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4302 E Highway 67
Rainbow, TX 76077
Land For Sale · 54.00 AC

Investment Highlights

  • 54± unrestricted, ag-exempt acres with development, ranching, recreational, residential, commercial, and investment potential.
  • Features a stock pond, barn, fencing, and cross-fencing suitable for agricultural operations or future improvements.
  • Heavily wooded acreage offers privacy, natural beauty, wildlife habitat, and multiple potential building sites.
  • Prime Hwy 67 and CR 303 location positioned within one of Somervell County's fastest-growing development corridors.
  • Private water well in place with access to Somervell County Water District service for added utility flexibility.
  • Near Glen Rose attractions including Dinosaur Valley State Park, Fossil Rim, Historic Downtown, and the Brazos River.

Executive Summary

Prime development opportunity in one of Somervell County's fastest-growing corridors. This 54± acre unrestricted, ag-exempt tract offers exceptional flexibility for investors, developers, ranch users, or owner-operators. Conveniently located off Highway 67 and County Road 303, the property features a stock pond, barn, private water well, fencing and cross-fencing, along with access to the Somervell County Water District.
The heavily wooded landscape provides privacy, natural beauty, and multiple potential build sites. With ongoing TxDOT improvements and continued residential and commercial growth in the area, this property is well-positioned for future appreciation and development. Suitable for agricultural, residential, commercial, industrial, recreational, mixed-use, or investment purposes.
Located minutes from Glen Rose attractions including Dinosaur Valley State Park, Fossil Rim Wildlife Center, the Historic Downtown Square, Big Rocks Park, and the Brazos River.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Hold For Development
  • Horse Stables
  • Warehouse
  • Agricultural
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 54.00 AC
Zoning E - Real Property - Unimproved Rural Land

1 Lot Available

Lot

Price $2,000,000
Price Per AC $37,037.04
Lot Size 54.00 AC

54± unrestricted, ag-exempt acres in rapidly growing Glen Rose. Features a stock pond, barn, fencing, private water well, and Hwy 67/CR 303 frontage. Ideal for development, investment, agricultural, recreational, or mixed-use opportunities.

Property Taxes

Property Taxes

Parcel Number
R000002329
Land Assessment
$1,079,550
Improvements Assessment
$384,890
Total Assessment
$434,040
  • Listing ID: 41320657

  • Date on Market: 7/16/2026

  • Last Updated:

  • Address: 4302 E Highway 67, Rainbow, TX 76077

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