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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1191 County Road 316 , Rainbow, TX 76077
$1,500,000
Est. Payment: $7,722.65/mo
0 Bed
0 Bath
2112 Sqft
Status: active | Days on site: 58
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Rare opportunity to own a profitable and fully operational, turn-key outdoor recreation center! This established outdoor recreation destination offers endless possibilities with direct access to the beautiful Brazos River. The property is thoughtfully designed for guests and outdoor enthusiasts, featuring multiple RV sites, spacious camping areas, shaded picnic spaces, 2 clean restroom facilities with showers, also out door showers on the back side of building, and convenient on-site laundry. Whether you're looking to expand an existing hospitality business, create a premier campground, or invest in a thriving recreational property, this one is ready to go. From the thriving storefront to the on-site apartment where owner can live or manage living quarters or turn into air b and b, everything has been carefully thought out. With river access, ample amenities, and room for guests to relax and enjoy the outdoors, this unique property is perfectly positioned to capitalize on the growing demand for outdoor travel and recreation. Also plenty of stock that will stay for all the river activities.

Highlights

Listed by Sarah Dugle , and Reine Carlo , CENTURY 21 Judge Fite , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
2.4

Year Built

2018

County

Somervell

Neighborhood

Milam Co Sch Ld

Listing ID

21313059

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete

Exterior Features

Lot:Acreage,Cleared,Many Trees,Waterfront,1 to < 3 Acres,River Front
Zoning:Unknown
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Gravel
Principal Interest
$7,723
Taxes
$510

Home Price

$1,500,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,722.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,722.65 $509.75 $0.00 $8,232.40
Yearly $92,671.82 $6,117.00 $0.00 $98,788.82
Total $2,780,154.51 $183,510.00 $0.00 $2,963,664.51

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Rainbow, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems