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-Americaâs 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 propertyâs 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 areaâs 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.
Great commercial frontage on US Hwy 67 east of Glen Rose with multiple access points. 4200 sf office building with multiple office and conference rooms. 6 car attached carport to the office building. 5,460 sf warehouse with 24 in thick concrete slab, designed for heavy machinery with tall ceilings. Additional 2100sf warehouse with loading bay for easy cargo loading. Multiple driveways designed to accommodate large trucks. All hvac systems less than 2 years old. Water well and septic tank on site. Commercial listing comes with 3bed 2 bath house located at front of property. Tenant in place until Oct 31, 2026.
The median home value in Rainbow, TX is $387,000. This is higher than the county median home value of $347,400. The national median home value is $338,100. The average price of homes sold in Rainbow, TX is $387,000. Approximately 61.2% of Rainbow homes are owned, compared to 0% rented, while 38.8% are vacant. Rainbow real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rainbow real estate agent to arrange a tour today!
Rainbow, Texas has a population of 419. Rainbow is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 35.65%.
The median household income for the surrounding county is $89,253 compared to the national median of $69,021. The median age of people living in Rainbow is 51.4 years.
The average high temperature in July is 96 degrees, with an average low temperature in January of 30.1 degrees. The average rainfall is approximately 34.6 inches per year, with 0.3 inches of snow per year.