Tbd Fm 116, Gatesville, TX 76528

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

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New to the Market Active
LOT SIZE 86.370 acres MLS#615900
STATUSActive PROPERTY TYPELand 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# 615900

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 llyon.rmcapitalcity.com today.

Property Features

Property Type: Land
Fenced: Yes
Lot Size: 86.37 Acres

Amenities

None
Other
See Remarks

Feature Descriptions

Body of Water: Creek/Stream
Community Features: None, Hunting
Days on Site: 2
Fencimg: Barbed Wire, Cross Fenced, Perimeter
Horse Amenities: Loafing Shed
Laundry: None
Parcel#: 108822
Sewer: Septic Needed
Spa: None
Special View Info: Creek/Stream
Topography: Rolling
Utilities: Electricity Available
Water: Other, See Remarks

Local Schools

High School: Gatesville
Middle School: Gatesville
Elementary School: Gatesville
School District: Gatesville ISD

Listed By / Shown By

Listed By

Agency Name: Kim Hill Real Estate Group
Agency Phone: (254) 277-1820

Shown By

Agent Name: Lisa Lyon
Agent Phone: (512) 293-5132
Agency Title: Realty Capital City

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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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