




122 Homestead Dr, Gatesville, TX, 76528
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
Schools
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
- Tornado
- Cold Wave
- Hail
- Winter Weather
- Heat Wave
- Inland Flooding
- Strong Wind
- 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 | $1,385 | $16,620 |
| Home Insurance * | $260 | $3,120 |
| Property Taxes | $58 | $696 |
| Electricity | $238 | $2,859 |
| Total | $1,941 | $23,292 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Price change | $289,000 |
| 2026-04-06 | Price change | $296,900 |
| 2026-04-01 | Price change | $298,900 |
| 2026-03-12 | Listed for sale | $299,900 |
| 2026-03-11 | Listing removed | $328,500 |
| 2026-02-02 | Price change | $328,500 |
| 2026-01-07 | Price change | $329,500 |
| 2025-11-04 | Price change | $330,000 |
| 2025-10-14 | Price change | $334,500 |
| 2025-09-10 | Listed for sale | $335,000 |
