TBD FM 116
Gatesville, TX, 76528 $ 820,515
Baths0.0 Monthly Estimate*
$ 5,052
Studio 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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List ByKim Hill Real Estate GroupBroker
kim@hillcountrypros.comEmail
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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.
Learn more about how to save NearbyFarm listings in Gatesville, TX
Average List Price $1,705,814
Percent of Sale Price 108%
About Gatesville, TX 12,452 Population
0% Since 2002
$ 42,219 Median Income
37.43 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4362034 Elementary School
4362029 Middle School
Gatesville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/8/2026 | $820,515 | | Listed Price |