Rainbow Homes for Sale

Welcome to Rainbow, a charming city located in Somervell County, Texas. Known for its scenic landscapes and friendly community, Rainbow offers a peaceful and serene environment for those looking to settle down.

In Rainbow, you'll find a variety of homes for sale that cater to different preferences and budgets. Whether you're in search of a cozy single-family home or a spacious property with ample land, there's something for everyone in this vibrant city.

With its close proximity to major cities like Dallas and Fort Worth, Rainbow provides the perfect balance between a tranquil rural lifestyle and easy access to urban amenities. Residents can enjoy the best of both worlds, with the convenience of nearby shopping centers, restaurants, and entertainment options, while still being able to retreat to the tranquility of their homes.

Nature enthusiasts will be delighted by the abundance of outdoor recreational activities available in Rainbow. The city is surrounded by picturesque landscapes, including rolling hills, lush forests, and sparkling lakes. Whether you enjoy hiking, fishing, or simply taking in the scenic beauty, Rainbow offers endless opportunities to connect with nature.

If you're considering making Rainbow your home, now is the perfect time to explore the available homes for sale. With its welcoming community, natural beauty, and convenient location, Rainbow is an ideal place to settle down and create a lifetime of cherished memories.

Newest Rainbow Homes for Sale

$499,000

3 Beds ⋅ 2 Baths ⋅ 21361755 MLS

Wonderful opportunity to own your own slice of paradise! Nestled at the end of a quiet cul-de-sac on just over 5 acres, this property offers the perfect combination of privacy, space, and natural beauty. Enjoy direct access to the Brazos River through the HOA, 2 miles from squaw valley golf courses and a less than 10 minute drive to downtown Glen Rose. Whether you're looking for a peaceful full-time residence, weekend retreat, or country getaway, this property offers a rare opportunity to escape the city and experience the tranquility of Somervell County.

1136 County Road 306b, Rainbow

$1,125,000

4 Beds ⋅ 3 Baths ⋅ 21330209 MLS

Luxury meets timeless craftsmanship in this exceptional custom home by White Rock Homes and Design, nestled on nearly 3 coveted acres. Offering 3,138 square feet of thoughtfully designed living space, this stunning new construction features 4 bedrooms, 3 bathrooms, and upscale finishes. A private gated entrance and long drive lead you to this secluded retreat surrounded by mature trees, creating unmatched privacy. The welcoming front courtyard, complete with a stone fountain and covered front porch, creates an unforgettable first impression before you step inside. The home showcases elevated ceilings, dramatic slopes, upgraded encasement windows, and expansive picture windows that frame sweeping countryside views while filling the home with natural light. Chef-inspired kitchen with premium quartzite countertops, while every bath is elegantly finished with marble countertops. Granite countertops are throughout the home's secondary common spaces, complementing the custom finishes found throughout. A grand banquet-sized dining hall provides an elegant setting for gatherings and celebrations.A spacious laundry room and a convenient drop zone featuring custom lockers help keep life organized. A private second suite offers endless options. Enjoy the covered back patio and take in the peaceful views of your private acreage. The property is impressive for those seeking functionality, featuring a large barn-warehouse with electric and abundant storage, welded pipe fencing with no-climb wire surrounding the backyard, welded pipe pens, and cross-fencing designed for horses, livestock, or other animals. The property is serviced by a private water well and includes a custom-designed well house built to complement the architecture of the main residence. This one-of-a-kind luxury estate offers the perfect blend of sophisticated design, premium craftsmanship, and functional acreage in one of Somervell County's most sought-after locations. *Buyer to confirm space measurements.

4167 Hwy 67, Rainbow

$525,900

3 Beds ⋅ 2 Baths ⋅ 21301482 MLS

Welcome home to this stunning cedar and log cabin residence located on just over 5.0 rolling treed acres at the end of a private cul de sac in Rainbow, Texas! This home is truly located at the end of the Rainbow! The updates: New cedar stained elevated wrap around deck with stunning views out over the property. New 4 car porte cochere style cedar carport just off the side entrance, brand new roof and gutters in 2024, downstairs bath updated with double sinks and large walk in shower 2025, new kitchen flooring, HVAC replaced in 2024, and well water filters updated in 2025. The basics: Just over 5.0 acres of gently sloping heavily treed land offering the ultimate in peace and quiet, stunning views, an abundance of wildlife, walking trails, koi pond with fountain, secure 10 foot wide X 25 foot long chicken coop with chickens. Covered and insulated 6 foot wide X 10 foot long 400 foot plus deep water well and well house with full filtration system and some of the best water! Separate 600 sq ft guest quarters measuring 20 foot wide X 30 foot long with full bathroom, living room, kitchen, and overhead loft. Barn with electric measuring 20 foot wide X 30 foot long. Main house: 3 bedroom, 2 bath, 2 story, built in 1992 and extensively updated. Beautiful large windows throughout this home for the ultimate in viewing your acreage and nature. Updated kitchen with full appliances and a main living area featuring high cedar beam ceilings with a stone wood burning fireplace that can heat the entire downstairs! Breakfast area or office just off living room is multi functional. Oversized utility room with freezer space and ample storage. Downstairs bedroom can be used as master bedroom if desired. Multi functional. Upstairs you will find 2 more bedrooms with great views out to the property. Upstairs bedroom could also be used as a master bedroom if desired. Community offers Brazos River access and boat ramp. Enjoy sunrises and sunsets on your beautiful front porch and back deck!

1129 County Road 306, Rainbow

$375,000

1 Beds ⋅ 1 Baths ⋅ 21286602 MLS

Move to the country ! Approx. 4 beautiful acres , nice trees, very private location just east of Glen Rose. Perfect for someone wanting to downsize , large master suite, spacious open living area , vaulted ceiling with exposed beams and stone fireplace. Room to add-on , large carport 25X30 and 3 sided shop 24X25 that could be enclosed into a garage. Private water well. See listing 21286613 that joins this property. Acreage is approximate pending survey and platting .

1330 County Road 306, Rainbow

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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