




11231 Fm 116, Gatesville, TX, 76528
About This Home
This is a beautiful homestead compound! Three homes for the price of one on 8.817 acres The main home is a beautiful field stone , 4/5 bedrooms, two living areas, a formal dining area, a breakfast nook, and an office/playroom. The whole home has been remodeled. New paint, new flooring, new roof, two new central AC units. Large metal grand entry way with electric gate. The electricity is supplied by a CO-OP, and the water is multi-county. Second home is a 2023 Cavco 1 bed 1 bath with a separate entrance to the property with a grand metal gate. This home is upgraded and has a beautiful front porch overlooking the creek. This home rents out for $800 a month and never stays empty. This home has a septic system built for a 4-bedroom home, so this area could always be upgraded. The third home is a tiny home that needs to be finished. It is plumbed for water, has a septic, and has the electric completed in it. The toilet and other things to finish the home are there, just not put together yet. There is a large, two-stall, 1300 sq ft metal shop with electric and water on a concrete slab. Next to the shop are hookups for a travel trailer with electric and water. Brand new chicken coop built in 2026, which has water at it. Cedar barn is 700sqft and has water at it. There are two irrigation wells on the property. There is an established orchard with pear, peach, apple, plum, and fig trees. Established deer feeding areas with deer blinds. Four-stall pole barn with electricity. A beautiful rock-bottom creek runs across the front of the property. There is abundant wildlife throughout the property, including ATV trails. The view from the top of the mountain is stunning and allows miles of scenery of the valley. Great place to go and be able to see the fireworks from all the surrounding cities.
Getting Around
Schools
Construction
Condition
- Year built: 1986
Materials
- Roof: Asphalt
Type & Style
- Home type: Unknown
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Tile,Laminate
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced air,Other,Propane / Butane,Wood / Pellet
- Cooling features: Central,Other
Interior Area
- Total interior livable area: 2,715 sqft
Property
Details
- Parcel number: 064485000
Features
- Exterior features: Stone
- Has view: Yes
- View description: Mountain
- On waterfront: Yes
Lot
- Lot size: 8.80 Acres
Parking
- Total spaces: 4
- Parking features: Carport,Garage - Attached,Garage - Detached
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Hail
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,590 | $43,080 |
| Home Insurance * | $675 | $8,100 |
| Property Taxes | $501 | $6,012 |
| Electricity | $298 | $3,577 |
| Total | $5,064 | $60,768 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-14 | Listed for sale | $710,000 |
| 2026-02-09 | Listing removed | -- |
| 2025-10-31 | Listed for sale | $720,000 |
| 2024-08-19 | Listing removed | -- |
| 2024-05-21 | Listed for sale | $710,000 |
| 2010-06-27 | Listing removed | $189,900 |
| 2010-03-19 | Listed for sale | $189,900 |
