TBD FM 116, GATESVILLE, TX 76528

Homes for sale in Gatesville.

Homes for sale in 76528.


TBD FM 116

Gatesville, TX 76528

Active

List Price$624,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

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