TBD FM 116 Gatesville, TX $ 820,515
TBD FM 116
$ 820,515
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TBD FM 116

Gatesville, TX, 76528
$ 820,515
Baths0.0

Monthly Estimate*

$ 5,052

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Studio

Farms/Ranches for sale in Gatesville, TX

for $820,515. The lot size is 86.37.

Discover the perfect blend of productive ranchland, equestrian functionality, and natural beauty on this exceptional 86.37± acre property along FM 116 in Gatesville, Texas. Ideally suited for horse enthusiasts, cattle operators, and buyers seeking a versatile recreational ranch, this property offers a rare combination of income-producing acreage, reliable water features, and established agricultural infrastructure. The land is highly productive, with quality soils that consistently produce approximately 200–250 bales of hay annually while also supporting cattle grazing. Cross-fenced pastures provide efficient livestock management, and the property is currently leased for grazing, creating immediate income potential for investors or owner-operators. A standout feature is the property's frontage along Cottonwood Creek, a scenic corridor that typically maintains water flow except during the most severe drought conditions. Towering native vegetation, a grove of wild plum trees, and abundant wildlife, including whitetail deer, turkey, and dove create an attractive setting for recreation, hunting, and nature enjoyment. Two stock ponds further enhance the ranch's agricultural utility and wildlife habitat. Horse owners will appreciate the existing ranch infrastructure, including a sand-based roping arena, multiple barns and outbuildings, working pens, corrals, and a squeeze chute. Water and electricity are already extended to the barn areas, providing a strong foundation for equestrian, livestock, or agricultural operations. A small cabin offers additional flexibility as a guest quarters, ranch office, or weekend retreat. Buyers should note that utility services currently originate from an adjacent residence not included in the sale and will need to be independently connected by the future owner. Conveniently located with FM 116 frontage, this Central TX ranch offers productive hay ground, cattle grazing, horse amenities, recreational appeal, and creek frontage.

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Farms/Ranches Active

Price

$ 820,515

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 0

Style

Lot Size

86.37

Town/City

Gatesville

County/Region

Coryell

MLS | Web ID

615900

List By
Kim Hill

Listing Agent

Kim Hill Real Estate Group

Broker

kim@hillcountrypros.com

Email

Affordability Calculator

$5,052
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,052
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4362034 Elementary School
4362029 Middle School
Gatesville High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$820,515 Listed Price

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TBD FM 116, Gatesville, TX, 76528 is a Farms/Ranches for sale at $820,515 with a lot size of 86.37. TBD FM 116 is a studio with 0.0 baths. The property's zip code is 76528 which is in Gatesville, TX