Rainbow, TX 76077
$495,000List Price
$3,978 Est. Mo. Payment
For a given home price of $495,000, the monthly mortgage is computed using a 5% down payment ($24,750) and a 7.5% annual interest rate, spread over 360 payments.
3
2
2
2,400ft2

Bailey Groves

Texas Real Estate Twins

, TX

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Rainbow
  • Price Comparison
    $61,350 lower
  • Home Size
    267 sq. ft. larger
  • Built in 1992
    Newer than 54% of homes in Rainbow
  • Rainbow Snapshot
    4 active listings
    71% have 3 bedrooms
    • Typical 3 bedroom size: 2133 sq. ft.
    • Typical 3 bedroom price: $556,349

Description

MOTIVATED SELLER with a HARD TO FIND parcel size just under 5 acres and AG EXEMPT in sought-after Glen Rose School District, perfect for equestrian living or peaceful country life. A flat and sandy parcel with mature scattered oaks bring charm and functionality. Behind the beautiful stone wall and electric gate, you’ll find privacy and charm surrounded by quiet farm roads, yet just 50 minutes from SW Fort Worth with easy access to Highways 144 and 67. Set up for horses or any other farm animal, low-maintenance fencing, spacious loafing shed, and a large flat riding area with great drainage. Tack room or small workshop allow you to move in with no prep! Property serviced by a well and county water. Under shady oaks with three cozy outdoor seating spots, a 2,400 sq ft, 3-bed, 2-bath home awaits. Inside, enjoy a warm, updated farmhouse feel with a new roof, newer gutters, modern HVAC, thermostatic pellet stove, remodeled kitchen and baths, and upgraded gas cooking. The roomy bonus space with its own entrance adds endless possibilities. This home isn’t just a place — it’s the country lifestyle you’ve been dreaming of. Property has well and county water. Ag Exemption is from bees that will convey with the sale.

MLS Listing ID

21087489

Listed By

Bailey Groves
(940) 781-4829
Texas Real Estate Twins

Map

High School
Glen Rose
Elementary School
Glen Rose
High School District
Glen Rose ISD
Tax Annual Amount
3874
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
%

Estimated Monthly Payment

$3,978

Loan Amount

$470,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Dishwasher
  • Gas Cooktop
  • Microwave
  • Gas Range

Highlights

Interior Features

  • Open Floorplan
  • High Speed Internet
  • Double Vanity
  • Walk-In Closet(s)

Roof

  • Composition

Sewer

  • Septic Tank

Levels

  • One

Cooling

  • Central Air
  • Ceiling Fan(s)

Current Use

  • Ranch
  • Horses
  • Agricultural
  • Pasture
Lot Size Acres
4.481
Parcel Number
02333

Pool Features

  • None
Property Type
Residential
Carport Spaces
2
Covered Spaces
2

Parking Features

  • Electric Gate
  • Carport
  • Detached Carport
  • Gated
Property Sub Type
Single Family Residence

Road Frontage Type

  • County Road
Virtual Tour
Validating link...

Flooring

  • Combination
Year Built
1992

Architectural Style

  • Traditional
  • Farmhouse

Heating

  • Central
  • Pellet Stove
Heating

Utilities

  • Electricity Connected
  • Water Available
  • Septic Available
  • Propane
10/27/2025
Active
(Current Listing)
$495,000
$206/sqft
10/16/2025
Price Change
$505,000 -29.4%
$210/sqft
10/15/2025
Withdrawn
MLS Listing ID: 20985399
$715,000
$298/sqft
10/12/2025
Price Change
$715,000 -0.7%
$298/sqft
9/30/2025
Price Change
$720,000 -0.7%
$300/sqft
8/23/2025
Price Change
$725,000 -3.3%
$302/sqft
7/25/2025
Price Change
$750,000 -5.1%
$313/sqft
7/19/2025
Price Change
$790,000 -4.2%
$329/sqft
7/4/2025
Price Change
$825,000 -5.2%
$344/sqft
6/26/2025
Canceled
MLS Listing ID: 20965972
$870,000
$363/sqft
6/12/2025
Price Change
$870,000
$363/sqft