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Land for Sale in Gatesville, Texas

176 Acres FM 116 Rd, Gatesville, TX 76528

$1,927,000
177 acres
Active
$215k drop
Est $13,019/mo

176.789 Acre Ranch - Gatesville, TX This 176.789-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.

Location

Street address
176 Acres FM 116 Rd
Community
J Thompson
School district
Gatesville ISD
Elevation
904 feet
Coordinates
31.4053, -97.7961

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.

Property details

Acreage
176.789 acres
MLS #
SMABOR 592485
Posted

Property taxes

2025
$341

Parcels

  • 108785

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded
Features
Acreage, Horse Property, Mature Trees, Outside City Limits, Ranch, Views

Exterior

Fencing
Fenced
Structures
Barn(s)

Structure

Water
Private, Well
Sewer
Septic Needed

Nearby schools

NameTypeDistrict
GatesvilleElementaryGatesville ISD
GatesvilleMiddleGatesville ISD
GatesvilleHighGatesville ISD

Listing history

DateEventPriceChangeSource
Feb 13, 2026Price drop$1,927,000$214,850 -10%SMABOR
Sept 12, 2025New listing$2,141,850SMABOR
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This 176.789-acre property is located at 176 Acres FM 116 Rd in Gatesville, TX 76528. The property is available for sale for $1,927,000 with a price per acre of $10,900.

Checked 2 hours ago — Updated

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