5266 U.S. 67, Rainbow, TX 76077 - Somervell County

Prime Brazos Riverfront Development Opportunity Located In The Dinosaur Capital of TX!!

Expansive 127+/-acre property along the Brazos River with Hwy 67 & CR road frontage, presents a high visibility and versatile investment opportunity. Located just outside Glen Rose, TXDinosaur Capital of Texas and a top tourist destinationunder an hour from Fort Worth and Dallas, and 15 minutes from Granbury-Americas Best Historic Small Town.

With over 1,000 feet of frontage on a Highway that sees daily traffic counts between 9,000-11,000 vehicles, this property offers exceptional visibility along the route to a highly visited destination town, just 3mins away.

Additionally, its 1/2 mile of riverfront access to Texas's longest river and a popular site for recreational activities, makes for a highly desirable property no matter the plans.

Glen Rose attracts over 400,000 visitors annually to its various major attractions, significantly boosting the local economy, which is also supported by the agriculture, education, and healthcare sectors. Year-round events and festivals in Glen Rose and Granbury further enhance the propertys attractiveness.

With no zoning or restrictions and preliminary engineering for an RV/tiny home resort, this property meets the high demand for a variety of developments.

Highway 67 has high daily traffic counts, and the area is experiencing steady population growth, with a projected increase in demand for both single-family housing and the STR industry.

This unique investment opportunity in a growing and vibrant area offers immense potential for Residential, Comm, or Development.

The area is on the cusp of its "Tipping Point," where growing tourism, improving infrastructure, and increasing interest in development are driving its transformation and Exponential Growth.

12inch waterline across 67.

HIGHLIGHT FEATURES:

Location:

County: Somervell

City: Rainbow- which is just outside city limits of Glen Rose, Texas- The Dinosaur Capital of Texas and a top tourist destination

Less than an hour from Fort Worth and Dallas

15 minutes from Granbury-Americas Best Historic Small Town. Lake Granbury.

Frontage: Over 1000 feet of frontage on Highway 67, which sees daily traffic counts between 10,000-17,000 vehicles. CR 317 frontage for an additional access point.

Riverfront Access: 2476 feet (1/2 mile) of riverfront access on the Brazos River, Texas's longest river.

and a popular site for recreational activities

Visibility: Exceptional visibility due to high-traffic counts and proximity to a highly visited destination town.

Local Economy: Supported by tourism, agriculture, education, and healthcare sectors.

Events and Festivals: Year-round events and festivals in Glen Rose and Granbury.

Development Potential: No zoning or restrictions, with preliminary engineering for an RV/tiny home resort. 12-inch waterline across 67.

Market Demand: Increasing demand for single-family housing and short-term rentals due to steady population growth. The recent increase in Mix-use development and subdivision development.