201 FM-116, Gatesville, Texas 76528

      Unimproved Land For Sale

      $3,988,293
      ActiveListing ID #21158206
      Basic Details
      Land
      Active
      21158206
      $3,988,293
      116
      Property 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.

      Features
      Electricity Available
      City Lot, Acreage, Agricultural
      Neighborhood
      Gatesville
      Gatesville
      Gatesville
      Gatesville ISD
      Additional Information
      Unimproved Land
      Zoned
      Deed Restrictions
      Agricultural
      Close Of Escrow
      Kim Hill
      Kim Hill Real Estate Group
      Address Map
      201
      FM-116
      Airport Annex
      Gatesville
      TX
      76528
      Coryell
      Texas / Coryell / Gatesville
        sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
        Data last updated: 10/12/2026 9:37 PM
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        Unimproved Land For Sale

        $3,988,293
        ActiveListing ID #21158206
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