Gatesville, TX is one of the most affordable cities in the country. The town is the county seat of Coryell County and is named after Fort Gates, a nearby army outpost that was first established in 1849. The city is nicknamed the Spur Capital of Texas because the Coryell County Museum includes one of the largest spur collections in the world with more than 10,000 pairs.
Check out 108 Gatesville, TX rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Climbing Property Values! Home values in Gatesville, TX are on the rise. The estimated median value in 2012 was $74,016, which is a marked increase from the median cost of $53,800 in 2000. Fort Gates is just one of the city's many neighborhoods, and it's primarily occupied by medium and smaller homes that were built from 1970 to 1999. If you're searching for rent to own homes, check out the City Center community.
Parks and Recreation! Residents of Gatesville have access to two major public parks that are connected by a lighted walking trail. The trail has benches along the way so that hikers can relax and enjoy the surrounding forests and natural areas. The Faunt Le Roy Park is located along a bend of the Leon River, and it has RV hook-ups. The Raby Park has a playground, picnic tables and a swimming pool with splash park.
Affordable Rental Homes! Gatesville is known for its affordable rental homes. The median gross rent in 2012 was only $687. Since more than 20 percent of the city's properties were vacant in 2012, prices are expected to remain low for the future. If you're looking for rental house in Gatesville, try the Owl Creek Road-West Range Road neighborhood or the Coryell City Road community.
A Solid Economy! While only a small town, Gatesville has a solid economy that is partly based on the number of prisons in the area. As of 2014, more than 2,600 people were employed by one of the six correctional facilities in the city. In addition to government jobs, residents can look for employment at Siebert or Laerdal. Siebert produces trailers for commercial applications and the military while Laerdal makes teaching products for the medical industry.
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