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Tbd Fm 116Gatesville, TX 76528Price: $820,515

  • Price: $820,515
  • Est. Mortgage of $/month
  • 39 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $820,515List Price
  • 86.37Acreage
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Discover the perfect blend of productive ranchland, equestrian functionality, and natural beauty on this exceptional 86.37± acre property along FM 116 in Gatesville, Texas. Ideally suited for horse enthusiasts, cattle operators, and buyers seeking a versatile recreational ranch, this property offers a rare combination of income-producing acreage, reliable water features, and established agricultural infrastructure. The land is highly productive, with quality soils that consistently produce approximately 200-250 bales of hay annually while also supporting cattle grazing. Cross-fenced pastures provide efficient livestock management, and the property is currently leased for grazing, creating immediate income potential for investors or owner-operators. A standout feature is the property's frontage along Cottonwood Creek, a scenic corridor that typically maintains water flow except during the most severe drought conditions. Towering native vegetation, a grove of wild plum trees, and abundant wildlife, including whitetail deer, turkey, and dove create an attractive setting for recreation, hunting, and nature enjoyment. Two stock ponds further enhance the ranch's agricultural utility and wildlife habitat. Horse owners will appreciate the existing ranch infrastructure, including a sand-based roping arena, multiple barns and outbuildings, working pens, corrals, and a squeeze chute. Water and electricity are already extended to the barn areas, providing a strong foundation for equestrian, livestock, or agricultural operations. A small cabin offers additional flexibility as a guest quarters, ranch office, or weekend retreat. Buyers should note that utility services currently originate from an adjacent residence not included in the sale and will need to be independently connected by the future owner. Conveniently located with FM 116 frontage, this Central TX ranch offers productive hay ground, cattle grazing, horse amenities, recreational appeal, and creek frontage.
Listing Courtesy of Kim Hill of Kim Hill Real Estate Group

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Based on information submitted to North Texas Real Estate Information Services as of July 16, 2026 10:09 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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By clicking ‘Submit,’ you consent to receive marketing and informational communications from Briggs Freeman Sotheby’s International Realty and its affiliates, Momentous Title and Select Lending Services at the phone number and email address you provided. These communications may include text messages, phone calls (including those made using automated dialing systems or prerecorded messages), and emails related to Real Estate. Consent is not a condition of any purchase. Standard message and data rates may apply. You may opt out of receiving communications at any time by replying ‘STOP’ to text messages, clicking ‘Unsubscribe’ in emails, or contacting Briggs Freeman Sotheby’s International Realty at 214-350-0400 or donotcall@briggsfreeman.com For more information about how your data is used and stored, please refer to our privacy policy., and SMS Terms and Conditions on our website. I agree to the above terms and consent to receive communications as described.

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