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    1152 County Road 317 Rainbow, TX 76077

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    For Sale
    $1,876,745

    Unique riverfront property with development potential near Glen Rose.

    Lot size:
    57.75 Acres

    Property Features for 1152 County Road 317

    General Information

    Lot size
    57.75 Acres

    Source: Williams Trew Real Estate Agent Allen Crumley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Ranch Near Glen Rose

    This riverfront property is located just outside Glen Rose in Somervell County, approximately 45 minutes from Fort Worth. The land features over 0.25 miles of river frontage with a gently sloped terrain leading to mature hardwoods and a sandy beachfront. A 120 GPM well is already drilled on the property, and there is access to a nearby waterline. The property is suitable for single-user development, or as a buy-and-hold investment. The ranch currently has an AG exemption, resulting in low annual holding costs. Glen Rose, located 3 miles away, is a destination town with attractions such as Squaw Valley Golf Course, Rough Creek Lodge, Dinosaur Valley, and Big Rocks Park.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Building Supply Wholesale Shop Auto Parts Store Auto Repair Shop Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rainbow
    County
    Somervell
    State
    Texas
    Longitude
    -97.673805
    Latitude
    32.269485

    Nearby Similar for Sale

    • $4,953,000
      127.74 Acres

      Prime Riverfront Development Land

      128 Acres, Brazos Riverfront, Hwy 67 Frontage
      5266 1152 E 67 Hwy, Rainbow, TX 76077
      View Details

    FAQs

    What type of property is this?
    Land - Unique riverfront property with development potential near Glen Rose.
    Where is this land located?
    The property is located at 1152 County Road 317 Rainbow, TX.
    What is the asking price?
    The asking price for this property is $1,876,745.
    What are key features of this property?
    This property features: - Over .25 miles of river frontage with mature hardwoods and sandy beachfront.; - Located in highly sought-after Somervell County, only 45 minutes from Fort Worth.; - 120 GPM well already drilled on the property, with abundant groundwater.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1152 County Road 317 Rainbow, TX 76077
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