Gatesville Homes under $500,000

Welcome to Gatesville, Texas – a hidden gem nestled in the heart of Coryell County. Known for its rich history and warm community spirit, Gatesville offers a unique blend of small-town charm and modern convenience, making it an ideal place for families, retirees, and anyone looking to embrace a relaxed lifestyle.

With a population of just over 15,000 residents, Gatesville is renowned for its friendly atmosphere and strong sense of community. The city is steeped in history, with several historical landmarks and sites that tell the story of its vibrant past. Enjoy the quaint downtown area, complete with local shops, cafes, and eateries that showcase the best of Texan hospitality.

For those seeking a home in Gatesville, you'll be pleased to discover an array of charming properties available for under $500,000. Whether you’re looking for a cozy starter home, a spacious family residence, or a charming cottage, Gatesville has something to suit every taste and budget. Many of these homes feature beautiful yards, modern amenities, and easy access to local parks and recreational areas, perfect for enjoying the great outdoors.

Gatesville is also conveniently located near larger cities like Killeen and Waco, offering easy access to shopping, dining, and entertainment while still providing the peace and tranquility of small-town living. With its affordable housing market, friendly community, and rich cultural heritage, Gatesville is not just a place to live – it’s a place to call home. Come explore all that this delightful city has to offer!

Newest Gatesville Homes under $500,000

$130,000

3 Beds ⋅ 1 Baths ⋅ 21410934 MLS

This well-maintained, three-bedroom, one-bath home offers exceptional potential and everyday convenience on a rare double lot. Located in a friendly neighborhood just a few blocks from the town square and a short walk to H-E-B, the property features a practical carport and a convenient backyard storage shed. The adjacent lot provides incredible flexibility—ideal for future expansion, a workshop, or even a second home subject to city approval. Whether you are looking for a fantastic starter home, a comfortable retirement retreat, or a promising investment property for a short-term rental, this versatile find is ready to welcome its next owner. Come take a look today!

109 & 105 E Leon St, Gatesville

$469,000

4 Beds ⋅ 2 Baths ⋅ 21392381 MLS

This brick 4-bedroom, 2-bath home was originally built by a custom builder as their personal residence, showcasing quality craftsmanship throughout, and has since been beautifully remodeled by the current seller to offer modern-day conveniences while preserving its timeless charm. Situated on an over-an-acre corner lot just minutes from schools and shopping, the property blends luxury features with family-friendly function. The chef’s kitchen is a true showpiece with granite countertops, gas cooktop, single oven, built-in microwave, custom cabinetry, tiled backsplash, oversized pantry, and a large center island with abundant storage, flowing seamlessly into the dining and living areas highlighted by soaring ceilings, an impressive brick accent wall, and a cozy wood-burning fireplace. The primary suite is a private retreat featuring a sliding barn door leading to a dressing area with a beauty bar, sink, and generous cabinetry, along with a spa-style bath offering a tiled tub & shower combination and an oversized walk-in closet. A flexible bedroom adjacent to the primary is ideal for a home office, nursery, or craft room, while two additional bedrooms on the opposite side of the home provide added privacy, one with double closets and a built-in desk, sharing a stylish full bath with custom cabinetry and a tub & shower combination. Outdoors, enjoy a large concrete driveway with rear-entry garage, a finished-out storage building, and a carport perfect for a boat or recreational toys, all complemented by a huge win—a fully functional deep well used to water the yard and garden, offering efficiency and savings. The expansive backyard, shaded by mature pecan trees, creates the perfect setting for entertaining or peaceful evenings at home.

100 Sunny Ln, Gatesville

$164,000

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. 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

$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

$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

$223,000

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

$249,900

4 Beds ⋅ 1 Baths ⋅ 21382123 MLS

Zoned Business Commercial. Two homes. One property. More possibilities in Gatesville, Texas. Located at 1115 W. Main Street with Highway 84 frontage, this approximately 0.43-acre property includes a main home and a separate two-bedroom, one-bath residence. Live in one and rent the other to help offset ownership costs, explore renting both as an investment, or keep family close with separate living spaces. The main home features a stone exterior, laminate flooring, white kitchen cabinetry, granite countertops, and a tile backsplash. The indoor laundry room is conveniently located off the kitchen. An enclosed former garage provides flex space for a home office or gym, with a separate entrance and mini-split. Large shade trees, covered outdoor spaces, and a yard fenced along three sides add to the setting. A generous concrete parking area, covered parking, a detached garage, and a storage building provide practical space beyond the homes. The separate two-bedroom residence includes its own kitchen, bathroom, laundry and living area, giving buyers additional options for rental income potential, extended family, or guests. This Central Texas property combines everyday livability with the flexibility of two homes in one purchase. Some photos are virtually staged.

1115 W Main St, Gatesville

$125,000

3 Beds ⋅ 2 Baths ⋅ 21374026 MLS

Enjoy country living at 129 E FM 931 in the community of Flat, just a short drive from Gatesville. This 3-bedroom, 2-bath home provides multiple living areas, providing plenty of room to spread out, entertain, or create flexible spaces for work and everyday life. An attached suite adds additional privacy and could work well for guests, extended family, or a separate living area. Situated on approximately half an acre, the property includes two outbuildings for storage, hobbies, or workshop space. Perfect starter home, and even has a strong history as a rental property. With a practical layout, extra room inside and out, and plenty of country charm, this property provides a comfortable rural setting while keeping Gatesville conveniences within easy reach.

129 E Fm 931, Gatesville

$425,000

3 Beds ⋅ 2 Baths ⋅ 21371970 MLS

Welcome to this 3 bedroom, 2 bathroom home offering 1,716 square feet of living space on just under 2 acres and built in 2017 all per Coryell CAD. The property is located approximately 10 minutes west of Gatesville on paved CR 127. This one catches your eye the minute you arrive with the charming front porch, neat flower beds and the country feel! Inside, the home features a highly functional open-concept central living area which features 10’ ceilings and crown molding accents and a split-bedroom floor plan. The kitchen is has beautiful granite countertops, plenty of cabinet space along with a central island with raised bar-height eating area. All kitchen appliances will can convey along with the washer and dryer currently in home. The private primary suite is located off the living room and features a tray ceiling, a large walk in closet, an attached bath with a dual vanities, garden tub, and separate shower. On the opposite side of the home, the two secondary bedrooms are nicely sized with good closet space and share a hall bath upgraded with a walk-in tub. Additional conveniences include a laundry room positioned near the primary suite and near doorway that leads out to the car port area. From the dining area patio doors lead out to the back porch and car port area and overlooks the large back yard space! If you have been searching for a move in ready home on small acreage this one might be what you have been looking for!

3740 County Road 127, Gatesville

$349,000

2 Beds ⋅ 2 Baths ⋅ 21364563 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 Hwy 84, Gatesville

$129,900

2 Beds ⋅ 1 Baths ⋅ 21369890 MLS

3± wooded acres with cabin and utilities in Gatesville, TX! Located at 1098 Winter Road in Coryell County, this private property features mature tree cover, paved road frontage and abundant native wildlife, including whitetail deer. Water meter, electric service and septic are already in place. The property includes a 2BR-1BA hunting cabin with screened porch, plus an additional storage building. A private gated entrance and driveway serves the cabin and continues toward a potential future homesite, making this an excellent option for someone wanting to build a custom home while having a place to stay during construction. Also well suited as a weekend getaway, convenient to Gatesville with access toward Waco, Temple, Killeen and Fort Hood. A hard-to-find combination of acreage, privacy, improvements and utilities already in place.

1098 Winter Rd, Gatesville

$149,900

3 Beds ⋅ 1 Baths ⋅ 21348898 MLS

Opportunity awaits in the heart of Gatesville! This 3 bedroom, 1 bathroom home offers approximately 1400 sq feet of living space and is full of potential for investors; first-time home buyers, or anyone looking to put their own personal touch on a home. With a functional layout, spacious rooms; extra storage area and classic character; this property is ready for its next chapter. Whether you are searching for your next renovation project, a rental investment, or an affordable place to call home; this property offers endless possibilities. Conveniently located near schools, shopping and local amenities; this home is something special.

2407 Oak Dr, Gatesville

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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