TBD Fm 116
Gatesville, Texas 76528
86.37Acres(Lot)
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 fron
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
Asphalt,Electricity Available,Sewer Not Available
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Fencing
Barbed Wire,Cross Fenced,Perimeter
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Lot Information
Lot Size (Acr): 86.3700 Lot Size Units: Acres Lot Size Square Feet: 3,762,277 Lot Features: Acreage,Pasture,Tank/ Pond -
Property Information
Property Type: Land Property Sub Type: Ranch Subdivision: J Thompson City: Gatesville State: Texas Directions: From Gatesville, head West on Hwy 84 (Main St) and turn left onto FM 116 towards Killeen. Property will be on the left, watch for sign. GPS to entrance 31.3899, -97.8127. Property Status: Active Exclusions: Gray Storage Building - will be moved.
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Listing Price Information
Original List Price: $820,515 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 108822 Tax Legal Description: 1009 J THOMPSON, ACRES 86.37
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Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Gatesville High School: Gatesville Junior High School: Gatesville Intermediate School: Gatesville School District: Gatesville ISD -
Utility Information
Utilities: Asphalt,Electricity Available,Sewer Not Available
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD-2 Cr 139, Gatesville, TX, 76528 | $850,000 | -- | 2 | 256 | 129.42 Acres(Lot) |
| TBD-1 Cr 139, Gatesville, TX, 76528 | $1,200,000 | -- | -- | -- | 182.82 Acres(Lot) |
| TBD Cr 139, Gatesville, TX, 76528 | $1,716,000 | -- | -- | -- | 312 Acres(Lot) |
| TBD5 Owl Creek Park Rd, Gatesville, TX, 76528 | $194,900 | -- | -- | -- | Acres (Lot)-- |
| TBD4 Owl Creek Park Rd, Gatesville, TX, 76528 | $184,900 | -- | -- | -- | Acres (Lot)-- |
| TBD3 Owl Creek Park Rd, Gatesville, TX, 76528 | $184,900 | -- | -- | -- | Acres (Lot)-- |
| TBD2 Owl Creek Park Rd, Gatesville, TX, 76528 | $164,900 | -- | -- | -- | Acres (Lot)-- |
| TBD1 Owl Creek Park Rd, Gatesville, TX, 76528 | $215,000 | -- | -- | -- | Acres (Lot)-- |
| 6960 Owl Creek Park Road, Gatesville, TX, 76528 | $105,000 | -- | -- | -- | Acres (Lot)-- |
| SUNSET RANCH TRACT 9 Co.., Gatesville, TX, 76528 | $202,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 06/22/2026 @ 02:18
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