201 Fm-116, Gatesville, Texas

$3,988,293

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116.00

Acres

About 201 Fm-116

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 of 201 Fm-116

MLS® # 21158206
Price $3,988,293
Acres 116.00
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 201 Fm-116
Subdivision Airport Annex
City Gatesville
County Coryell
State Texas
Zip Code 76528

Amenities

Utilities Electricity Available
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Acreage, Agricultural

School Information

District Gatesville ISD
Elementary Gatesville
High Gatesville

Additional Information

Zoning Commercial and Ag Suburbia
Short Sale No
RE / Bank Owned No

Listing Details

AgentKim Hill
OfficeKim Hill Real Estate Group

Listing Map

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