See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

122 Homestead Dr, Gatesville, TX, 76528

2beds
1baths
1,357sqft
$274,000
$202price/sqft
$1,941/moest. monthly cost
$77,640/yrincome needed

About This Home

Charming 2-bedroom, 1-bath farm-style home situated on 4.74 acres, just 6 miles from Gatesville and approximately 45 minutes from Waco. This inviting property offers an open-concept layout with beautiful pine ceilings throughout, creating a warm and cozy country feel. The spacious living area provides plenty of room to gather and could easily be converted into a third bedroom, if desired. The home also features a large laundry and storage room at the back, plus a recently added deck that extends the living space outdoors—perfect for relaxing or entertaining. The acreage is thoughtfully set up for livestock, hobby farming, or simply enjoying the country lifestyle. A fenced pasture near the front of the property includes a barn for shade and shelter, while an additional fenced area behind the home secures the back portion of the land for added flexibility. A separate storage shed adds extra utility. The recently upgraded and redone dirt road provides improved access to the property, adding both convenience and ease of entry. Seller is offering buyer concessions, adding additional value and flexibility for potential buyers. This property blends comfort, charm, and practical features, offering peaceful country living while remaining close to town conveniences.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

7/10
6/10
6/10
Gatesville High SchoolGrades 9-123.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2007

Materials

  • Foundation: Combination
  • Roof: Metal
  • Construction materials: Masonry

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator
  • Laundry features: Laundry Room

Bedroom

  • Level: Main
  • Dimensions: 286

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,Ceiling Fan(s),Open Floorplan,Kitchen/Dining Combo
  • Flooring: Laminate
  • Fireplace features: Other,See Remarks
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Other,See Remarks
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 1,357 sqft

Property

Details

  • Parcel number: 111455

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Partial Cross
  • Has view: Yes
  • View description: None
  • Waterbody name: None

Lot

  • Lot size: 4.74 Acres

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
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Hail
Winter Weather
Heat Wave
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm

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

MonthlyAnnual
Mortgage $1,385$16,620
Home Insurance *$260$3,120
Property Taxes $58$696
Electricity $238$2,859
Total$1,941$23,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,548/yr
40% on housing$58,230/yr
45% on housing$51,760/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 76528$270
Coryell County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 76528$147
Coryell County$144

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)

Price History

DateEventPrice
2026-04-20Price change$289,000
2026-04-06Price change$296,900
2026-04-01Price change$298,900
2026-03-12Listed for sale$299,900
2026-03-11Listing removed$328,500
2026-02-02Price change$328,500
2026-01-07Price change$329,500
2025-11-04Price change$330,000
2025-10-14Price change$334,500
2025-09-10Listed for sale$335,000

For Sale by Agent

AgentSara Brown
BrokerageDixon Realty Team|KW

Similar Homes