201 FM 116, GATESVILLE, TX 76528
Homes for sale in Gatesville.
Homes for sale in 76528.
List Price$3,988,293.26
201 FM 116
Gatesville, TX 76528
Listing #602160
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
Directions
From Gatesville heading West on Hwy 84 (Main St), turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage.
Subdivision
Airport Annex
Exterior Features
Possession
Closing & Funding, Closing
Buildings
0
Water / Sewer
Public Sewer
Water Body
Pond/Stock Tank
Fencing
Cross Fenced, Perimeter
Has Waterfront
No
Topography
Rolling
View
Pond
Lot Size in Acres
116
School
School District
Gatesville ISD
Additional Information
Other Utilities
Electricity Available
Property SubType 2
Land
Property Type
LL
Status
Active
Property SubType
Acreage
Documents Available
Aerial, Deed Restriction, Soil Test, Topographical Survey
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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