2991 N Fm 200
Rainbow, TX 76077
Map
- 3 beds
- 2 baths
- 2,200 sqft
- ~13 acre lot
- $395 per sqft
- 1992 build
- – on site
Welcome to your dream ranch, a stunning ag-exempt, turnkey horse property located in the highly desirable GRISD. This property is perfect for those looking to immediately embrace the equestrian lifestyle or simply enjoy the serenity of country living. As you come through the stone wall entrance and electric gate, you'll immediately feel the charm and security of the place. Surrounded by quiet farm roads and away from the hustle and bustle of development yet conveniently located between highways 144 and 67. You are only 50 minutes to Fort Worth and 15 minutes from Granbury. This property is fully equipped for your equestrian ambitions, featuring premium smooth wire fencing, large round pen, spacious loafing sheds, and a large flat riding area with excellent drainage. The barn offers concrete floor, two large stalls with mats, tack area, and a tool workshop. Water is run to each paddock, pasture, and barn. county and well water keep the bill low!!! The expanded ranch style home has many updates throughout including a brand new 30-year shingle roof, a thermostatic pellet heater, a newer HVAC system, bathrooms, floors, and kitchen. It offers comfort and convenience with a very large bonus room with its own private entrance. The home is nestled within a beautiful shady grove leading down to your ag exemption honeybee hives. Wake up or wind down in one of your 3 cozy outdoor sitting areas and enjoy the views of your paradise.
Last checked:
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Last updated Jun 11, 2025
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MLS# 20965972 —
The Building
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Year Built:1992
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Structural Style:Farm/Ranch House
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Security Features:Security Gate, Security System, Smoke Detector(s)
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Accessibility Features:No
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Other Equipment:Livestock Equipment
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Basement:No
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Levels:One
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Construction Materials:Fiber Cement
Interior
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Interior Features:Double Vanity, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
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Flooring:Combination
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:2200.00
Location
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Directions:from TX144 turn east onto N. FM200 and drive approx .7 miles to stone entrance directly across from county rd 300
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Latitude:32.27840900
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Longitude:-97.72549700
The Property
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Property Type:Residential
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Property Subtype:Farm/Ranch
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Property Attached:No
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Parcel Number:02333
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Lot Features:Acreage, Agricultural
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Lot Size:10 to < 50 Acres
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Lot Size SqFt:587232.3600
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Lot Size Acres:13.4810
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Lot Size Area:13.4810
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Lot Size Units:Acres
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Current Use:Agricultural, Horses
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Exclusions:equestrian jumping props
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Fencing:Cross Fenced, Wire
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Crops:Improved Pasture
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Soil Type:Sandy Loam
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Vegetation:Grassed
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Horse Amenities:Barn(s), Electric to Barn, Loaf Shed(s), Round Pens, Stable(s), Tack Room, Wash Rack, Water to Barn
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Horse Permitted:Yes
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Farm Ranch Features:Corrals, Fenced for Horses
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Barns Count:1
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# of Barns:1
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Road Surface Type:Gravel
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:ACRES: 13.481 TRACT: 33 ABST: A135 A135 MILAM
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20965972
Heating & Cooling
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Heating:Central, Pellet Stove
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Aerobic Septic, Propane, Rural Water District, Well
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# of Wells:1
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# of Separate Water Meters:2
Appliances
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Appliances:Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator
Schools
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School District:Glen Rose ISD
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Elementary School:Glen Rose
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Elementary School Name:Glen Rose
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Jr High School Name:Glen Rose
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High School Name:Glen Rose
The Community
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Subdivision Name:na
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Pool:No
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Association Type:None
Parking
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Garage:No
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Carport Spaces:2
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Covered Spaces:2
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Parking Features:Carport, Detached Carport, Electric Gate, Gated
Monthly cost estimate
Asking price
$870,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,658
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| Taxes | N/A |
| Insurance | $239 |
| Utilities | $164 See report |
| Total | $5,061/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
