201 Fm 116, Gatesville, TX 76528
Local realty services provided by:ERA Brokers Consolidated
Listed by: kim hill
Office: united country h5 auction & re
MLS#:551982
Source:TX_FRAR
Price summary
- Price:$4,116,130
About this home
Central Texas Development Land for Sale in Gatesville, TX. This prime 116-acre tract in Coryell County, annexed into the city limits, offers opportunities for commercial, industrial, and residential development. With 4,500 ft. of paved frontage on Texas FM 116, the commercial frontage is divided into two tracts, ideal for phased development. The strategic location and visibility make it suitable for retail, hospitality, medical, office, or government facilities. Additionally, the property has city utilities available and AG tax status, providing cost benefits during development. The property boasts its own source of road base material, ideal for road construction, offering significant cost savings for development. Gatesville, with its low crime rate, favorable tax climate, and strong economy, is attractive for businesses and homeowners. The town's central position offers access to major highways and proximity to Fort Hood, Waco, Temple, and Killeen, as well as being a reasonable drive to Austin, DFW, and Houston, ensuring demand for housing and commercial spaces. This development land is a rare opportunity in a growing region.
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Home facts
- Listing ID #:551982
- Added:519 day(s) ago
- Updated:December 28, 2025 at 03:04 PM
Structure and exterior
- Lot area:116 Acres
Schools
- High school:Gatesville
- Middle school:Gatesville
- Elementary school:Gatesville
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,116,130
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