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.
Lot/land
Price cut: $46.5K (8/14)
$774,000
2455 Fm 116, Gatesville, TX 76528
--beds
--baths
86.37Acres
Unimproved Land
Built in ----
86.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 94 days
- 40
- 8
Zillow last checked:
Listing updated:
Listed by:
Kim Hill 0592248,
Kim Hill Real Estate Group 254-277-1820
Source: NTREIS,MLS#: 21295515
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Barbed Wire,Cross Fenced,Perimeter
- On waterfront: Yes
- Waterfront features: Creek
Lot
- Size: 86.37 Acres
- Features: Acreage, Pasture, Pond on Lot
Details
- Additional structures: Barn(s)
- Parcel number: 108822
- Zoning description: none
- Horse amenities: Arena, Barn, Hay Storage, Loafing Shed, Stock Pen(s)
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
Community
- Subdivision: J Thompson
HOA
- Has HOA: No
Location
- Region: Gatesville
Financial & listing details
- Date on market: 6/8/2026
- Cumulative days on market: 95 days
- Listing terms: Cash,Conventional,Texas Vet,VA Loan
- Exclusions: Gray Storage Building - will be moved.
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $774,000-5.7% |
Source: NTREIS #21295515 Report a problem | ||
| 6/8/2026 | Listed for sale | $820,515 |
Source: NTREIS #21295515 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 76528
Nearby schools
Schools provided by the listing agent
- Elementary: Gatesville
- Middle: Gatesville
- High: Gatesville
- District: Gatesville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






