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1152 County Road 317, Rainbow, TX 76077

$1,876,745
  • 1152 County Road 317, Rainbow, TX 76077 Main Photo

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Active
LOT SIZE 57.746 acres MLS#20985826
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONMilam County School Land Surv SCHOOLGlen Rose ISD

Property Description

Glen Rose River Ranch presents a rare riverfront opportunity in highly sought-after Somervell County, located just outside the city of Glen Rose and only 45 minutes from Fort Worth. The property features more than a quarter mile of direct river frontage, with gently sloped terrain transitioning through mature hardwoods to a private sandy beachfront along the water's edge—a combination that is exceptionally uncommon in the current market. Water resources are a defining strength of this offering. A 120 GPM well has already been drilled on the property, and the surrounding area is known for abundant, reliable groundwater. A nearby municipal waterline is also positioned to serve the tract, providing flexibility for a wide range of future uses. The property is well suited as a private single-user retreat, a strategic development prospect, or a long-term buy-and-hold investment. An active agricultural exemption is currently in place, keeping annual holding costs minimal and supporting attractive long-term ownership economics. Just three miles from the property, the city of Glen Rose stands as one of North Texas' premier destination communities, home to Squaw Valley Golf Course, Rough Creek Lodge, Dinosaur Valley State Park, Big Rocks Park, and a vibrant historic downtown. With its rare combination of river frontage, water resources, location, and flexibility of use, Glen Rose River Ranch represents a truly exceptional opportunity to acquire a high-quality riverfront property within close reach of the Dallas-Fort Worth Metroplex.

1152 County Road 317 | MLS# 20985826

This land located at 1152 County Road 317, Rainbow, TX 76077 is currently listed for sale with an asking price of $1,876,745. The property has approximately 57.75 Acres. County Road 317 is located within the Glen Rose ISD school district. Search Rainbow real estate on karenschaeper.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 57.75 Acres

Feature Descriptions

Days on Site: 313
Lot: Acreage, Bottom, Cleared, Many Trees, Pasture, Water/Lake View, Waterfront
Lot Dimensions: tbv
Parcel#: 01973
Utilities: All Weather Road, Asphalt, Co-op Electric, Electricity Available
Water Features: River Front

Local Schools

Elementary School: Glen Rose
School District: Glen Rose ISD

Listed By / Shown By

Listed By

Agency Name: Williams Trew Real Estate
Agency Contact: 817-480-9502
Agent Name: Allen Crumley

agent picture

Shown By

Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors

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Estimated Payment

$ 4,724.20 per month $4,176.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $547.38 Homeowner's Insurance

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