Homes for sale - TBD-196.5 acres FM 116 Road, Gatesville, TX 76528 ...

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Marissa Fontanez

[email protected] +1(214) 789-9187

$2,141,850

Est. payment - /mo

196.5 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision J Thompson

MLS Listing ID 21057769

HOA Y/N None

Annual Tax Amount $341

Lot Size 196.500 Acres

Acres 196.5

Property Sub-Type Ranch

Property Description

196.5± Acre Ranch – Gatesville, TX
This 196.5-acre ranch, located just south of Gatesville off FM 116, offers an exceptional blend of productive pasture, wooded privacy, and natural beauty. With rolling terrain and an 80-foot elevation change, the property provides sweeping views of the surrounding countryside and multiple ideal homesites for your dream ranch retreat.
The land is approximately 60% open pasture, well-suited for cattle or horses, with the balance covered in a diverse mix of hardwoods—Oak, Pecan, Mesquite, and Cedar—providing excellent shade, wildlife habitat, and character. Cottonwood Creek meanders through the ranch, accented by 10–20 ft. limestone bluffs that add a dramatic backdrop and create a one-of-a-kind setting. Water is a true highlight: a windmill water well supplies reliable water, complemented by a smaller stock tank and a newly constructed tank over an acre in size, perfect for livestock, wildlife, or fishing.
Improvements include a 30' x 60' barn, functional cattle pens, and well-maintained fencing, making the property immediately usable for livestock operations. The open pastures provide strong grazing potential, while the wooded areas offer cover for wildlife, making this ranch equally attractive for both ranching and recreational pursuits.
The location combines seclusion with accessibility—just 2.3 miles from Coryell Health Hospital, within Gatesville ISD, and a short 30-minute drive to Waco, Temple, or Killeen. Whether you are seeking a working cattle ranch, a recreational getaway, or a scenic place to build a custom home, this property offers the versatility to fit your vision.
With its blend of improvements, water resources, dramatic creek frontage, and rolling views, this ranch represents a rare opportunity to own a showcase property in the heart of Central Texas.

Location

State TX

County Coryell

Zoning not zoned

Direction 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.

Interior

Heating None

Cooling None

Heat Source None

Exterior

Fence Barbed Wire, Net, Partial

Utilities Available All Weather Road, Asphalt, Co-op Electric, Electricity Available, Outside City Limits, Well

Waterfront Description Creek

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Brush, Cedar, Mesquite, Oak, Park View, Pasture, Rock Outcropping, Rolling Slope, Tank/ Pond

Schools

Elementary Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Restrictions Deed

Ownership CT Pits Ranches LLC

Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank

Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank

Special Listing Condition Aerial Photo, Deed Restrictions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21057769

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Calvin Burks • BURKS REAL ESTATE

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

TBD-196.5 acres FM 116 Road Gatesville, TX 76528