$5,495,400
127.74± Acres
Active
Somervell County, TX

5266, 1152 67, Rainbow, Texas

MLS ID: 20663570
Status: Active
Price: $5,495,400
Acres: 127.74±
Type: Unimproved, Commercial, Land
Address: 5266, 1152 67
City, State: Rainbow, TX
County: Somervell County
ZIP Code: 76077
Parcel Number: 106357

Description

Prime Riverfront Development Opportunity! Expansive ~128acre property along the Brazos River with Hwy 67 & CR frontage, offering unmatched visibility and investment potential. Just outside Glen Rose limits, TX- Dinosaur Capital of TX & top tourist destination, under an hour from Fort Worth & Dallas, and 15mins from Granbury-America’s Best Historic Small Town. With over 1,000 feet of Hwy 67 frontage & half-mile of riverfront, this property is highly desirable & visible. Glen Rose attracts over 400,000 visitors annually, boosting the local economy. Year-round events in Glen Rose & Granbury enhance the property’s appeal. With no zoning or restrictions and preliminary engineering for an RV&Tiny home resort, this property meets the high demand for various developments. The area’s steady population growth increases the demand for housing and STR, making this a unique investment opportunity with immense potential for residential, commercial, or recreational development.More details to come.

Directions: Map GPS: Use 1152 Cr 317, Rainbow, TX, 76077. It will take you to the CR access road to gate(on right). Coming from DFW, CR 1152 is the first turn-in on the left after the Brazos River bridge.

Additional Information

Exterior

Inclusions: Land Only
Lot Features: Acreage, Hardwood Trees, Pasture, Pond On Lot, Many Trees, Waterfront
Lot Size Area: 128
Lot Size Source: Public Records
Lot Size Square Feet: 5,564,354
Road Frontage Type: County Road, Highway
Road Surface Type: Asphalt
Water Source: Community Coop, Well
Waterfront: Yes
Waterfront Features: River Front, Waterfront

Financial/HOA/Schools

Subdivision Name: Na
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: October 31, 2024 at 12:00:00 AM UTC

Listed By: Nychole Fung