LKV Realty
Logo
$2,141,850
$6,800Reward *
TBD-196.5 acres FM 116 Road, Gatesville, TX 76528Listing ID 21057769

TBD-196.5 acres FM 116 Road, Gatesville, TX 76528

Active
J Thompson
Time on site: 341 daysLast updated: Feb 13, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Ranch
Acres
Acres
176.79
Days on Site
Days on Site
341
Cooling
Cooling
None
Heating
Heating
None

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.

Property Information

Property Details

Location

Address
TBD-196.5 acres FM 116 Road
County
Coryell
City
Gatesville
Zip Code
76528
Subdivision
J Thompson
School District
Gatesville ISD
High School
Gatesville
Elementary School
Gatesville

Interior Features

Heating and Cooling

Cooling
None
Heating
None

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$341
Calvin BurksBURKS REAL ESTATE, (254) 471-5738

Market Report for 76528

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

0268721 • 0815257