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TBD-176 Acres FM 116 Road, Gatesville, TX 76528

J Thompson · Coryell County

Key Facts

176.79Lot (acres)

Description

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 Type

Land

Lot Size

176.79 acres

Days on Market

155

MLS® Listing#

592485

Property Features

Fencing

Barbed WirePartial

Community

None

Utilities

Electricity Available

Sewer

Septic Needed

Water Source

PrivateWell

Schools

Elementary:
Gatesville
Middle:
Gatesville
High:
Gatesville

Financial Details

HOA

None

Annual Taxes

$341

Tax year 2025

Parcel Number

108785

Directions

Starting at the intersection of Highway 84 and FM 116, proceed south on FM 116 for 1.8 miles. The property will be located on your left.

Affordability Calculator

$385,400

Estimated monthly payment

$10,256/mo

Principal $1,541,600 · Est. interest $2,150,669 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Gatesville, TX

$342,857
Median Listing Price
99
Median Days on Market
1,775
Median Sq Ft
$180
Median Price / Sq Ft
96
Active Listings
  • This home’s price is 462% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Gatesville, TX.

Location

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Points of Interest in Gatesville, TX

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
TBD County Road 139, Gatesville, TX$1,375,200
TBD County Road 139, Gatesville, TX$1,716,000
TBD CR 139, Gatesville, TX$1,716,000
TBD Cr 139, Gatesville, TX$1,716,000
911 Old Pidcoke, Gatesville, TX$1,788,293
TBD Old Pidcoke Rd, Gatesville, TX$1,788,293

Moving Cost Estimate

EXIT Agents in Gatesville

Listing Courtesy: Burks Real Estate - 254-471-5738

Information is provided exclusively for consumers personal, non - commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026, Central Texas Board of REALTORS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by TempleBeltonBoardOfRealtors. MLS® Listing#592485. © 2026EXIT Realty®. All rights reserved.