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Land for Sale in Gatesville, Texas

Coryell County, Gatesville, TX 76528

$820,515
86.4 acres
Active sale
ago
Est $6,383/mo

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

Zip code
76528
Community
J Thompson
School district
Gatesville ISD
Elevation
941 feet
Coordinates
31.3899, -97.8127

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

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

NameTypeDistrict
GatesvilleElementaryGatesville ISD
GatesvilleMiddleGatesville ISD
GatesvilleHighGatesville ISD

Listing history

DateEventPriceChangeSource
June 9, 2026New listing$820,515NTREIS
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This 86.37-acre property is located in Gatesville, TX 76528. The property is available for sale for $820,515 with a price per acre of $9,500.

Listed by Kim Hill Real Estate Group, (254) 277-1820

Checked 2 hours agoUpdated Source

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