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Gatesville 76528
406,408,410 State School Road
$6,095,000
● House - For Sale

406,408,410 State School Road

Gatesville, TX 76528
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,394 Ft²
Upcoming Open House
1PM - 4PM, Sat, Oct 17 -
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$29,928
Est. Monthly

About This Property

Productive Hay Farm in Gatesville Texas
406, 408 and 410 State School Road (Lutterloh)   Gatesville TX

Approximately 400 acres in Coryell County, currently operated as a high-protein hay farm. Imagine planning your hay season without the usual worry about water. THREE IRRIGATION PIVOTS USE RECLAIMED WATER PROVIDED BY THE CITY OF GATESVILLE. Contact the listing agent for full details on how the water arrangement works.
The farm averages four to six cuttings per year, with reported annual production of approximately 30,000  plus bales and 250 rolls plus. The property includes two houses: a main home of approximately 3,300 square feet that is being renovated, plus a second home suitable for a ranch hand.
The land is fenced and cross-fenced, with new electric fencing installed throughout the ranch. Mature Oak Trees are scattered throughout the property, along with a wet weather pond and a managed Whitetail Deer Herd, adding recreational and hutting appeal to this productive agricultural property. Cattle chutes and other farm improvements support the operation. Select farm equipment, tractors will convey with others being negotiable, contact the agent for details. The property currently has an agricultural exemption and no city taxes.
Unit Size
3,394 Ft²
Days on Market
-
Land Size
399.00 acres
Price per sqft
$1,796
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

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Last updated: 10 days ago (NTREIS #21399473)

Price History

Date / Event Date Event Price
Sep 30, 2026 Listed by Axio Real Estate LLC $6,095,000
Listed by Axio Real Estate LLC
Jan 17, 2023 Sold
Sold
May 27, 2022 Listed by Kelly, Realtors $4,995,000
Listed by Kelly, Realtors
Assembled over many decades by a longtime member of the Gatesville community, the Harmony Hill Hay Ranch is a unique opportunity and one of the finest offering in the region. Numerous tracts were strategically assembled to provide superior farming while allowing flexibility for future development. The property has six access points to local streets and highways. The property is currently used for award-winning, high-protein hay production. Approximately 160 acres are covered with three irrigation pivots supplied by affluent water from Gatesville's municipal plant. City sewer runs throughout the property, and a city water line runs down State School Road. The property also has 3-phase power. This turn-key farm is complete with hay storage, tractors, and other farming equipment. There are two houses on the property. The hay operation generates approximately 30,000 bales of hay on just 160 acres. The rolling topography lends itself to a number of farming, recreational and development options. Deer and other wildlife are abundant along the creek and throughout the property. The property is just 45 minutes west of Waco, and centrally located between Dallas and Austin.

Property Highlights

Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Garage Faces Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Eat-in Kitchen
Appliances: None
Flooring Type: Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, Full Size W/D Area, Dryer Hookup
Has Fireplace
Fireplace Features: Family Room, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 3394
Architectural Style: Contemporary
Year Built: 1990
Levels: One
Construction Materials: Brick, Frame
Lot Features: Acreage
Lot Size Area: 399
Lot Size Units: Acres
Lot Size Acres: 399
Lot Size Square Feet: 17380440

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: NORTHERN ANNEX
  • Land Acres: 0000001240
  • Standard Land Use Code: 8004
  • County Land Use Code: E4
  • State Land Use Code: E4
  • Legal Description 1: NORTHERN ANNEX, BLOCK 7, LOT 1, ACRES 1.24

Neighborhood

  • School District Name: Gatesville Independent School District
  • School Tax School District: MTG
  • Census Tract: 010202

Geography

  • Assessors Map Reference: 700
  • Subdivision Tract Number: 1
  • Parcel: 113450
  • Block: 7
  • Lot: 1
  • Municipality: GATESVILLE
  • Latitude: 31.4548
  • Longitude: -97.7445

    Address

  • Full Address: 406 State School Rd
  • Address - House Number: 406
  • Address - Street Name: State School
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Gatesville
  • Carrier Code: R008
  • 4-Digit Zip Code: 2923
  • Zip Code: 76528

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,681
  • Tax Rate Code Area: MTG

    Market Valuation

  • Market Total Value: $7,440
  • Market Land Value: $7,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,440
  • Assessed Land Value: $7,440

    Sales

  • Current Sale Contract Date: Jan 11, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 360526
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gatesville


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Frequently Asked Questions

When was property at 406 State School Road built and last sold?
The property at 406 State School Road was built in and last sold on Jan 11, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 406 State School Road is $5,867,779.
What are some comparable homes to 406 State School Road?
There are currently no comparable homes to 406 State School Road.

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