Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Texas Ranch with River Frontage Title is generated by Realmo AI

    CR 299, Gatesville, TX 76528

    View on Map
    Claim this Listing
    For Sale
    $1,199,000

    LAND - Gatesville, TX

    Lot size:
    110.00 Acres
    Added:
    Apr 12, 2026
    Days on Market:
    33
    Last Refresh:
    May 14 at 8:06 pm

    Property Features for CR 299

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    100326
    Lot size
    110.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    0008 A Arocha, acres 229.33

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Alisa Gregory

    Listing agent Alisa Gregory License #0477922

    Listing office Gold Key Real Estate Group 2416 S Bus. Hwy 36, TX

    Listing date Apr 12, 2026

    MLS# 610498 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 2,600 feet of scenic Leon River frontage.
    • 110+\/- acre ranch offering agricultural and recreational opportunities.
    • Conveniently located just 6 miles from downtown Gatesville.
    • Abundant wildlife for hunting: deer, dove, turkey, hogs, and ducks.
    • Water resources: co‑op water service, two tanks, and river access.
    • Approximately 10 acres of improved pasture suitable for livestock.

    Overview

    This 110+/- acre ranch is located 6 miles from downtown Gatesville and features approximately 2,600 feet of Leon River frontage. The property combines agricultural potential with recreational appeal. Water resources include co-op water service, two tanks, and direct river access. Approximately 10 acres consist of improved pasture, making the property suitable for livestock operations. The ranch's terrain and cover support year-round recreation and hunting, with abundant wildlife including deer, dove, turkey, hogs, and ducks. Fishing opportunities are available in the tanks and along the river. Additional property across the county road is available for sale by the owner.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Gatesville
    County
    Coryell
    State
    Texas
    Longitude
    -97.747917
    Latitude
    31.399152

    Nearby Similar for Sale

    • $437,500
      2,608 SF

      Income-Producing Property on 2.77 Acres

      Income-producing property with expansion potential near Gatesville, Texas.
      6430 E US Highway 84, Gatesville, TX 76528
      View Details
    • $310,000
      3,217 SF

      Gatesville Commercial Opportunity

      Commercial property with five buildings suitable for various business ventures.
      102 E Main Street, Gatesville, TX 76528
      View Details
    • $825,000
      1,182 SF

      Texas Ranch with Cabin and Shop

      96-acre Central Texas ranch with cabin, shop, and stock tanks.
      2998 Straws Mill Road, Gatesville, TX 76528
      View Details
    • $900,000

      Coryell County Ranch Land

      148 acres of prime Texas land near Gatesville and Waco.
      515 County Road 262, Gatesville, TX 76528
      View Details
    • $118,900
      3,544 SF

      Gatesville Commercial Property on Main

      3,544 SF commercial property on Main Street in Gatesville, TX.
      212 E Main Street, Gatesville, TX 76528
      View Details
    • $1,150,000
      4,321 SF

      Texas Retreat on 57 Acres

      Private 57-acre Texas retreat with a 4,321 sq ft home.
      400 Indian Hills Road, Gatesville, TX 76528
      View Details
    • $450,000
      512 SF

      29 Acres with Stocked Pond

      Central Texas escape with cabin, pond, and usable acreage.
      601 County Road 60, Gatesville, TX 76528
      View Details
    • $865,000

      Custom Home on Ag-Exempt Acres

      Private home on 11 acres with Hill Country views.
      705 Indian Hills Road, Gatesville, TX 76528
      View Details
    • $2,900,000
      8,200 SF

      Gatesville Ranch with Disc Golf

      21-acre ranch featuring cabins, pond, and disc golf.
      200 King Ranch Road, Gatesville, TX 76528
      View Details
    • $1,072,980

      79.48 Acres Ready to Build

      79.48 acres in Gatesville, TX, ideal for building or recreation.
      1641 County Road 274, Gatesville, TX 76528
      View Details
    • $1,999,995
      3,725 SF

      Texas Ranch with Custom Home

      203-acre ranch featuring a custom home and abundant wildlife.
      1140 County Road 130, Gatesville, TX 76528
      View Details
    • $3,950,000

      Luxury Ranch Estate with Barndominium

      55-acre estate with a 10,000 SF barndominium lodge near Gatesville.
      410 County Road 174, Gatesville, TX 76528
      View Details

    FAQs

    What type of property is this?
    Ranch - 110-acre ranch with Leon River frontage near Gatesville, TX.
    Where is this ranch located?
    The property is located at CR 299 Gatesville, TX.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: Approximately 2,600 feet of scenic Leon River frontage.; 110+\/- acre ranch offering agricultural and recreational opportunities.; Conveniently located just 6 miles from downtown Gatesville.
    (254) 535-0663
    We can help!
    Listing Contact
    Alisa Gregory
    Real Estate License ID: 0477922
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    CR 299, Gatesville, TX 76528
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!