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$2,400,000

Beds
15
Baths
12.0
sq ft
Unknown

1364 County Road 316, Rainbow, TX 76077

1364 County Road 316

Rainbow, TX 76077

  • 45 days on market
Nestled along the scenic Brazos River this property offers a rare opportunity. Featuring 12 well-appointed cabins and a utility shed for staff, it’s the perfect setup for short-term rentals, retreats, or group accommodations. The property's prime location provides easy access to some of the area’s top outdoor and recreational spots including Dinosaur Valley, Big Rock Park, and the Squaw Valley Golf Course making it a sought-after destination. Additionally, FEMA’s updated floodplain requirements, prevent future competition in the area which would now require structures to be built out of the floodplain. Whether you're looking to invest in an new property or expand your hospitality offerings, this Brazos Riverfront retreat is an exceptional choice.

Details

Property type

Est. home value

$351,040

Property condition

New Construction

Lot size

1.146 acres

Price per sq ft

Unknown

Year built

2025

Annual property taxes

$3,250

Price History

01/09/2025
NTREIS

NTREIS #20813365

Listed
$2,400,000
08/14/2023
NTREIS

NTREIS #20269598

Removed
09/03/2021
NTREIS

NTREIS #14596324

Removed

Schools & Community

Elementary school: 

Glen Rose

Middle school: 

Unknown

High school: 

Glen Rose

School district: 

Glen Rose ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Town Square Mortgage & Investments Inc

Loan start date

June 2010

Original loan amount

$140,113

Est. remaining balance

Not provided

Interest rate

5.07%

Loan type

FHA

Seller

William Odell and Margarita Odell

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/24/2025 at 11:05 AM

Listing updated: 01/10/2025 at 1:13 PM

Listed by: Julie Crimmins, NB Elite Realty Phone #: (844) 444-6237

MLS: NTREIS #20813365

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