$3,988,293
 $22,645 est/mo Sourced by Back At You

201 Fm-116,Gatesville, TX 76528

Gatesville, TX 76528

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Description

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.

Details

MLS #21158206
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site285
Listing Provided ByKim Hill Real Estate Group | Kim Hill

Features

ZoningCommercial and Ag Suburbia
Acreage116.00

Exterior

Lot FeaturesAcreage, Agricultural

Utilities

UtilitiesElectricity Available

Area Information

StateTX
CountyCoryell
CityGatesville
Zip Code76528
AreaCoryell
Community NameAirport Annex
School DistrictGatesville ISD
Elementary SchoolGatesville
High SchoolGatesville
Listing VS Median (in Airport Annex)
Price:
$3,988,293
low | high
Med:
$250,000
100% of Average
On site:
285
low | high
Med:
33
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. 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. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyCoryell
CityGatesville
Zip Code76528
AreaCoryell
Community NameAirport Annex
School DistrictGatesville ISD
Elementary SchoolGatesville
High SchoolGatesville
Listing VS Median (in Airport Annex)
Price:
$3,988,293
low | high
Med:
$250,000
100% of Average
On site:
285
low | high
Med:
33
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 12:24:52 AM PDT