201 FM 116, Gatesville, TX, 76528

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$4,116,130
452 Days On Site

201 FM 116
Gatesville, TX 76528

For Sale|Land|Active
Subdivision:
Airport Annex
County:
Coryell

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201 FM 116201 FM 116201 FM 116201 FM 116
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Central Texas Development Land for Sale in Gatesville, TX. This prime 116-acre tract in Coryell County, annexed into the city limits, offers opportunities for commercial, industrial, and residential development. With 4,500 ft. of paved frontage on Texas FM 116, the commercial frontage is divided into two tracts, ideal for phased development. The strategic location and visibility make it suitable for retail, hospitality, medical, office, or government facilities. Additionally, the property has city utilities available and AG tax status, providing cost benefits during development. The property boasts its own source of road base material, ideal for road construction, offering significant cost savings for development. Gatesville, with its low crime rate, favorable tax climate, and strong economy, is attractive for businesses and homeowners. The town's central position offers access to major highways and proximity to Fort Hood, Waco, Temple, and Killeen, as well as being a reasonable drive to Austin, DFW, and Houston, ensuring demand for housing and commercial spaces. This development land is a rare opportunity in a growing region.

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Listing Snapshot
Price 
$4,116,130
Days On Site 
452 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
116 Acres
Year Built 
N/A
MLS® Number 
551982
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $4,116,130
3 weeks agoListing updated with changes from the MLS®
a year agoListing first seen on site
General Features
Acres 
116
Disclosures 
Agricultural Exemption
Sewer 
Public Sewer
Utilities 
Electricity Available
Water Source 
Public
Zoning 
Commercial
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Exterior Features
Fencing 
Cross FencedPerimeter
Road Frontage 
County RoadHighwayInterstate
View 
Pond
Waterfront Features 
Pond/Stock Tank
Waterview 
Pond
Community Features
Community Features 
None
Financing Terms Available 
CashConventional
Roads 
Paved
School District 
Gatesville ISD
Schools
School District
Gatesville ISD
Elementary School
Gatesville
Middle School
Gatesville
High School
Gatesville
Listing courtesy of Kim Hill of United Country H5 Auction & RE



Listing information is provided by Participants of the Central Texas MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Central Texas MLS.
Last checked: 2025-10-21 08:56 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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