201 FM 116, GATESVILLE, TX 76528

Homes for sale in Gatesville.

Homes for sale in 76528.


Active

List Price$3,988,293.26

201 FM 116

Gatesville, TX 76528

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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

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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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