Try navigating to the folder with the virtual textures. By default it's here:
C:\Program Files (x86)\Steam\steamapps\common\rage\virtualtextures
Find the file "rcbombbase.pages" and "rcbombbase.pageLines" and delete both of them. Then find RAGE in your Steam games list. Right click 'RAGE', click 'Properties', click the 'Local Files' tab and then click the 'Verify Integrity of Game Cache'.