1532 N FM, RAINBOW, TX 76077
Homes for sale in Rainbow.
Homes for sale in 76077.
1532 N FM
Rainbow, TX 76077
List Price$1,596,000
Listing #21195267
About This Property
Beautiful Hill Country Retreat Near Glen Rose Just one mile off US 67 and only a few miles east of Glen Rose, this stunning property offers the perfect blend of privacy, recreation, and income potential. Georges Creek runs along the southern boundary, providing excellent opportunities for fishing, swimming, and peaceful relaxation. The property features a tank, cross fencing, and productive hay fields, making it ideal for livestock and agricultural use. Equestrian enthusiasts will appreciate the dedicated fenced area ready for roping and riding--bring your horses and enjoy wide-open spaces designed for true country living. Two homes on the property provide flexibility for full-time living, multi-generational use, or weekend getaways. In addition, there are 7 existing RV sites complete with electric and plumbing, plus 7 more sites already laid out, offering outstanding potential for an income-producing RV park or short-term rental retreat. With its prime location, natural beauty, and versatile improvements, this exceptional property offers endless possibilities for recreation, residence, and investment.
Property Features
Location Information
County
Somervell
Subdivision
None
Interior Features
Has Fireplace
No
Cooling
Electric
Heating
Electric
Exterior Features
Utilities
Electricity Connected, Septic Available, Water Available
Road Description
Farm to Market Road, All Weather Road, Asphalt
Fencing
Barbed Wire, Cross Fenced
Waterfront Description
Creek
Lot Description
Acreage, Agricultural, Cleared, Hardwood Trees, Pasture, Pond on Lot, Wooded
Has Waterfront
Yes
Lot Size in Acres
56.859
Has View
Yes
Lot Size in Sq. Ft.
2,476,778
View Description
Water
Current Use
Agricultural, Cattle, Grazing, Hunting, Livestock, Manu
Is One Story
No
Possible Best Use
Agricultural, Cattle, Devel
Lot Description
Acreage, Agricultural, Cleared, Hardwood Trees, Pasture, Pond on Lot, Wooded, Creek
Zoning
un-zoned
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
Ranch
Exclusions
Tractor and Tractor Implements
Status
Active
Community Features
Fishing
Similar Listings
Mortgage Calculator
$7,453
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,751
Monthly Tax
$1,330
Monthly Insurance
$372
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
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