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Ranch with Lakes and Residence
For Sale
$6,200,000

7402 CR 137, Gatesville, TX 76528

Ranch property with a residence, workshop, multiple water features, and established hunting improvements.

Property Size1,320 SF
Price / SF$4,696
Days on Market54

Property Features for 7402 CR 137

General Information

Standard status Active
Size 1,320 SF
Property subtype Farm
Listing Agency: Burks Real Estate
Listed By: Calvin Burks · License #0268721
Source: Cornerstone-properties
Added: Jul 8 Changed: Aug 30 Last Checked: Aug 25 at 9:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burks Real Estate

Investment Insights

Based on property information with market context.

Approximately 620 acres are offered within a larger 1,200-acre game-fenced ranch. The property includes a three-bedroom, two-bath home built in 2000, with a fireplace, ceramic tile flooring, an office-den, and a covered outdoor cooking patio. A 38’ x 25’ Quonset hut adds storage or workshop capacity.

Water resources include two lakes measuring approximately 10 acres and just under 5 acres, three additional stock tanks, and nearly 8,500 feet of Bee Creek. The creek corridor includes 20–40 ft limestone bluffs, while the land combines rolling terrain, tree cover, and elevations from 1,020 ft to 1,100 ft above sea level.

Seven food plots are established across the ranch, with feeders and blinds conveying with the property. Whitetail deer and turkey are present. The property is approximately 30 minutes from Gatesville and Lampasas, about an hour from Temple, Waco, and Killeen, and 1.5 hours from Austin. A game fence remains to be installed along the western boundary.

Key Highlights

  • Approximately 620 acres offered within a larger 1,200‑acre game‑fenced ranch
  • Two lakes: approximately 10 acres and just under 5 acres, plus three stock tanks
  • Nearly 8,500 feet of Bee Creek with 20–40 ft limestone bluffs

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

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
Rey
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Frequently Asked Questions

What type of property is this?
Ranch - Ranch property with a residence, workshop, multiple water features, and established hunting improvements.
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 offered within a larger 1,200‑acre game‑fenced ranch; Two lakes: approximately 10 acres and just under 5 acres, plus three stock tanks; Nearly 8,500 feet of Bee Creek with 20–40 ft limestone bluffs
More about this property
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