1152 COUNTY ROAD 317, RAINBOW, TX 76077
Homes for sale in Rainbow.
Homes for sale in 76077.
List Price$1,876,745
1152 County Road 317
Rainbow, TX 76077
Listing #20985826
About This Property
Glen Rose River Ranch presents a rare riverfront opportunity in highly sought-after Somervell County, located just outside the city of Glen Rose and only 45 minutes from Fort Worth. The property features more than a quarter mile of direct river frontage, with gently sloped terrain transitioning through mature hardwoods to a private sandy beachfront along the water's edge--a combination that is exceptionally uncommon in the current market. Water resources are a defining strength of this offering. A 120 GPM well has already been drilled on the property, and the surrounding area is known for abundant, reliable groundwater. A nearby municipal waterline is also positioned to serve the tract, providing flexibility for a wide range of future uses. The property is well suited as a private single-user retreat, a strategic development prospect, or a long-term buy-and-hold investment. An active agricultural exemption is currently in place, keeping annual holding costs minimal and supporting attractive long-term ownership economics. Just three miles from the property, the city of Glen Rose stands as one of North Texas' premier destination communities, home to Squaw Valley Golf Course, Rough Creek Lodge, Dinosaur Valley State Park, Big Rocks Park, and a vibrant historic downtown. With its rare combination of river frontage, water resources, location, and flexibility of use, Glen Rose River Ranch represents a truly exceptional opportunity to acquire a high-quality riverfront property within close reach of the Dallas-Fort Worth Metroplex.
Property Features
Location Information
County
Somervell
Subdivision
Milam County School Land Surv
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available
Road Description
County Road, All Weather Road, Asphalt
Lot Description
Acreage, Cleared, Pasture, Many Trees, Wooded, Waterfront
Waterfront Description
River Front, Waterfront
Lot Size in Acres
57.746
Has Waterfront
Yes
Lot Size in Sq. Ft.
2,515,415
Has View
Yes
Lot Dimensions
tbv
View Description
Water
Current Use
Agricultural, Cattle, Grazing, Hunting, Livestock, Past
Is One Story
No
Possible Best Use
Agricultural, Cattle, Comme
Lot Description
Acreage, Cleared, Pasture, Many Trees, Wooded, Waterfront, River Front, Waterfront
Zoning
None
School
Elementary School District
Glen Rose ISD
High School
Glen Rose
Elementary School
Glen Rose
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Documents Available
Survey
Status
Active
Similar Listings
Mortgage Calculator
$8,762
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,762
Monthly Tax
$1,563
Monthly Insurance
$437
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Allen Crumley, Williams Trew Real Estate

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NTREIS - North Texas data last updated at May 27, 2026, 11:46 AM CT
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