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Keenan Group#1 Austin Board of Realtors Team 2024

250 Fm 116

Gatesville, TX, 76528

Satellite view of 250 Fm 116
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$450,000

0Beds
2.00 acresLot

250 Fm 116, Gatesville, TX 76528

Reduced 10%$499,000
Gatesville·MLS# 1673591·Built 1984·151 days on market

— bed, — bath on 2.00 acres in Gatesville. Gatesville, TX 76528. $450,000.

About This Home

2 ACRES WITH 5000 SQ FT BUILDING

Property Type
Commercial Sale
Year Built
1984
Lot Size
2.00 acres

Listing information last updated September 28, 2026.

Listed by O'Barr Rost REALTORS

MLS# 1673591 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 2.00-acre lot
2 ACRES WITH 5000 SQ FT BUILDING

Facts & Features

Exterior & Lot

Construction

  • Frame
  • Cement Siding
  • Metal Siding
  • Stone
Lot Size
2.00 Acres
Financial
Original List Price
$499,000

Transaction History

1 record on file

Every recorded listing, sale, and lease at 250 Fm 116, whoever represented it.

  1. ActiveListed 2026
    Current price: $450,000Original list: $450,000MLS 1673591
    1. Listed · May 18, 2026$450,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$450,000
Original list
$499,000
Price movement
$49K reduction
Listed / DOM
May 18, 2026 · 151 days
Map showing 250 Fm 116
250 Fm 116
Directions
Principal & interest
$2,493

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($90K)

Adjustable assumption - not a lending recommendation.

$450,000

Loan: $360K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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List price

$450,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

151 days

Original to current

$49K reduction

$499K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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76528 ZIP Guide

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Frequently Asked Questions

What are the property details for 250 Fm 116?

250 Fm 116 is a Commercial Sale built in 1984 featuring 0 bedrooms, 2.00-acre lot.

What are the property taxes for 250 Fm 116?

The most recent annual property tax for 250 Fm 116 is $1,768. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 250 Fm 116?

This page does not assume a mortgage rate or publish a monthly payment for 250 Fm 116. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 250 Fm 116 compare with other homes in Gatesville?

As of Oct 15, 2026, 250 Fm 116 is offered at $450,000. The current MLS snapshot shows 4 active listings in 76528.

When was 250 Fm 116 built?

250 Fm 116 was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Gatesville

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 10/15/2026, 8:22:06 AM

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