LLANO, Texas (CBSDFW.COM/AP)Water levels are quickly dropping on a Texas river that soared above flood stage this week, destroying a bridge Tuesday, forcing evacuations and leading to multiple water rescues.

The Llano River was just below 15 feet on Wednesday morning after cresting 24 hours earlier at almost 40 feet. Initially, forecasters expected the river to rise to near-record levels Thursday, but modified their forecast to show the river dropping below flood stage instead.

READ MORE: Invasive Beetle Attacking North Texas Ash Trees

(credit: CBSDFW.COM)

Emergency managers in Llano County, about 65 miles northwest of Austin, welcome the forecast but say it’s not yet safe for residents to return home — the Llano River is expected to have a secondary rise Wednesday morning.

READ MORE: With COVID-19 Cases 'Skyrocketing' In Dallas County, Risk Level Bumped Up To 'Red'

In Kingsland, video captured a bridge crumbling as it was overrun by floodwaters. The bloated Llano River overran the FM 2900 bridge, sending chunks of concrete and metal rushing down the river.

A body was found in nearby Lake Lyndon B. Johnson, which is situated where the Llano flows into the Colorado River. Local officials have not released the identity of the person, but say many homes along the lake and rivers have been flooded.

MORE NEWS: Juneteenth Now An Official City Holiday In Duncanville

(© Copyright 2018 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)