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$186,000

TBD CR 245, Gatesville, TX, 76528

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to this stunning 12-acre property on CR 245, a perfect blend of natural beauty and prime location. With its 50-50 mix of lush mature trees and open land, this property offers a versatile backdrop for your custom-built home, blending privacy with panoramic views. Rising to 1000 feet in elevation, the land provides breathtaking views that enhance the serene, natural setting. Enjoy scenic landscapes and the peaceful quiet of the countryside, ideal for a tranquil lifestyle surrounded by nature. This property comes with a wildlife exemption, ensuring low property taxes while enjoying rural living. Nature lovers will appreciate the presence of white-tail deer and turkey, adding to the rural charm. Located off a paved county road, access is easy and convenient. Just 12 minutes from downtown Gatesville, with local amenities and community events. Under an hour from Waco, Temple, and Killeen, and a few hours from Austin, DFW, and Houston.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gatesville

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