2455 FM 116, Gatesville, TX 76528
2455 FM 116, Gatesville, TX 76528
2455 FM 116, Gatesville, TX 76528
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$774,000
Est. payment /mo
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86.37 Acres Lot
Active

2455 FM 116 Gatesville, TX 76528

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Patrick Maxam

Patrick Maxam

+1(254) 200-0044

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision J Thompson

MLS Listing ID 21295515

HOA Y/N No

Lot Size 86.370 Acres

Acres 86.37

Property Sub-Type Ranch

Property 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

State TX

County Coryell

Zoning none

Direction From Gatesville, head West on Hwy 84 (Main St) and turn left onto FM 116 towards Killeen. Property will be on the left, watch for sign. GPS to entrance 31.3899, -97.8127.

Rooms

Other Rooms Barn(s)

Interior

Fireplace No

Exterior

Fence Barbed Wire, Cross Fenced, Perimeter

Utilities Available Electricity Available, Sewer Not Available

Waterfront Description Creek

Present Use Agricultural,Cattle,Grazing,Hunting,Livestock,Pasture

Street Surface Asphalt

Road Frontage Farm to Market Road, State Road

Private Pool No

Building

Lot Description Acreage, Pasture, Pond on Lot

Additional Building Barn(s)

Schools

Elementary Schools Gatesville

Middle Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Tax ID 108822

Acceptable Financing Cash, Conventional, Texas Vet, VA Loan

Listing Terms Cash, Conventional, Texas Vet, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21295515

North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors
©2026 North Texas Real Estate Information Systems.
Listed by  Kim Hill • Kim Hill Real Estate Group

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Patrick Maxam

Patrick Maxam

Broker/Owner License ID: 533260

+1(254) 200-0044

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2455 FM 116