TBD Fm 116
Gatesville, TX 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 f
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
NoneLaundry Features: None -
Heating & Cooling
Water front: 1
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Exterior Features
Exterior Features: Other, SeeRemarks
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Lot Information
Lot Size Acres: 86.37Property Information
Subdivision: J Thompson Source Property Type: Farm Property SubType: Acreage
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Listing Price Information
Listing Price: $820515Cash, Conventional, TexasVet, VaLoan
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Tax Information
Parcel Number: 108822 Tax Legal Desc: 1009 J THOMPSON, ACRES 86.37
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School Information
Elementary School: Gatesville Junior High School: Gatesville Senior High School: Gatesville -
Utility Information
ElectricityAvailable -
Location Information
Direction: 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. WaterSource: Other, SeeRemarks
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 Cr 139, Gatesville, TX, 76528 | $1,716,000 | -- | -- | -- | 312 Acres(Lot) |
| TBD-1 Cr 139, Gatesville, TX, 76528 | $1,200,000 | -- | -- | -- | 182.82 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)-- |
| SUNSET RANCH TRACT 10 C.., Gatesville, TX, 76528 | $202,000 | -- | -- | -- | Acres (Lot)-- |
| SUNSET RANCH TRACT 9 Co.., Gatesville, TX, 76528 | $202,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 06/10/2026 @ 18:27
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