129 Fm 116, Gatesville, TX 76528

Gatesville
Local realty services provided by:ERA Courtyard Real Estate
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...

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Home facts

  • Subdivision & Development:Western Annex
  • Listing ID #:21158221
  • Added:249 day(s) ago
  • Updated:October 03, 2026 at 12:43 PM

Structure and exterior

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

Schools

  • High school:Gatesville
  • Middle 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 October 3, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Courtyard Real Estate.

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