TX > Rainbow > Na
Rainbow, TX 76077,5266, 1152 E 67 Highway #A
Rainbow, TX 76077,5266, 1152 E 67 Highway #A
Rainbow, TX 76077,5266, 1152 E 67 Highway #A
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Joshua Hough

Joshua Hough

+1(972) 757-1837
$5,495,400
Est. payment /mo
127.74 Acres Lot
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UPDATED:

11/01/2024 07:29 PM

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 20663570

Lot Size 127.740 Acres

Acres 127.74

Property 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.

Location

State TX

County Somervell

Zoning None

Direction 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.

Exterior

Utilities Available Asphalt, Co-op Electric, Co-op Water, Electricity Connected, Outside City Limits, Septic, Well

Waterfront Yes

Waterfront Description River Front

Garage No

Building

Lot Description Acreage, Many Trees, Oak, Pine, Pasture, Tank/ Pond, Water/Lake View, Waterfront

Structure Type See Remarks

Others

Ownership of record

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Special Listing Condition Aerial Photo, Feasibility Study Available, Survey Available, Utility Easement

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2024 North Texas Real Estate Information Systems.
Listed by Nychole Fung • Keller Williams Realty

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Joshua Hough

+1(972) 757-1837

Broker | License ID: 0564535

Broker License ID: 0564535

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