TBD FM 116, Gatesville, TX, 76528

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$2,200,000
270 Days On Site

TBD FM 116
Gatesville, TX 76528

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
County:
Coryell

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TBD FM 116TBD FM 116TBD FM 116TBD FM 116
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Central Texas Development Land for Sale in Gatesville, TX. This prime 42.76-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 Cavazos (formally known as 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. There is more acreage available.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
270 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
42.76 Acres
Year Built 
N/A
MLS® Number 
567965
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 months agoListing first seen on site
9 months agoListing updated with changes from the MLS®
General Features
Acres 
42.76
Additional Property Use 
Unimproved
Disclosures 
Agricultural Exemption
Foundation 
None
Sewer 
Other
Water Source 
OtherSee Remarks
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Exterior Features
Road Frontage 
HighwayInterstate
View 
None
Waterfront Features 
None
Waterview 
None
Community Features
Association Amenities 
None
Community Features 
None
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: 2025-10-22 09:02 AM 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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