
Land for Sale in Gatesville, Texas
Coryell County, Gatesville, TX 76528
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.
Location
- County
- Coryell County
- Zip code
- 76528
- Community
- J Thompson
- School district
- Gatesville ISD
- Elevation
- 941 feet
Directions
From Gatesville, head West on Hwy 84 (Main St) and turn left onto FM 116 towards Killeen. Property will be on the left, watch for sign. GPS to entrance 31.3899, -97.8127.
Property details
- Acreage
- 86.37 acres
- MLS #
- NTREIS 21295515
- Posted
Parcels
- 108822
Legal description
1009 J THOMPSON, ACRES 86.37
Details and features
Listing
- Type
- Land
- Address
- FM 116
Lot
- Waterfront
- Creek
- Features
- Acreage, Pasture, Pond On Lot
Exterior
- Fencing
- Fenced, Perimeter
- Structures
- Barn(s)
Nearby schools
| Name | Type | District |
|---|---|---|
| Gatesville | Elementary | Gatesville ISD |
| Gatesville | Middle | Gatesville ISD |
| Gatesville | High | Gatesville ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 9, 2026 | New listing | $820,515 | — | NTREIS |
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