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    FOR SALE
    Commercial real estate

    200 King Ranch Rd Gatesville, TX 76528

    8,289 SF 21.07 ac lot
    Property ID
    US82-9181258
    200 King Ranch Rd, Gatesville, TX 76528 For Sale 1 / 48
    $2,900,000 8,289 SF
    200 King Ranch Rd, Gatesville, TX 76528
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    AI-generated overview

    Own a remarkable 21.07-acre Texas ranch in Gatesville (Coryell County, zip code 76528) for $5,000,000. This exceptional property, known as L and J Ranch, features 16 buildings, totaling 8,289 square feet, all situated on a single story. Renovated in 2022, the ranch boasts a unique blend of serene landscapes and endless possibilities. The property includes a private pond with a dock, perfect for fishing or relaxation. Recreational opportunities abound with an 18-hole disc golf course designed by John Houck. The existing buildings offer potential for various uses, including a bed-and-breakfast, RV/cabin campground, or an all-inclusive event center. The property's lush greenery provides ample space for expansion or further development. This turnkey operation presents a rare opportunity to acquire a fully functional and beautifully maintained ranch in a desirable Texas location. The property is located at 200 King Ranch Rd, Gatesville, TX. Ownership is currently held by Landy Thomas Jr. and Joyce Thomas. This is a for sale by owner listing.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 8,289 SF
    Lot 21.07 ac (917,809 SF)
    UPID US82-9181258
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    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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