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$ 3,988,293
Est. payment /mo
Active
201 FM 116 Gatesville, TX 76528
116 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Airport Annex
MLS Listing ID 602160
Construction Status Resale
HOA Y/N No
Lot Size 116.000 Acres
Acres 116.0
Property Sub-Type Acreage
Property Description
Approximately 116 acres of city-annexed development land in Gatesville, Texas, offering a rare master-planned opportunity positioned for commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. Strategically located with frontage and access along Texas FM 116 and Old Pidcoke Road, the property provides excellent visibility, multiple access points, and the ability to separate uses and traffic patterns, making it well suited for anchor retail or service commercial along the frontage with flex, light industrial, logistics, or distribution uses and residential or workforce housing positioned behind. City utilities are available, and the property maintains AG tax status, allowing favorable holding costs during planning, entitlement, and phased development. The site is located directly across from the Gatesville Municipal Airport, providing regional air access for corporate users, contractors, government agencies, defense-adjacent operations, and logistics support. The property is also located near Fort Hood, one of the largest military installations in the United States, driving sustained demand for housing, retail services, logistics, medical, and industrial development. The region benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth tied to military, defense, manufacturing, and transportation sectors. Gatesville offers a business-friendly environment, low crime rate, stable workforce, and favorable tax climate, with convenient access to Waco, Temple, and Killeen and reasonable drive times to Austin, Dallas–Fort Worth, and Houston. This tract supports phased or multi-user development, campus-style projects, or master-planned mixed-use concepts with multiple exit strategies and long-term upside in a growing Central Texas corridor.
Location
State TX
County Coryell
Interior
Fireplace No
Exterior
Fence Cross Fenced, Perimeter
Community Features None
Utilities Available Electricity Available
Water Access Desc Public
View Pond
Building
Sewer Public Sewer
Water Public
Additional Building None
Construction Status Resale
Schools
Elementary Schools Gatesville
Middle Schools Gatesville
High Schools Gatesville
School District Gatesville Isd
Others
Tax ID 111168
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Kim Hill • Kim Hill Real Estate Group