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Agricultural Property with Hay Barn

1863 County Road 303, Rainbow, TX 76077

For Sale
New
$688,800

Land, Rainbow, TX

Property SizeContact for details
Lot Size24.17 Acres
Days on Market5

Property Features for 1863 County Road 303

General Information

Property type Land
Property subtype Other
Zoning description agricultural, residential
Vegetation Crops, Grassed
Exterior features Storage
Lot features Acreage, Agricultural, Cleared, Hardwood Trees, Level, Pasture, Few Trees, Wooded
Elementary school Glen Rose
Middle school Glen Rose
High school Glen Rose
Elementary school district Glen Rose ISD
Middle school district Glen Rose ISD
High school district Glen Rose ISD
Directions From Glen Rose, travel east on Hwy 67 towards Cleburne approximately 2 miles, turn left onto FM 200. Turn right on CR 303. Property is on the left at Large Hay Barn.
Standard status Active
APN 49199
Lot size 24.17 Acres

Taxes and HOA fees

Tax Description ACR 4.524 A136 Tr26-1; ACR 19.65 Tr15-1 MILAM CO
Tax Annual Amount 251
Legal Description ACR 4.524 A136 Tr26-1; ACR 19.65 Tr15-1 MILAM CO

Building Details

Year built 2014
Additional Structures Barn(s), Storage
Listing Agency: Pinnacle Realty Advisors
Listed By: Gayla Reynolds · License TX #0646376
Added: Nov 9 Changed: Nov 13 Last Checked: Nov 13 at 7:06PM
MLS# 21426562

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 24.17-acre agricultural property in Rainbow includes a Coastal Bermuda hay field and scattered oak and pecan trees. A 30-by-100-foot hay barn has a 16-by-32-foot enclosed storage area with insulation and electrical wiring; an electric pole must be added to bring service into the building. A county water tap has been provided by the Somervell County Water District.

A level area near the front of the property could accommodate an arena. The property is within Glen Rose ISD and approximately 20 minutes from the Chisholm Trail Parkway in Cleburne, with a direct route onward to Fort Worth.

Key Highlights

  • 24.17 acres with Coastal Bermuda hay field
  • 30' x 100' hay barn
  • 16' x 32' insulated enclosed storage area with electrical wiring

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Farms

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 76077, TX

555
Population
239
Households
2.3
Avg Household Size
48
Median Age
18%
College-Educated
98%
High-School Grad
9.2 sq mi
ZIP Area
60
Density / Sq Mi
$199,500
Median Household Income
$44,545
Median Earnings
$576,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Farm - Ag-exempt acreage features a Bermuda hay field, mature trees, enclosed storage, and a county water tap.
Where is this farm located?
The property is located at 1863 County Road 303 Rainbow, TX.
What is the asking price?
The asking price for this property is $688,800.
What are key features of this property?
This property features: 24.17 acres with Coastal Bermuda hay field; 30' x 100' hay barn; 16' x 32' insulated enclosed storage area with electrical wiring
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