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Lot/land
  • $820,515

    Tbd Fm 116, Gatesville, TX 76528

    --beds
    --baths
    86.37Acres
    Unimproved Land
    Built in ----
    86.37 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cattle grazingTowering native vegetationTwo stock pondsProductive hay groundScenic corridorNatural beautyAbundant wildlife
    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.
    39 days
    |
    72
    |
    5
    |

    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: 40 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

        DateEventPrice
        6/8/2026Listed for sale$820,515
        Source: NTREIS #21295515 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76528

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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