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Ranch Land with Live Water

7402 CR 137 Gatesville, TX 76528

7402 CR 137, Gatesville, TX, 76528

$6,200,000

For Sale

$6,200,000

LAND - Gatesville, TX

Lot Size620.00 Acres

AddedMar 2

Days on Market136

Last RefreshJul 16 at 1:06 pm

Property Features for 7402 CR 137

General Information

Property type: Land
Property subtype: Other
Vegetation: Wooded, Grassed, Brush
Fencing: Fenced, Perimeter
Fireplace: 1
Standard status: Active
APN: 101274
Lot size: 620.00 Acres

Taxes and HOA fees

Tax Description: 0067 B E BEE, ACRES 620
Tax Annual Amount: 2020

Utilities

Sewer type: Septic Tank
Heating system: Fireplace(s), Electric (Heating), Central
Cooling system: Central Air, Ceiling Fan(s), Electric
Water source: Well

Building Details

Year built: 2000

Listing agent Calvin Burks License #0268721

Listing office BURKS REAL ESTATE Evant, TX

Listing date Mar 2, 2026

MLS# 20552799 Listing URL

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.

Investment Insights

Based on property information with market context.

Offered for sale is a 620+-acre Central Texas ranch featuring rolling terrain with good tree cover and elevations ranging from about 1,020 to 1,100 feet. Natural water is a centerpiece, with Bee Creek running nearly 8,500 feet through the property and showcasing dramatic 20 to 40 ft limestone bluffs. Water features include two lakes—one approximately 10 acres and the other just under 5 acres—plus three additional stock tanks. The ranch also includes a 3-bedroom, 2-bath home with a fireplace, ceramic tile floors, an office-den, and a covered outdoor cooking patio, along with a 38' x 25' Quonset hut for storage or workshop space. Hunting infrastructure is in place with seven established food plots, each equipped with feeders and blinds intended to convey.

The property is part of a larger 1,200-acre game-fenced ranch, and a game fence will need to be installed along the western boundary. It is located about 30 minutes from Gatesville and Lampasas, approximately one hour from Temple, Waco, and Killeen, and roughly 1.5 hours from Austin, making it well positioned for weekend use or year-round living.

With live water, lakes, and established hunting amenities, this ranch is well suited for buyers seeking a combination of recreational hunting and practical ranching utility. The existing home and outbuilding support both immediate use and longer-term residence, while the creek-and-bluff landscape provides an attractive foundation for wildlife and livestock opportunities.

Key Highlights

Approximately 620 acres in a larger 1,200‑acre game‑fenced ranch offering live water and diverse terrain
Home features 3 bedrooms, 2 bathrooms, fireplace, ceramic tile floors, office‑den, and a covered outdoor cooking patio
Water features include two lakes (~10 acres and just under 5 acres) plus three additional stock tanks and Bee Creek running nearly 8,500 ft

Property Analytics

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For sale
Ranches
TX
Gatesville
76528
7402 CR 137

What type of property is this?

Ranch - 620-acre Central Texas ranch with a home, lakes, stock tanks, and Bee Creek running through limestone-bluff terrain.

Where is this ranch located?

The property is located at 7402 CR 137 Gatesville, TX.

What is the asking price?

The asking price for this property is $6,200,000.

What are key features of this property?

This property features: Approximately 620 acres in a larger 1,200‑acre game‑fenced ranch offering live water and diverse terrain; Home features 3 bedrooms, 2 bathrooms, fireplace, ceramic tile floors, office‑den, and a covered outdoor cooking patio; Water features include two lakes (~10 acres and just under 5 acres) plus three additional stock tanks and Bee Creek running nearly 8,500 ft

7402 CR 137 Gatesville, TX 76528

LAND - Gatesville, TX

Property Features for 7402 CR 137

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Former Gas Station and Residence Site

Self-Service Car Wash with Vacuums

Versatile Commercial Property in Gatesville

Multi-Building Commercial Hospitality Property

Specialty Commercial Property

Equestrian Ranch with Creek Frontage

Fully Occupied Quadplex Income Property

Multi-Tenant Office Building

Self-Service Car Wash Facility

Retail Center with QSR Outparcel Potential

Texas Ranch with Luxury Home

2 Acres with 5000 SF Building

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