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Tbd Fm 116 , Gatesville, TX 76528

$820,515
  • Tbd Fm 116 , Gatesville, TX 76528 Main Photo

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Active
LOT SIZE 86.370 acres MLS#21295515
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONJ Thompson SCHOOLGatesville ISD

Property Description

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.

Tbd Fm 116 | MLS# 21295515

This land located at Tbd Fm 116 , Gatesville, TX 76528 is currently listed for sale with an asking price of $820,515. The property has approximately 86.37 Acres. Tbd Fm 116 is located within the Gatesville ISD school district. Search Gatesville real estate on baileygonzales.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 86.37 Acres

Feature Descriptions

Days on Site: 39
Exclusions: Gray Storage Building - will be moved.
Fencing: Barbed Wire, Cross Fenced, Perimeter
Horse Amenities: Arena, Barn(s), Hay Barn, Holding Pens, Loaf Shed(s)
Lot: Acreage, Pasture, Tank/ Pond
Parcel#: 108822
Utilities: Asphalt, Electricity Available, Sewer Not Available
Water Features: Creek

Local Schools

Elementary School: Gatesville
School District: Gatesville ISD

Listed By / Shown By

Listed By

Agency Name: Kim Hill Real Estate Group
Agent Name: Kim Hill

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Shown By

Agent Name: Bailey Gonzales
Agent Phone: (979) 220-6587
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 2,065.43 per month $1,826.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $239.32 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/18/2026. The listing information on this page last changed on 07/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/18/2026 12:54:40 AM EST) or NTREIS (last updated Fri 07/17/2026 11:49:19 PM EST) or SABOR MLS (last updated Sat 07/18/2026 12:53:01 AM EST) or CTXMLS (last updated Fri 07/17/2026 11:34:24 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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