← All homes

2455 FM 116

Gatesville, TX 76528

$774,000

Ranch · 86.37 ac

Acres86.37 acres
Price per acre$8,961 / acre
Barns4 barns
FencingBarbed Wire
Ag exemptionAgricultural
Road accessFM Road, State Road
TypeRanch

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per acre$8,961
Exemptions notedAgricultural

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

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.

The details

Lot featuresAcreage, Pasture, Tank/ Pond
FencingBarbed Wire, Cross Fenced, Perimeter
SewerNone per listing
ElectricElectricity Available

RestrictionsNo Known Restriction(s)
EasementsUtilities
Documents availableAerial Photo, Topo Maps, Other

Mineral rights aren't stated in this listing — verify with the title company before purchase.

CropsImproved Pasture, Native
Current useAgricultural, Cattle, Crops and Livestock, Grazing, Hunting/Fishing, Pasture
Possible useAgricultural, Cattle, Grazing, Horses, Hunting/Fishing, Mixed Use, Ranch, Recreational, Residential, Single Family
Soil typeClay
Horse amenitiesArena, Barn, Hay Barn, Holding Pens, Loaf Shed(s)

SubdivisionJ Thompson

ElementaryGatesville
Middle schoolGatesville
High schoolGatesville
DistrictGatesville ISD

MLS #21295515
Source
Price changeReduced by $46,515 · Aug 14, 2026
On the market67 days
CountyCoryell

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 28 mi
Nearest parkCranfills Gap City Park · 27 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of Kim Hill Real Estate Group — Kim Hill.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 2455 FM 116 Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21295515. Information last updated August 14, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Scroll to Top