page are the best preview available.
Ask Myli to find you three more like it in Prairie Village, or tap Ask a question and a HouseLoop agent will build you a fresh list.
What is the 66208 neighborhood like?
7540 Rainbow Drive sits in 66208. The median list here is $1,417,500, versus $864,950 across Prairie Village, KS. Homes in 66208 go under contract in a median of 3 days, slower than Prairie Village, KS as a whole.
A tighter zip code inside a bigger city often trades a little on price for a lot on convenience. Ask Myli how 66208 compares to nearby zips, or tap Ask a question for a HouseLoop agent's read on it.
How much is the monthly payment for 7540 Rainbow Drive?
About $1,680 a month with 10% down at 6.5% over 30 years, before taxes and insurance; with this home's $3,650 tax bill and mortgage insurance folded in it lands near $2,160. Median sold price in Meadow Lake is $318,500 — this $294,900 list is right at it.
Your real number moves with the down payment and rate you lock — drag the sliders on this page, or tap Get pre-approved and Myli lines up a pre-approval in as little as 24 hours.
What is the price per square foot for 7540 Rainbow Drive?
$302 per square foot ($294,900 over 975 sqft). Homes sold in Prairie Village, KS over the same window went for a median of $300 per square foot, so this home is priced about even with that per-square-foot median.
Price per square foot is the fastest way to compare this home to the next one you tour — See Offer insights below for how that stacks up against what's actually selling, or Ask Myli to pull three more like it nearby.
When was 7540 Rainbow Drive built?
7540 Rainbow Drive was built in 1950, so it is about 76 years old.
A home's age shapes what an inspection tends to flag — roof, HVAC and plumbing lifespans especially. Ask Myli what to expect from a home this age, or tap Ask a question for a HouseLoop agent's read on it.
How many bedrooms and bathrooms does 7540 Rainbow Drive have?
7540 Rainbow Drive is a home with 2 bedrooms and 1 bathroom across 975 square feet, on a 0.18 acre lot, per the MLS record for this address.
Bed and bath count is usually the first filter a buyer sets, so it's worth confirming here before you compare this home to the next one. Ask Myli to pull three more nearby with the same layout, or tap Ask a question for a HouseLoop agent's read on it.
What is the lot size of 7540 Rainbow Drive?
0.18 acres (about 7,682 square feet), per the county record for 7540 Rainbow Drive.
Lot size drives what you can add later — a pool, a shop, room to expand — more than the house itself does. Ask Myli how that compares to other lots in Prairie Village, or tap Ask a question to find out what's allowed.
Does 7540 Rainbow Drive have a garage, a basement, air conditioning?
7540 Rainbow Drive has a 1-car garage and a slab basement, and attic fan and electric cooling.
Garage size and a finished basement are two of the fastest ways to add real living space without a remodel. Ask Myli if that trade-off makes sense for your search, or tap Ask a question for a HouseLoop agent's read on it.
What are the floors made of in 7540 Rainbow Drive?
Carpet and Luxury Vinyl, per the MLS record for 7540 Rainbow Drive.
Flooring type affects both upkeep and resale — hard-surface floors show better in photos and hold up longer than carpet in high-traffic rooms. Ask Myli what buyers in Prairie Village tend to prefer, or tap Ask a question for a HouseLoop agent's read on it.
What schools serve 7540 Rainbow Drive?
Belinder Elementary School (8/10), Indian Hills Middle School (9/10), Shawnee Mission East High School (8/10) in the Shawnee Mission district, per GreatSchools' 1-10 ratings for this address.
School assignment is one of the few things you can't change after closing, so it's worth confirming before you tour. Ask Myli to pull the full attendance boundary, or tap Ask a question to double-check with the district.
What are the property taxes for 7540 Rainbow Drive?
Public records show about $3,650 a year (1.2% of the list price) for 7540 Rainbow Drive. Taxes can change on reassessment, especially after a sale.
Property tax is folded into the payment estimate above — drag the sliders in the HouseLoop Mortgage Calculator to see how a different assessment would change your monthly number, or tap Get pre-approved to ask a lender directly.
Are there HOA fees for 7540 Rainbow Drive?
No HOA is listed for 7540 Rainbow Drive, and public records show none recorded on this parcel.
No HOA means more control over the property and no monthly fee, but also no shared maintenance budget for the roof, the street or the common areas. Ask Myli if that trade-off makes sense for you.
Is 7540 Rainbow Drive still for sale?
7540 Rainbow Drive sold on September 11, 2026 and is no longer available, so this listing is here as a record rather than something you can tour or make an offer on. It went under contract 15 days after listing on July 26, 2026. 40 homes have sold in Meadow Lake over the last 12 months — Ask Myli to pull the ones most like this one.
Ask Myli to find you three more like it in Prairie Village, or tap Ask a question and a HouseLoop agent will build you a fresh list.
Can I share 7540 Rainbow Drive with someone?
Yes — tap the share icon on this page to send 7540 Rainbow Drive by text, email, or straight to Facebook, X or WhatsApp.
Whoever opens it lands on this exact page, photos and FAQ included, no login required to view. Ask Myli to summarize the home in a few lines you can paste yourself instead, if that's faster.
How do I follow the Prairie Village market?
Tap ♥ on 7540 Rainbow Drive to get a text the moment its price or status changes, or search Prairie Village on HouseLoop and tap Save search to hear about every new listing that matches.
A saved search runs in the background and checks itself, so you see a new listing the day it hits rather than a week later. Ask Myli to set one up for you in this conversation.
Can I ask a question about 7540 Rainbow Drive?
Yes — ask her anything about 7540 Rainbow Drive right below this list: the price history, the schools, what a fair offer looks like, or how it compares to what else is for sale in Prairie Village.
She reads the full listing record and this page's own market data before she answers, and hands off to a HouseLoop agent the moment a question needs one. Tap Ask Myli below to start.
Listing data: Heartland MLS, distributed by MLS GRID. Market numbers: HouseLoop analysis of Heartland MLS data distributed by MLS GRID · over the last 12 months · Listing updated September 23, 2026 02:53 PM
This home's area
Popular searches in Prairie Village, KS
Search nearby cities
Prairie Village, KS homes for sale by zip code for sale · median sale · days to contract
HouseLoop analysis of Heartland MLS data distributed by MLS GRID · trailing 12 months. Median sale price: the median closed price among sold homes in that zip over the same window.
Counties homes for sale · median list price
Listed by ReeceNichols - Lees Summit
Listed July 26, 2026 11:22 PM · Source: Heartland MLS as distributed by MLS GRID · MLS #2633451
HouseLoop last checked:
Listing updated:
Listed for
$294,900
Sale price not disclosed
7540 Rainbow Drive, Prairie Village, KS 66208
About this home
Discover this beautifully updated Prairie Village ranch in the highly sought-after Meadow Lake neighborhood! This move-in-ready gem perfectly blends modern updates with timeless charm. The heart of the home is the stylish kitchen, featuring a breakfast bar, stainless steel appliances, a gas stove with exhaust vent,…
HouseLoop user activity
HouseLoop last checked:
Property Details
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Full bathrooms: 1
Primary Bedroom
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 11 × 11
Bedroom 2
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 10 × 11
Living Room
- Features: Ceiling Fan(s)
- Level: Main
Kitchen
- Features: built-in features, granite counters
Dining Room
- Features: Kitchen Island
- Level: Main
Laundry
- Level: Main
Heating
- Heating: Natural Gas, Forced Air
Cooling
- Cooling: Attic Fan, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Gas Range, Stainless Steel Appliance(s), Washer
- Laundry: Main Level, Off The Kitchen
Features
- Features: Ceiling Fan(s), Custom Cabinets, Expandable Attic, Kitchen Island, Painted Cabinets, Smart Thermostat
- Flooring: Carpet, Luxury Vinyl
- Basement: Slab
- Other rooms: Main Floor BR, Main Floor Primary Bedroom
Interior area
- Finished area above ground: 975 sqft
- Total interior livable area: 975 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Garage Faces Front
Lot
- Size: 0.18 Acres
- Features: City Lot, Level
- Patio & porch: Patio
Construction
Type & style
- Home type: Residential
- Architectural style: Single Family Residence
Materials
- Materials: Stone Trim, Vinyl Siding
Condition
- Year built: 1950
- Age: 51-75 Years
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Highlights
Outdoor & Lot
- Fenced Yard
Kitchen
- Kitchen Island
- Gas Range
- Stainless Appliances
Interior
- Smart Thermostat
Layout
- Main Floor Primary
Garage & Parking
- Attached Garage
HOA and Amenities
No HOA on this home.
Nearby schools
GreatSchools rating
- 8Belinder Elementary School
- 9Indian Hills Middle School
- 8Shawnee Mission East High School
Schools provided by the listing agent
- District: Shawnee Mission
Price history
Tax
- Annual tax amount: $3,650 / yr
Property tax history
| Year | Property tax | Assessed value |
|---|---|---|
| 2025 | $3,650 | $31,142 |
| 2024 | $3,469 | $29,360 |
| 2023 | $3,534 | $29,371 |
| 2022 | $3,189 | $26,323 |
| 2021 | — | $21,930 |
| 2020 | $2,391 | $18,055 |
| 2019 | — | $17,365 |
| 2018 | — | $14,065 |
| 2017 | $1,760 | $12,696 |
| 2016 | $1,628 | $11,455 |
| 2015 | $1,597 | $11,432 |
| 2013 | $1,565 | $11,213 |
HouseLoop Vision
7540 Rainbow Drive, Prairie Village, KS 66208 is a 2-bedroom, 1-bath, 975-square-foot single family residence that sold on September 11, 2026. MLS #2633451.
Is this your home?
Claim this home to get your HouseLoop Home Valuation & Buyer Demand Report — real-time buyer demand and an up-to-date value for your home. Free, no obligation, about 3 minutes.
Estimated Sales Range
HouseLoop Home Value History
Similar listings and the Prairie Village market
Look throughout Prairie Village, Kansas
There are currently 57 homes for sale in Prairie Village, with 42 under contract. Homes here sell for a median of $500,000 and go under contract in a median of 2 days. This home is priced $205,100 below the Prairie Village median.
Prairie Village sits in Johnson County, which covers 31 zip codes and 1,861 homes for sale. Nearby Lenexa runs a higher median at $512,250; Olathe is lower at $460,000 with more inventory.
Sources — listings and prices: Heartland MLS as distributed by MLS GRID, as of October 7, 2026 · analysis: HouseLoop.
Frequently asked questions about 7540 Rainbow Drive
How do I get more information about 7540 Rainbow Drive?
It is a 2 bed, 1 bath, 975 sqft home listed at $294,900.
Ask Myli anything about this home right on this page — she can pull the schools, taxes, HOA and recent sales in Prairie Village in seconds — or tap Ask a question to reach a HouseLoop agent directly.
Can I take a virtual tour of 7540 Rainbow Drive?
Not yet — 7540 Rainbow Drive doesn't have a video walkthrough posted with this listing, so the photos and floor plan on this page are the best preview available.
Ask Myli to find you three more like it in Prairie Village, or tap Ask a question and a HouseLoop agent will build you a fresh list.
What is the 66208 neighborhood like?
7540 Rainbow Drive sits in 66208. The median list here is $1,417,500, versus $864,950 across Prairie Village, KS. Homes in 66208 go under contract in a median of 3 days, slower than Prairie Village, KS as a whole.
A tighter zip code inside a bigger city often trades a little on price for a lot on convenience. Ask Myli how 66208 compares to nearby zips, or tap Ask a question for a HouseLoop agent's read on it.
How much is the monthly payment for 7540 Rainbow Drive?
About $1,680 a month with 10% down at 6.5% over 30 years, before taxes and insurance; with this home's $3,650 tax bill and mortgage insurance folded in it lands near $2,160. Median sold price in Meadow Lake is $318,500 — this $294,900 list is right at it.
Your real number moves with the down payment and rate you lock — drag the sliders on this page, or tap Get pre-approved and Myli lines up a pre-approval in as little as 24 hours.
What is the price per square foot for 7540 Rainbow Drive?
$302 per square foot ($294,900 over 975 sqft). Homes sold in Prairie Village, KS over the same window went for a median of $300 per square foot, so this home is priced about even with that per-square-foot median.
Price per square foot is the fastest way to compare this home to the next one you tour — See Offer insights below for how that stacks up against what's actually selling, or Ask Myli to pull three more like it nearby.
When was 7540 Rainbow Drive built?
7540 Rainbow Drive was built in 1950, so it is about 76 years old.
A home's age shapes what an inspection tends to flag — roof, HVAC and plumbing lifespans especially. Ask Myli what to expect from a home this age, or tap Ask a question for a HouseLoop agent's read on it.
How many bedrooms and bathrooms does 7540 Rainbow Drive have?
7540 Rainbow Drive is a home with 2 bedrooms and 1 bathroom across 975 square feet, on a 0.18 acre lot, per the MLS record for this address.
Bed and bath count is usually the first filter a buyer sets, so it's worth confirming here before you compare this home to the next one. Ask Myli to pull three more nearby with the same layout, or tap Ask a question for a HouseLoop agent's read on it.
What is the lot size of 7540 Rainbow Drive?
0.18 acres (about 7,682 square feet), per the county record for 7540 Rainbow Drive.
Lot size drives what you can add later — a pool, a shop, room to expand — more than the house itself does. Ask Myli how that compares to other lots in Prairie Village, or tap Ask a question to find out what's allowed.
Does 7540 Rainbow Drive have a garage, a basement, air conditioning?
7540 Rainbow Drive has a 1-car garage and a slab basement, and attic fan and electric cooling.
Garage size and a finished basement are two of the fastest ways to add real living space without a remodel. Ask Myli if that trade-off makes sense for your search, or tap Ask a question for a HouseLoop agent's read on it.
What are the floors made of in 7540 Rainbow Drive?
Carpet and Luxury Vinyl, per the MLS record for 7540 Rainbow Drive.
Flooring type affects both upkeep and resale — hard-surface floors show better in photos and hold up longer than carpet in high-traffic rooms. Ask Myli what buyers in Prairie Village tend to prefer, or tap Ask a question for a HouseLoop agent's read on it.
What schools serve 7540 Rainbow Drive?
Belinder Elementary School (8/10), Indian Hills Middle School (9/10), Shawnee Mission East High School (8/10) in the Shawnee Mission district, per GreatSchools' 1-10 ratings for this address.
School assignment is one of the few things you can't change after closing, so it's worth confirming before you tour. Ask Myli to pull the full attendance boundary, or tap Ask a question to double-check with the district.
What are the property taxes for 7540 Rainbow Drive?
Public records show about $3,650 a year (1.2% of the list price) for 7540 Rainbow Drive. Taxes can change on reassessment, especially after a sale.
Property tax is folded into the payment estimate above — drag the sliders in the HouseLoop Mortgage Calculator to see how a different assessment would change your monthly number, or tap Get pre-approved to ask a lender directly.
Are there HOA fees for 7540 Rainbow Drive?
No HOA is listed for 7540 Rainbow Drive, and public records show none recorded on this parcel.
No HOA means more control over the property and no monthly fee, but also no shared maintenance budget for the roof, the street or the common areas. Ask Myli if that trade-off makes sense for you.
Is 7540 Rainbow Drive still for sale?
7540 Rainbow Drive sold on September 11, 2026 and is no longer available, so this listing is here as a record rather than something you can tour or make an offer on. It went under contract 15 days after listing on July 26, 2026. 40 homes have sold in Meadow Lake over the last 12 months — Ask Myli to pull the ones most like this one.
Ask Myli to find you three more like it in Prairie Village, or tap Ask a question and a HouseLoop agent will build you a fresh list.
Can I share 7540 Rainbow Drive with someone?
Yes — tap the share icon on this page to send 7540 Rainbow Drive by text, email, or straight to Facebook, X or WhatsApp.
Whoever opens it lands on this exact page, photos and FAQ included, no login required to view. Ask Myli to summarize the home in a few lines you can paste yourself instead, if that's faster.
How do I follow the Prairie Village market?
Tap ♥ on 7540 Rainbow Drive to get a text the moment its price or status changes, or search Prairie Village on HouseLoop and tap Save search to hear about every new listing that matches.
A saved search runs in the background and checks itself, so you see a new listing the day it hits rather than a week later. Ask Myli to set one up for you in this conversation.
Can I ask a question about 7540 Rainbow Drive?
Yes — ask her anything about 7540 Rainbow Drive right below this list: the price history, the schools, what a fair offer looks like, or how it compares to what else is for sale in Prairie Village.
She reads the full listing record and this page's own market data before she answers, and hands off to a HouseLoop agent the moment a question needs one. Tap Ask Myli below to start.
Listing data: Heartland MLS, distributed by MLS GRID. Market numbers: HouseLoop analysis of Heartland MLS data distributed by MLS GRID · over the last 12 months · Listing updated September 23, 2026 02:53 PM
This home's area
Popular searches in Prairie Village, KS
Search nearby cities
Prairie Village, KS homes for sale by zip code for sale · median sale · days to contract
HouseLoop analysis of Heartland MLS data distributed by MLS GRID · trailing 12 months. Median sale price: the median closed price among sold homes in that zip over the same window.
Counties homes for sale · median list price
Listed by ReeceNichols - Lees Summit
Listed July 26, 2026 11:22 PM · Source: Heartland MLS as distributed by MLS GRID · MLS #2633451
HouseLoop last checked:
Listing updated:
Insights on 7540 Rainbow Drive
This 1950 single-family home moved to contract in 15 days, outpacing the Meadow Lake median and signaling strong buyer demand. The flat lot and cohesive presentation underscored appeal in a neighborhood where move-ready homes command attention.
More sold homes in Meadow Lake →
| Home | Bd/Ba | Sqft | Days to contract |
|---|---|---|---|
| 2507 W 77th Street | 3/— | 1,191 | 19 |
| 7591 High Drive | 3/— | 1,100 | 5 |
| 2800 W 78th Street | 2/— | 864 | 26 |
| 2613 W 76th Street | 3/— | 1,115 | 6 |
| 2519 W 79th Street | 2/— | 900 | 31 |
Homes with similar features
Frequently asked questions
How much did 7540 Rainbow Drive sell for?
7540 Rainbow Drive was listed at $294,900 and sold in Sep 2026.
How fast did 7540 Rainbow Drive sell?
It went under contract in 15 days.
What schools serve 7540 Rainbow Drive?
This home is in the Shawnee Mission school district (Shawnee Mission East High School). Verify the exact attendance boundary for this address before relying on it.