Pending
Price CutPrice Drop: $46.52K (10/29)
Sale Pending at Tbd Fm 116, Gatesville, TX 76528 | MLS# 21295515 | Listing updated on 2026-10-29
Photo 1 of Sale Pending at Tbd Fm 116, Gatesville, TX 76528 | MLS# 21295515 | Listing updated on 2026-10-29
Photo 2 of Sale Pending at Tbd Fm 116, Gatesville, TX 76528 | MLS# 21295515 | Listing updated on 2026-10-29
Photo 3 of Sale Pending at Tbd Fm 116, Gatesville, TX 76528 | MLS# 21295515 | Listing updated on 2026-10-29
Photo 4 of Sale Pending at Tbd Fm 116, Gatesville, TX 76528 | MLS# 21295515 | Listing updated on 2026-10-29
36+
Beds Icon

Virtual Tour

Beds Icon

Street View

$774,000

Monthly Est:$3,852

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon85.42acres lot

Tbd Fm 116, Gatesville, TX 76528

$3,852/moEst:

Get Pre-Approved

  • Ranch

  • Built in -

  • $-- HOA

  • 85.42 acres lot

  • $9,061/acre

Description

Discover the perfect blend of productive ranchland, equestrian functionality, and natural beauty on this exceptional 85.42 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....

Continue Reading
  • Houzeo last checked: 1 hour ago
  • Listing updated: October 29, 2026 at 9:34 pm
  • Listing Provided by: Kim Hill (254) 277-1820 | Kim Hill Real Estate Group (254) 277-1820
  • Source: NTREIS MLS-TX | MLS#: 21295515 NTREIS MLS-TX

Property Details

  • Status

    Pending

  • Type

    Land

  • No. of Stories

    -

  • County

    Coryell County

  • City

    Gatesville

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    85.42 acres lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21295515

  • MLS Status

    Pending

  • Cumulative Days on Market

    143

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Utilities & Energy

  • Utilities

    Electricity Available, Sewer Not Available

Other Features

  • Subdivision Name

    J Thompson

  • Lot Features

    Acreage, Pasture, Pond On Lot

  • Disclosures

    Flood Plain Disclosure, Other

Price History

DateEventPrice

10/29/2026

Source: mls_logoNTREIS MLS-TX #21295515

Pending

$774,000 -5.67%

$0/sqft

06/08/2026

Source: mls_logoNTREIS MLS-TX #21295515

Price Increased

$820,515 +31.49%

$0/sqft

03/23/2026

Source: mls_logoCentral Texas MLS-TX #608128

Price Decreased

$624,000 -71.64%

$0/sqft

01/24/2025

Source: mls_logoCentral Texas MLS-TX #567965

Off Market

$2,200,000

$0/sqft

01/24/2025

Source: mls_logoCentral Texas MLS-TX #567965

Listed for Sale

$2,200,000 +705.86%

$0/sqft

Show more

Nearby Homes

Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 05, 2026, 12:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

Advertising Broker: Michelle Brecker | Pathway To Home Realty

Skip to Main Content