Listing provided courtesy of BURKS REAL ESTATE- MLS# 21057769MLS ProviderContact Information: Calvin Burks - 254-471-5738

TBD-196.5 acres FM 116 RoadGatesville, TX 76528

Vacant Land · 176.79 Acres
$2,141,850 Active

TBD-196.5 acres FM 116 Road Overview

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176.789 Acre Ranch – Gatesville, TX This 176.789-acre ranch, located just south of Gatesville off FM 116, offers an exceptional blend of productive pasture, wooded privacy, and natural beauty. With rolling terrain and an 80-foot elevation change, the property provides sweeping views of the surrounding countryside and multiple ideal homesites for your dream ranch retreat. The land is approximately 60% open pasture, well-suited for cattle or horses, with the balance covered in a diverse mix of hardwoods—Oak, Pecan, Mesquite, and Cedar—providing excellent shade, wildlife habitat, and character. Cottonwood Creek meanders through the ranch, accented by 10–20 ft. limestone bluffs that add a dramatic backdrop and create a one-of-a-kind setting. Water is a true highlight: a windmill water well supplies reliable water, complemented by a smaller stock tank and a newly constructed tank over an acre in size, perfect for livestock, wildlife, or fishing. Improvements include a 30' x 60' barn, functional cattle pens, and well-maintained fencing, making the property immediately usable for livestock operations. The open pastures provide strong grazing potential, while the wooded areas offer cover for wildlife, making this ranch equally attractive for both ranching and recreational pursuits. The location combines seclusion with accessibility—just 2.3 miles from Coryell Health Hospital, within Gatesville ISD, and a short 30-minute drive to Waco, Temple, or Killeen. Whether you are seeking a working cattle ranch, a recreational getaway, or a scenic place to build a custom home, this property offers the versatility to fit your vision. With its blend of improvements, water resources, dramatic creek frontage, and rolling views, this ranch represents a rare opportunity to own a showcase property in the heart of Central Texas.

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TBD-196.5 acres FM 116 Road Facts & Features

  • Type Vacant Land
  • Lot 176.79 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Gatesville ISD
  • Elementary School: Gatesville
  • High School: Gatesville

Business Information

  • Current Use: Cattle,Grazing

Location/Region

  • Country: US
  • County Or Parish: Coryell
  • Postal City: GATESVILLE
  • Subdivision Name: J Thompson

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 341.0

General Information

  • Disclosures: Deed Restriction
  • Listing Terms: Cash,Conventional,1031 Exchange,Federal Land Bank
  • Parcel Number: 108785
  • Possible Use: Agricultural,Cattle,Grazing,Horses,Hunting,Livestock,Pasture,Ranch,Residential,Recreational,Single Family
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,Hardwood Trees,Pasture,Pond on Lot,Rolling Slope,Rock Outcropping,Wooded
    • Lot Size Acres: 176.789
    • Lot Size Area: 176.789
    • Lot Size Square Feet: 7700928.84
    • Lot Size Units: Acres
    • Road Surface Type: Asphalt
    • Vegetation: Grassed,Partially Wooded,Brush
    • Water Source: Well

    Waterfront/View

    • Waterfront Features: Creek
    • Waterfront: No

    Building Exterior/Construction

    • Architectural Style: Barndominium

    General Information

    • Fencing: Barbed Wire,Fenced,Partial
    • Horse Amenities: Barn
    • Other Structures: Barn(s)
    • Road Frontage Type: Farm to Market Road,All Weather Road
    • Utilities: Electricity Available,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    TBD-196.5 acres FM 116 Road Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    TBD-196.5 acres FM 116 Road Market Data

    Based on the last 30 days in this zip code

    $606,239
    Average List Price
    $298
    Average Price per Square Foot
    2
    Properties Sold
    151
    Average Days on Market
    25
    Properties for Sale
    Calculations provided by Reliance Network


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