5266, 1152 E 67 Highway #A
About This Property
Located just before Glen Rose along North-Central Texas' vital Highway 67 corridor, this 127± acre Brazos Riverfront property offers unmatched visibility, flexibility, and development potential. With over 2,476 feet of river frontage, CR and Highway 67 access, and no zoning restrictions, it's primed for residential, STR, commercial, or mixed-use development.
Just outside Glen Rose-the Dinosaur Capital of Texas and a top tourist destination-this tract sits less than an hour from Fort Worth and Dallas, and only 15 minutes from Granbury, named "America's Best Historic Small Town." With over 1,000 feet of Highway 67 frontage and daily traffic counts between 9,000–17,000 vehicles (2023 TxDOT, rising), the site offers high-impact exposure just 3 minutes from town.
The property also boasts ½ mile of Brazos River frontage-a highly desirable amenity for recreation-based projects. Glen Rose welcomes 530,000+ annual tourists, drawn to Dinosaur Valley State Park, river activities, festivals, and more. The local economy is further supported by agriculture, education, and healthcare sectors, with ongoing growth in housing, infrastructure, and retail.
Preliminary engineering is complete for an RV-tiny home resort, and the lack of restrictions provides wide-open development potential. This rare opportunity sits at the edge of Glen Rose's tipping point, where exponential growth is being driven by surging tourism, strategic infrastructure investment, and rising developer demand.
Recent additions of national retailers, upscale dining, and major projects like the 190-acre data center are accelerating demand for housing, STRs, and commercial services-making this a prime time to invest.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| May 18, 2025 | Price Decreased |
$3,900,000
↓ $600K
(13.3%) | |
| Price Decreased | |||
| Jul 4, 2024 | Listed by Keller Williams Realty | $4,500,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017