TBD FM 116, GATESVILLE, TX 76528
Homes for sale in Gatesville.
Homes for sale in 76528.
TBD FM 116
Gatesville, TX 76528
List Price$624,000
Listing #608128
Lots / Land
Type
About This Property
Prime 24± acre development opportunity located within the city limits of Gatesville, Texas, featuring paved frontage along Texas FM 116 with excellent visibility, access, and scalability. This tract is ideally positioned for residential development, with city utilities available and full annexation already completed--streamlining the entitlement and development process. The property currently maintains an AG exemption, offering reduced holding costs during planning and development phases. Its strategic location near Fort Hood--one of the largest military installations in the United States--drives consistent demand for housing, logistics, medical, and defense-related services. Gatesville continues to see steady growth, supported by its proximity to major Central Texas markets including Waco, Temple, and Killeen, with convenient access to Austin, Dallas-Fort Worth, and Houston. The area also benefits from expanding aerospace and advanced manufacturing activity in the region, including SpaceX operations, contributing to long-term economic stability and job growth. This is a scalable, infrastructure-ready investment opportunity in a high-demand growth corridor. Additional contiguous acreage available. Acreage is approximate and boundary lines are subject to change.
Property Features
Location Information
County
Coryell
Directions
From Gatesville head West on Hwy 84 (Main St) and turn left on to FM 116. Property will be on your left. Follow FM 116 and turn left onto Old Pidcoke Rd for gate access to property.
Subdivision
Western Annex & W Suggott
Exterior Features
Exterior
None
Buildings
0
Possession
Closing & Funding, Closing
Water Body
Pond/Stock Tank
Water / Sewer
Public Sewer
Has Waterfront
No
Fencing
Barbed Wire, Partial
Has View
Yes
Lot Size in Acres
24
View
Pond
School
School District
Gatesville ISD
Additional Information
Other Utilities
Electricity Available, Water 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
$2,913
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,248
Monthly Tax
$520
Monthly Insurance
$145
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
Real Estate IDX Powered by iHomefinder