201 FM-116, GATESVILLE, TX 76528

Homes for sale in Gatesville.

Homes for sale in 76528.


Active

List Price$3,988,293

201 FM-116

Gatesville, TX 76528

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Listing #21158206

116

Acres

Lots / Land

Type

About This Property

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.

Property Features

Location Information

County

Coryell

Subdivision

Airport Annex

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available

Zoning

Commercial and Ag Suburbia

Lot Description

Acreage, Agricultural, City Lot

Development Status

Zoned

Lot Size in Acres

116

Road Description

Highway, Asphalt

Lot Size in Sq. Ft.

5,052,960

Is One Story

No

Current Use

Agricultural

Lot Description

Acreage, Agricultural, City Lot

School

Elementary School District

Gatesville ISD

High School

Gatesville

Elementary School

Gatesville

Additional Information

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$18,624

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$14,371

Monthly Tax

$3,323

Monthly Insurance

$930

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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