201 FM 116, Gatesville, TX, 76528

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$3,988,293.26
32 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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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.

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Listing Snapshot
Price 
$3,988,293.26
Days On Site 
32 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 
602160
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
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 Kim Hill Real Estate Group



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 2026, Central Texas MLS.
Last checked: 2026-02-25 02:52 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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