73.25 acres of city-annexed development land in Gatesville, Texas, offering a strategic Central Texas location positioned for commercial, industrial, mixed-use, or employment-driven development. Located within the Gatesville city limits, this tract provides a scalable footprint suitable for mixed-use projects featuring commercial or retail frontage with residential development behind, anchor retail concepts, service-oriented commercial uses, light industrial, distribution, logistics, or workforce and market-rate housing. City utilities are available, and the property currently maintains AG tax status, allowing for favorable holding costs during planning, entitlement, and development phases. Gatesville's low crime rate, business-friendly environment, stable workforce, and favorable tax climate, make it increasingly attractive for employer-driven growth and housing demand. The property is located near Fort Hood, one of the largest military installations in the United States, which continues to drive sustained demand for housing, retail services, logistics, and defense-adjacent development. The site also benefits from proximity to the Gatesville Municipal Airport, providing regional air access for corporate users, logistics operators, government agencies, and contractors, and to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations. The region supports long-term employment growth tied to military, manufacturing, transportation, and distribution sectors. From a connectivity standpoint, Gatesville offers convenient access to Waco, Temple, and Killeen, with reasonable drive times to Austin, Dallas–Fort Worth, and Houston, allowing developers to capture demand without major metro congestion or costs. This tract represents a flexible, infrastructure-supported development opportunity with multiple use paths, phased development potential, and long-term upside in a growing Central Texas corridor. Additional contiguous acreage is available.

Listing courtesy of Kim Hill of Kim Hill Real Estate Group



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Last checked: 2026-05-01 01:37 PM UTC