5266 Highway 67 Rainbow, TX 76077
- Land
- 127.74 lot acres
Current Use by Public Records
- Land
Property Details for 5266 Highway 67
- Lot size
- 127.74 lot acres
- Property type
- Land
Description
Exceptional 127.74-acre commercial land opportunity in Rainbow, Texas, boasting over 1,000 feet of Highway 67 frontage and a half-mile of Brazos River frontage. This prime location offers unmatched visibility and accessibility, situated just outside Glen Rose, a thriving tourist destination known as the "Dinosaur Capital of Texas," and within an hour of both Fort Worth and Dallas. The property benefits from the significant tourist traffic generated by Glen Rose (over 400,000 annual visitors) and nearby Granbury, "America's Best Historic Small Town," with its numerous year-round events. The absence of zoning or restrictions allows for a wide range of development possibilities. Preliminary engineering for an RV-tiny home resort is available, presenting a compelling option for investors. However, the property's versatility extends beyond this, making it ideal for those seeking a scenic and expansive riverfront property for personal use or alternative commercial ventures. This unique parcel presents an exceptional investment opportunity with immense potential for residential, recreational, or commercial development. The asking price is $5,495,400. The property is located at 5266, 1152 E Hwy 67 Unit A, Rainbow, Somervell County, Texas, 76077.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rainbow
- County
- Somervell
- State
- Texas
- Longitude
- -97.679
- Latitude
- 32.2695
