Gatesville Homes under $500,000

3 Beds ⋅ 2 Baths ⋅ 21402094 MLS

PRIME INVESTOR OPPORTUNITY IN GATESVILLE! Positioned on a spacious lot in an established Gatesville neighborhood, this ~1,835 sq. ft. single-family home offers significant upside potential for investors. Featuring 2 bathrooms and a generous, highly functional layout, this property is primed for a light cosmetic rehab to maximize cash flow or execute a profitable buy-and-hold strategy. Strong local rental demand makes this an exceptional addition to any long-term portfolio or fix-and-flip venture. Conveniently located near local schools, downtown amenities, and Highway 36, offering quick commuting access across Central Texas. Properties with this square footage and structural baseline at this price point are hard to find—bring your tools and turn this solid asset into immediate equity! Sold AS-IS.

202 N 29th St, Gatesville

$349,000

2 Beds ⋅ 2 Baths ⋅ 626422 MLS

Welcome to the cozy country cottage! This darling home has been well maintained and totally updated. Beautiful hardwood floors, new windows, a new roof and new gutters. Look at the beautiful kitchen. New cabinets with a huge pantry, plenty of cabinets, gas cooktop, large oven and microwave. Lots of room to cook and open to the living area so you can visit with friends and family. The kitchen has a charming window over the sink so you can enjoy the view of the spacious backyard. There are two storage units and a workshop with electricity. Two roomy bedrooms and two large bathrooms done with tile and granite. Enjoy the beauty and peacefulness of the country with close proximity to Waco, Gatesville and Temple.

11121 E US Highway 84, Gatesville

$182,000

3 Beds ⋅ 2 Baths ⋅ 21395535 MLS

Discover your slice of tranquility with this 3-bedroom, 2-bath residence nestled on over an acre of picturesque land. Step inside to find an inviting open layout with a spacious living with a wood burning fireplace. It flows seamlessly into an spacious kitchen with ample counter space and island, featuring updated countertops. The appliances in this home are a dishwasher, stove, refrigerator, The primary suite provides a peaceful escape, complete with an ensuite bath featuring dual sinks and a large walk in closet. Two additional bedrooms offer plenty of space for guests or a home office. Outside, nature lovers and entertainers will love the expansive land adorned with mature trees, offering both shade and privacy. A two-car carport provides convenient, covered parking. Other features of this home is a small shed to hold all the gardening tools, and an updated 2025 septic. Ideal for those seeking a balanced lifestyle, this residence is just moments away from local amenities while maintaining a peaceful, country ambiance.

1630 Old Osage Rd, Gatesville

$350,000

2 Beds ⋅ 2 Baths ⋅ 626010 MLS

COUNTRY LIVING WITH ROOM TO DREAM! Welcome to this unique 8-acre property just outside the Gatesville city limits, offering peaceful country living, plenty of space, and endless possibilities! The 2-bedroom, 2-bath home features a huge den that is sure to become a favorite gathering place, complete with a gorgeous wood ceiling and a cozy corner wood-burning fireplace. The spacious kitchen offers an abundance of cabinets and room to create the kitchen you’ve always envisioned. The pier-and-beam foundation has recently been professionally leveled, with the wood replaced for added stability, giving you a solid foundation to begin making this home your own. The seller is offering the property AS IS, allowing the new owner to bring their own creativity, vision, and budget to transform this home into a special place to call their own. Step outside and discover even more possibilities! The property includes a mobile home currently used for shop and storage space, a large pole barn perfect for parking equipment, vehicles, or recreational toys, and an additional carport near the home with room for two cars. The expansive front porch offers a peaceful place to sit back, relax, and enjoy the beauty of nature, while the large back porch provides another wonderful outdoor space for entertaining, relaxing, or simply enjoying the country lifestyle. With 8 acres, multiple outbuildings, spacious porches, and a home ready for your personal touch, this property offers a wonderful opportunity to create the country retreat you’ve been dreaming about—just outside Gatesville city limits!

823 Mountain Road, Gatesville

$128,500

2 Beds ⋅ 1 Baths ⋅ 626066 MLS

Cute little frame house with double pane windows, hardwood floors, updated bath, spacious kitchen, and floor plan that originally was a 3BR prior to the LR being enlarged. Serving as a rental for last several years, it's ready for a new owner to enjoy that rental income or serve as the next place to call home! There's a detached 1 car garage in need of repair that would make a great workspace those who love to tinker. A small yard in front with city sidewalk will be easy to maintain and still has room for some cute landscaping along the sides. With just a little TLC this place can transform into something spectacular!! Disclaimer: age, sqft and taxes provided by CAD. All measurements approximate. AI Virtual staging photos may be included for visual aid. Buyer to verify all information including by not limited to age, measurements, taxes, utilities, conditions, repairs etc.

605 Park Street, Gatesville

$199,000

3 Beds ⋅ 2 Baths ⋅ 624598 MLS

Nestled in the heart of Texas, the 76528 zip code in Gatesville is a hidden gem for those seeking a serene lifestyle with the added convenience of proximity to bustling city centers like Austin and Waco. This area merges the tranquility of rural living with the benefits of urban accessibility. Residents relish in the scenic beauty of the surrounding landscape, characterized by sprawling fields and a picturesque countryside that offers an idyllic backdrop for everyday life. The local community is known for its warm hospitality and strong bonds, making it an inviting place for newcomers seeking a tight-knit community. This property is completely renovated! Call your favorite realtor and view it today!

114 Hillcrest Drive, Gatesville

$299,000

3 Beds ⋅ 2 Baths ⋅ 625509 MLS

Welcome Home! This inviting 3-bedroom, 2-bathroom home offers the perfect blend of comfortable living, thoughtful design, and spacious outdoor living. From the moment you step inside, you’ll feel the warmth of a home designed for everyday living and making lasting memories. The spacious den provides plenty of room to gather with family and friends and flows effortlessly into the dining area, creating a wonderful space for entertaining or enjoying quiet evenings at home. The kitchen features a convenient high breakfast bar, perfect for morning coffee, casual meals, or visiting with guests while preparing dinner. The generous primary suite offers a peaceful retreat with a private bathroom featuring a stand-up shower, large soaking tub, and separate closets providing plenty of storage. Two additional good-sized bedrooms are located on the opposite side of the home, offering a comfortable split-bedroom floor plan and added privacy. A large laundry room is conveniently situated between the bedrooms for easy access and functionality. Step outside and discover the large, spacious backyard—an ideal place for children to play, pets to roam, family gatherings, or simply relaxing and enjoying your own outdoor retreat. The double-car garage provides convenient parking along with valuable additional storage space. You’ll appreciate the peace of mind that comes with several recent updates, including a new roof in 2024, replacement of the large HVAC unit in 2024, and fresh exterior paint in 2025. With its spacious rooms, functional layout, thoughtful split-bedroom design, large backyard, and important recent improvements, this home is ready to welcome its next owners. Come take a look—you may just find the place where your next chapter begins!

3404 Greenlawn, Gatesville

$225,000

2 Beds ⋅ 2 Baths ⋅ 21386900 MLS

Two independent living spaces on over half an acre in Gatesville, Texas! This primary home and detached studio apartment at 405 and 407 S 6th Street offer options for multigenerational living or living in one residence and renting the other, within walking distance of downtown Gatesville and local parks. The primary home’s interior was stripped to the studs and newly built within the existing structure, with foam insulation, new plumbing, electrical wiring, HVAC, and fixtures. The open kitchen and living area features white cabinetry, subway tile backsplash, wood-tone countertops, and recessed lighting. A large bedroom includes an oversized closet that could serve as a small home office or creative studio. A tankless water heater, laundry space, and covered back porch add everyday convenience. The detached studio apartment features an open living and sleeping area, a kitchen with wood cabinetry, abundant natural light, tile flooring, laundry space, and a separate bathroom with a tiled walk-in shower. Beautiful mature trees shade both the front and back yards of this approximately 0.528-acre property, with a spacious privacy-fenced backyard and a small storage shed for tools and outdoor essentials. Enjoy room to garden, gather, and relax in a convenient in-town setting. Both combination washer-dryer units are excluded from the sale.

405 S 6th St, Gatesville

$225,000

2 Beds ⋅ 2 Baths ⋅ 625349 MLS

Two independent living spaces on over half an acre in Gatesville, Texas! This primary home and detached studio apartment at 405 and 407 S 6th Street offer options for multigenerational living or living in one residence and renting the other, within walking distance of downtown Gatesville and local parks. The primary home’s interior was stripped to the studs and newly built within the existing structure, with foam insulation, new plumbing, electrical wiring, HVAC, and fixtures. The open kitchen and living area features white cabinetry, subway tile backsplash, wood-tone countertops, and recessed lighting. A large bedroom includes an oversized closet that could serve as a small home office or creative studio. A tankless water heater, laundry space, and covered back porch add everyday convenience. The detached studio apartment features an open living and sleeping area, a kitchen with wood cabinetry, abundant natural light, tile flooring, laundry space, and a separate bathroom with a tiled walk-in shower. Beautiful mature trees shade both the front and back yards of this approximately 0.528-acre property, with a spacious privacy-fenced backyard and a small storage shed for tools and outdoor essentials. Enjoy room to garden, gather, and relax in a convenient in-town setting. Both combination washer/dryer units are excluded from the sale.

405 & 407 S 6th Street, Gatesville

$224,000

3 Beds ⋅ 3 Baths ⋅ 21388511 MLS

Well-maintained 3-bedroom, 3-bath, 1-car brick home in an established Gatesville neighborhood. This spacious home features a functional floorplan with two living areas, formal dining, and an open-concept kitchen with built-in double oven and cooktop. Kitchen updates include epoxy countertops, backsplash, and new quiet, energy-efficient lights and ceiling fans. Primary bedroom offers a private bath with standing shower. Two additional bedrooms feature good natural light, ample closet space, and built-in bookshelves. Hall bath includes vintage-style tile, large illuminated mirror, and tub-shower combination. Third bath is conveniently located off the living area and features a faux-marble jetted tub and matching vanity. Exterior features include an irrigated lawn, mature shade trees, and a fenced backyard with peach, pecan, and pear trees. Large covered back patio provides ample space for grilling and outdoor seating. One-car garage includes remote and automatic opener. Vivint fire and theft security system remains in place. Roof replaced approximately 5 years ago; windows replaced by Sears approximately 10–15 years ago. Conveniently located near schools, shopping, and dining. Great opportunity in a quiet, established Gatesville neighborhood.

2512 Lowrey Dr, Gatesville

$224,000

3 Beds ⋅ 3 Baths ⋅ 625435 MLS

Well-maintained 3-bedroom, 3-bath, 1-car brick home in an established Gatesville neighborhood. This spacious home features a functional floorplan with two living areas, formal dining, and an open-concept kitchen with built-in double oven and cooktop. Kitchen updates include epoxy countertops, backsplash, and new quiet, energy-efficient lights and ceiling fans. Primary bedroom offers a private bath with standing shower. Two additional bedrooms feature good natural light, ample closet space, and built-in bookshelves. Hall bath includes vintage-style tile, large illuminated mirror, and tub/shower combination. Third bath is conveniently located off the living area and features a faux-marble jetted tub and matching vanity. Exterior features include an irrigated lawn, mature shade trees, and a fenced backyard with peach, pecan, and pear trees. Large covered back patio provides ample space for grilling and outdoor seating. One-car garage includes remote and automatic opener. Vivint fire and theft security system remains in place. Roof replaced approximately 5 years ago; windows replaced by Sears approximately 10–15 years ago. Conveniently located near schools, shopping, and dining. Great opportunity in a quiet, established Gatesville neighborhood.

2512 Lowrey Drive, Gatesville

$375,000

625278 MLS

4 cabins, fully rented on 2.3 acres between Temple and Gatesville. Built in 2023 and 2024, this development consists of two lots (1.1 acres and 1.2 acres). Each lot has a septic large enough for 3 tiny homes on each lot. One of the lots has a sewer drop for a small RV. There is a community laundry building for the 4 tenants. The cap rate is pretty amazing. Conveniently located across from Fort Cavazos North and couple miles to their North entrance

740 & 720 County Road 334, Gatesville

Gatesville Homes under $500,000

Newest Gatesville Homes under $500,000