129 Fm 116, Gatesville, TX 76528

Gatesville
Local realty services provided by:ERA Empower
129 Fm 116,Gatesville, TX 76528
$2,200,000
Virtual Tour
  • 42.76 Acres
  • Lots / Land
  • Active
Listed by: kim hill
Office: kim hill real estate group
MLS#:21158221
Source:GDAR

Price summary

  • Price:$2,200,000

About this home

42.76 acres of city-annexed development land in Gatesville, Texas offering approximately 4,500 feet of paved frontage along Texas FM 116 with excellent visibility, access, and scalability. The property is positioned for commercial, industrial, mixed-use, institutional, or employment-driven development and supports phased or multi-user development, with FM 116 frontage divided into two tracts. A key strategic advantage is the property’s location directly across from the Gatesville Municipal Airport, providing immediate regional air access for corporate users, logistics operations, government agencies, defense contractors, and executive travel. City utilities are available, and the entire tract has been annexed into the City of Gatesville, simplifying entitlement and development planning. The property currently maintains AG tax status, allowing for favorable holding costs during planning, entitlement, and development phases. An on-site source of road base material may significantly...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:21158221
  • Added:159 day(s) ago
  • Updated:July 05, 2026 at 11:38 AM

Structure and exterior

  • Lot area:42.76 Acres
  • Lot Features:Acreage, City Lot, Level

Schools

  • High school:Gatesville
  • Elementary school:Gatesville

Finances and disclosures

  • Price:$2,200,000
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 5, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Empower.

New listings near 129 Fm 116