Ranch Land with
For Sale
$2,141,850
TBD-196.5 acres FM 116 Road, Gatesville, TX 76528
Land, Gatesville, TX
Property SizeContact for details
Lot Size176.79 Acres
Days on Market81
Property Features for TBD-196.5 acres FM 116 Road
General Information
Property type
Land
Property subtype
Other
Zoning description
not zoned
Vegetation
Wooded, Grassed, Brush
Fencing
Fenced
Subdivision
J Thompson
Lot features
Acreage, Hardwood Trees, Pasture, Pond On Lot, Rolling Slope, Rock Outcropping, Wooded
View
Park
Elementary school
Gatesville
High school
Gatesville
Elementary school district
Gatesville ISD
Middle school district
Gatesville ISD
High school district
Gatesville ISD
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.
Standard status
Active
APN
108785
Lot size
176.79 Acres
Taxes and HOA fees
Tax Description
1009 J THOMPSON, & 0323 B Eilers ACRES 176.89
Tax Annual Amount
341
Legal Description
1009 J THOMPSON, & 0323 B Eilers ACRES 176.89
Utilities
Water source
Well
Water front features
Creek
Building Details
Architectural style
Other
Additional Structures
Barn(s)
Listing Agency:
BURKS REAL ESTATE
(254) 471-5738
Listed By:
Calvin Burks · License #0268721
(254) 865-3601
Added: Jun 11
Changed: Aug 22
Last Checked: Aug 30 at 7:06PM
MLS# 21057769
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.
This ranch property combines open grazing areas with wooded sections containing oak, pecan, mesquite, and cedar. Cottonwood Creek crosses the land, with limestone bluffs reaching 10–20 feet along portions of the creek. Improvements include a 30' x 60' barn, cattle pens, fencing, a windmill water well, a smaller stock tank, and a recently built tank exceeding one acre. Rolling terrain includes an 80-foot elevation change and views across the surrounding countryside, with several potential homesites identified in the property information.
The ranch is situated south of Gatesville near FM 116, 2.3 miles from Coryell Health Hospital, and within Gatesville ISD. Waco, Temple, and Killeen are each approximately a 30-minute drive away. The combination of pasture, timber, creek frontage, water features, and existing livestock infrastructure supports agricultural, recreational, and residential possibilities described for the property.
The ranch is situated south of Gatesville near FM 116, 2.3 miles from Coryell Health Hospital, and within Gatesville ISD. Waco, Temple, and Killeen are each approximately a 30-minute drive away. The combination of pasture, timber, creek frontage, water features, and existing livestock infrastructure supports agricultural, recreational, and residential possibilities described for the property.
Key Highlights
- Cottonwood Creek frontage with 10–20 ft. limestone bluffs
- Approximately 60% open pasture with oak, pecan, mesquite, and cedar cover
- 30' x 60' barn, cattle pens, and well‑maintained fencing
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 76528, TX
18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Ranch - Fenced ranch property with pasture, wooded cover, livestock improvements, and multiple water resources.
Where is this ranch located?
The property is located at TBD-196.5 acres FM 116 Road Gatesville, TX.
What is the asking price?
The asking price for this property is $2,141,850.
What are key features of this property?
This property features: Cottonwood Creek frontage with 10–20 ft. limestone bluffs; Approximately 60% open pasture with oak, pecan, mesquite, and cedar cover; 30' x 60' barn, cattle pens, and well‑maintained fencing
