About This Home

This land at 2455 FM 116 in Gatesville, TX is listed for $774,000 (86.37 acres).

Key Features

  • 86.37 acre lot
  • Waterfront

Amenities

Waterfront
Listing 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.

Location

2455 FM 116

Gatesville, TX 76528

J Thompson

Questions & Answers

This 0-bedroom, 0-bathroom land at 2455 FM 116 is listed at $774,000. The estimated monthly payment is $4,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 86.37 acre lot, Waterfront.

This property is listed by Kim Hill and can be reached at (254) 277-1820.

KH

Kim Hill

Agent at Kim Hill Real Estate Group

(254) 277-1820

Listed by Kim Hill Real Estate Group · Broker phone: (254) 277-1820 · View on Broker Site

MLS# 21295515· Source: North Texas Real Estate Information Systems, Inc.· 25 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2455 FM 116, Gatesville, TX 76528

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