TBD FM 116, Gatesville, TX 76528 - MLS#602157 - Richa Ratra

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Richa Ratra

richaratra@purerealty.com +1(512) 790-1578

$2,200,000

Est. payment - /mo

42.76 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Western Annex

MLS Listing ID 602157

Construction Status Resale

HOA Y/N No

Lot Size 42.760 Acres

Acres 42.76

Property Sub-Type Commercial

Property Description

42.76 acres of city-annexed development land in Gatesville, Texas offering approximately 4,500 feet of paved frontage along Texas FM 116 with excellent visibility, access, and scalability. The property is positioned for commercial, industrial, mixed-use, institutional, or employment-driven development and supports phased or multi-user development, with FM 116 frontage divided into two tracts. A key strategic advantage is the property's location directly across from the Gatesville Municipal Airport, providing immediate regional air access for corporate users, logistics operations, government agencies, defense contractors, and executive travel. City utilities are available, and the entire tract has been annexed into the City of Gatesville, simplifying entitlement and development planning. The property currently maintains AG tax status, allowing for favorable holding costs during planning, entitlement, and development phases. An on-site source of road base material may significantly reduce infrastructure and roadway construction costs, creating meaningful savings for developers. The site is located near Fort Hood, one of the largest military installations in the United States, driving sustained demand for housing, logistics, medical, industrial, and defense-adjacent uses. The region also benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth. 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 is a scalable, infrastructure-ready development opportunity in a growing Central Texas corridor. Additional contiguous acreage is available.

Location

State TX

County Coryell

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Community Features None

Amenities Available None

View Y/N No

Water Access Desc Other,See Remarks

View None

Accessibility None

Building

Entry Level None

Foundation None

Sewer Other, See Remarks

Water Other, See Remarks

Level or Stories None

Construction Status Resale

Schools

Elementary Schools Gatesville

Middle Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Tax ID 115860

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Listed by Kim Hill • Kim Hill Real Estate Group

NEARBY SCHOOL & BUSINESS

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Richa Ratra

+1(512) 790-1578

Agent | License ID: 824639

Agent License ID: 824639

TBD FM 116 Gatesville, TX 76528

Richa Ratra

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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