Land with Home for Sale in Rainbow, Texas
2991 N FM 200, Rainbow, TX 76077
MOTIVATED SELLER! 13.46 ag-exempt acres in sought-after Glen Rose School District, perfect for equestrian living or peaceful country life. 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, 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! Water lines to each pasture and cross fencing allow for use of the entire property.
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.
Seller will offer 4k in concessions to fix the roof of the loafing shed in the pasture. Property has well and county water. Ag Exemption is from bees that will convey with the sale.
Location
- Street address
- 2991 N FM 200
- County
- Somervell County
- Elevation
- 669 feet
Directions
Traveling TX144 turn east onto N. FM 200 and drive approximately 0.7 miles to the stone entrance across from CR 300.
Property details
- Acreage
- 13.481 acres
- MLS #
- NTREIS 20985399
- Posted
Parcels
- 02333
Legal description
ACRES: 13.481 TRACT: 33 ABST: A135 A135 MILAM
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Carport, Gated
Structure
- Style
- New Traditional
- Stories
- 1
- Heating
- Central, Pellet Stove
- Cooling
- Ceiling Fan(s), Central Air
- Roof
- Composition
Interior
- Rooms
- Bathroom x 2, Bedroom x 3
- Appliances
- Cooktop, Dishwasher, Gas Cooktop, Gas Range, Microwave, Range, Washer
- Features
- Double Vanity, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Glen Rose | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 12, 2025 | Price drop | $715,000 | $5,000 -0.7% | NTREIS |
| Sept 30, 2025 | Price drop | $720,000 | $5,000 -0.7% | NTREIS |
| Aug 23, 2025 | Price drop | $725,000 | $25,000 -3.3% | NTREIS |
| July 24, 2025 | Price drop | $750,000 | $40,000 -5.1% | NTREIS |
| July 16, 2025 | Price drop | $790,000 | $35,000 -4.2% | NTREIS |
| July 4, 2025 | New listing | $825,000 | — | NTREIS |