Paragon Realtors Real Estate

1152 County Road 317Rainbow, TX 76077Price: $1,876,745

  • Price: $1,876,745
  • Est. Mortgage of $/month
  • 325 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,876,745List Price
  • 57.75Acreage

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Listed by Allen Crumley of Williams Trew Real Estate (817-480-9502)
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.

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 10:51 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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