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$1,927,000
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Property 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.
Full Property Details
Full Property Details for Tbd-176 Acres Fm 116 Rd
General
- Price: $1,927,000
- Status: Active
- Type: Lots/Land
- Source: Central_Texas_MLS
- MLS ID: 592485
- Updated: 2/13/2026
- Added to Site: 224 day(s) ago
Location
- County: Coryell
- Subdivision: J Thompson
- Driving 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.
School Information
- Elem School District: Gatesville ISD
- Midd School District: Gatesville ISD
- High School District: Gatesville ISD
- Elementary School: Gatesville
- Middle School: Gatesville
- High School: Gatesville
Utilities
- Electric Available: Yes
- Sewer: Septic Needed
- Water: Private, Well
- Well: Yes
- Utility Description: Electricity Available
Structural Information
- # Buildings: 1
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: Pond, Creek/Stream, Seasonal View
- Lot Size (Acres): 176.789
- Frontage: Highway, Asphalt
- Topography: Rolling
- Trees/Vegetation: Partially Wooded
- Zoning: none
- Fencing (Description): Barbed Wire, Partial, Ranch Fence
Water Features
- Water Front Name: Creek-Seasonal, Pond/Stock Tank
Financial Considerations
- Terms: Cash, Conventional, Other, See Remarks
Disclosures and Reports
- Documents Avail.: Aerial, Deed Restriction
- Legal Description: 1009 J THOMPSON, & 0323 B Eilers, ACRES 176.789
- Disclosures/Rstr.: Agricultural Exemption
- Property ID: 108785
Listed by Burks Real Estate
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Price & Sales History for Tbd-176 Acres Fm 116 Rd
Date
Details
Price
Change
Source
2/13/2026
Price Reduced
$1,927,000
-10.03%
MLS
9/11/2025
Listed
$2,141,850
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd-176 Acres Fm 116 Rd
Tbd-176 Acres Fm 116 Road, Gatesville, TX 76528 (MLS# 592485) is a Lots/Land property with a lot size of 176.789 acres. Tbd-176 Acres Fm 116 Road is currently listed for $1,927,000 and was received on September 11, 2025. Want to learn more about Tbd-176 Acres Fm 116 Road? Do you have questions about finding other Lots/Land real estate for sale in Gatesville? You can browse all Gatesville real estate or contact a Coldwell Banker agent to request more information.

