201 Fm 116 , Gatesville, TX 76528

$3,988,293
  • 201 Fm 116 , Gatesville, TX 76528 Main Photo

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Active
LOT SIZE 116.000 acres MLS#602160
STATUSActive PROPERTY TYPELand - Lot/Land SUBDIVISIONAirport Annex SCHOOLGatesville ISD

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.

201 Fm 116 | MLS# 602160

This land located at 201 Fm 116 , Gatesville, TX 76528 is currently listed for sale with an asking price of $3,988,293. The property has approximately 116.00 Acres. Fm 116 is located within the Gatesville ISD school district. Search Gatesville real estate on calmarshall.kellyrealtors.com today.

Property Features

Property Type: Land - Lot/Land
Fenced: Yes
Lot Size: 116.00 Acres

Feature Descriptions

Body of Water: Pond/Stock Tank
Community Features: None
Days on Site: 41
Fencing: Cross Fenced, Perimeter
Parcel#: 111168
Sewer: Public Sewer
Special View Info: Pond
Topography: Rolling
Utilities: Electricity Available
Water: Public

Local Schools

High School: Gatesville
Middle School: Gatesville
Elementary School: Gatesville
School District: Gatesville ISD

Listed By / Shown By

Listed By

Agency Name: Kim Hill Real Estate Group
Agency Phone: (254) 277-1820

Shown By

Agent Name: Cal Marshall
Agent Phone: (254) 447-0984
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 10,039.47 per month $8,876.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,163.25 Homeowner's Insurance

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