TBD-196.5 acres Fm 116 Road Gatesville, TX $ 2,141,850
TBD-196.5 acres Fm 116 Road
$ 2,141,850
New Construction
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TBD-196.5 acres Fm 116 Road

Gatesville, TX, 76528
$ 2,141,850
Baths0.0

Monthly Estimate*

$ 13,362

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Studio

Lots and Land for sale in Gatesville, TX

for $2,141,850. The lot size is 196.5.

196.5± Acre Ranch – Gatesville, TX This 196.5-acre ranch, located just south of Gatesville off FM 116, offers an exceptional blend of productive pasture, wooded privacy, and natural beauty. With rolling terrain and an 80-foot elevation change, the property provides sweeping views of the surrounding countryside and multiple ideal homesites for your dream ranch retreat. The land is approximately 60% open pasture, well-suited for cattle or horses, with the balance covered in a diverse mix of hardwoods—Oak, Pecan, Mesquite, and Cedar—providing excellent shade, wildlife habitat, and character. Cottonwood Creek meanders through the ranch, accented by 10–20 ft. limestone bluffs that add a dramatic backdrop and create a one-of-a-kind setting. Water is a true highlight: a windmill water well supplies reliable water, complemented by a smaller stock tank and a newly constructed tank over an acre in size, perfect for livestock, wildlife, or fishing. Improvements include a 30' x 60' barn, functional cattle pens, and well-maintained fencing, making the property immediately usable for livestock operations. The open pastures provide strong grazing potential, while the wooded areas offer cover for wildlife, making this ranch equally attractive for both ranching and recreational pursuits. The location combines seclusion with accessibility—just 2.3 miles from Coryell Health Hospital, within Gatesville ISD, and a short 30-minute drive to Waco, Temple, or Killeen. Whether you are seeking a working cattle ranch, a recreational getaway, or a scenic place to build a custom home, this property offers the versatility to fit your vision. With its blend of improvements, water resources, dramatic creek frontage, and rolling views, this ranch represents a rare opportunity to own a showcase property in the heart of Central Texas.

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Lots and Land Active

Price

$ 2,141,850

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 341

Style

Ranch

Lot Size

196.5

Town/City

Gatesville

County/Region

Coryell

MLS | Web ID

21057769

Features
General
Development Status Unzoned
Heating None
Cooling None
Utilities All Weather Road Asphalt Co-op Electric Electricity Available Outside City Limits Well
Possession Closing/Funding
current use Cattle Grazing
Restrictions Deed
School District Gatesville ISD
Crops Bluestem Native
Property Subtype Ranch
Subdivision Name J Thompson
Occupant Type Vacant
County Coryell
Property Type Land
HOA Type None
Special Notes Aerial Photo Deed Restrictions
Status Active
Directions Starting at the intersection of Highway 84 and FM 116 proceed south on FM 116 for 1.8 miles. The property will be located on your left.
City Gatesville
Elementary School Name Gatesville
High School Gatesville
Elementary School Gatesville
Standard Status Active
Junior High School Gatesville
Listing Terms 1031 Exchange Cash Conventional Federal Land Bank
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Exterior
Waterfront 0
Lot Features Acreage Brush Cedar Mesquite Oak Park View Pasture Rock Outcropping Rolling Slope Tank/ Pond
Vegetation Brush Grassed Partially Wooded
Fencing Barbed Wire Net Partial
WaterFront Features Creek
Lot Size Over 100 Acres
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* Excluded Features
List By
Calvin Burks

Listing Agent

Burks Real Estate

Broker

Affordability Calculator

$13,391
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,362
Monthly Property Taxes
$28
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
992454 Elementary School
3678461 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2025$2,141,850 Listed Price

Map


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TBD-196.5 acres Fm 116 Road, Gatesville, TX, 76528 is a Lots and Land for sale at $2,141,850 with a lot size of 196.5. TBD-196.5 acres Fm 116 Road is a studio with 0.0 baths. The property's zip code is 76528 which is in Gatesville, TX