Current Use by Public Records
- Commercial real estate
Property Details for 5266 1152 E 67 Hwy
- Lot size
- 127.74 lot acres
- Property type
- Commercial real estate
Description
This exceptional 127.74-acre property presents a remarkable development opportunity in Rainbow, Texas. Situated along the Brazos River and boasting over 1,000 feet of frontage on Highway 67, this land offers unparalleled visibility and accessibility. Its location just outside Glen Rose, Texas – known as the "Dinosaur Capital of Texas" and a major tourist destination – provides immediate access to a thriving local economy and a large pool of potential customers. The property is conveniently located under an hour from both Fort Worth and Dallas, and only 15 minutes from Granbury, consistently ranked among America's best historic small towns. Glen Rose attracts over 400,000 visitors annually, creating a robust market for various ventures. The property benefits from a half-mile of picturesque Brazos River frontage, enhancing its appeal and potential for recreational development. With no zoning restrictions, the possibilities are vast. Preliminary engineering for an RV and tiny home resort has already been completed, showcasing the property's suitability for this high-demand market. The area's steady population growth fuels the increasing demand for housing and short-term rentals (STRs), making this a unique investment opportunity with immense potential for residential, commercial, or recreational development. This is a rare chance to capitalize on the burgeoning tourism and population growth in this desirable Texas location. The combination of highway frontage, river access, and proximity to major cities makes this property a truly exceptional investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rainbow
- County
- Somervell
- State
- Texas
- Longitude
- -97.7059
- Latitude
- 32.2693
