$250,000
( $41.67Per Sq Foot )
 $1,419 est/mo Sourced by Back At You

134 Airport Road,Gatesville, TX 76528

Gatesville, TX 76528

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Description

Ask a Gatesville local where the good nights used to happen, and sooner or later you'll hear "out by the old airport." That was The Shandar, on Airport Road near the old Brown Airport.. The layout was pure Texas honky-tonk. Up front, a bar room with the main counter and a few pool tables. Through the back, a wide-open dance hall and a raised stage where regional bands played while the floor filled up. Cold beer, cue sticks, and live country music. Same recipe, same address the town still remembers. Now 134 Airport Road sits inside the Gatesville city limits on 1.48 acres, beside Gatesville Municipal Airport (GOP) and inside a designated Opportunity Zone. The city airport is at 137 Airport Road, about three miles west of the square: a 3,400-foot runway, general aviation traffic, self-serve fuel, and Centex Aviation on the field. Pilots already know the road. Locals already know the name. The Opportunity Zone is the quiet extra. Investors who reinvest eligible capital gains through a Qualified Opportunity Fund may qualify for federal tax benefits on a qualifying project here, including deferral and, with the required holding period, favorable treatment of new gains. Rules, deadlines, and tract status apply. A tax advisor should confirm before anyone underwrites it. Bring it back as a bar and dance hall. Or lean into the runway: a fly-in hangout, pilot lounge and café, event barn, private club, or a mixed commercial use that puts aircraft, live music, and Highway 36 traffic in the same parking lot. The bones of a legend are here. The audience never really left. The tax map may help pay for the comeback.

Details

MLS #626887
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1970
Days On Site32
Listing Provided ByNiche Real Estate | Loni Jones

Features

SQ Feet6,000
Story(s)1
ZoningC
Acreage1.48
Property ViewNone

Parking

Parking FeaturesCircular Driveway, Parking Spaces

Location

Community FeaturesNone

Area Information

StateTX
CountyCoryell
CityGatesville
Zip Code76528
Community NameAirport Annex
Listing VS Median (in Airport Annex)
Price:
$250,000
low | high
Med:
$324,950
20.02% of Average
sqft:
6,000
low | high
Med:
3,312
94.8% of Average
$ / sqft:
$42
low | high
Med:
$341
100% of Average
On site:
32
low | high
Med:
168
19.047619047619% of Average
Sourced by Back At You

Market Activity 76528

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Learn More About This Property

StateTX
CountyCoryell
CityGatesville
Zip Code76528
Community NameAirport Annex
Listing VS Median (in Airport Annex)
Price:
$250,000
low | high
Med:
$324,950
20.02% of Average
sqft:
6,000
low | high
Med:
3,312
94.8% of Average
$ / sqft:
$42
low | high
Med:
$341
100% of Average
On site:
32
low | high
Med:
168
19.047619047619% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $187K - $312K
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
134 Airport Road Property Photo 1
$250,000
134 Airport Road
Gatesville, TX 76528
Listing Updated: November 3, 2026 at 1:00:22 PM PST