2455 FM 116
Gatesville, TX 76528
$774,000
Ranch · 86.37 ac
What it costs to own
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
Mineral rights aren't stated in this listing — verify with the title company before purchase.

Around this home
One moment…
Everyday life
Your places stay on this device. We never sell or share them. Read the full privacy policy
Listing courtesy of Kim Hill Real Estate Group — Kim Hill.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
What a listing cannot tell you: the street, the timing, the leverage. That is our work.
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.
Ink Realty Group
Want us to watch this for you?
Price drops, status changes, new matches — straight to your inbox. One email address is all it takes. No password, ever.
