TBD Fm 116, Gatesville, TX 76528
Local realty services provided by:ERA Brokers Consolidated
Listed by: kim hill
Office: kim hill real estate group
MLS#:608128
Source:TX_FRAR
Price summary
- Price:$624,000
About this home
Prime 24± acre development opportunity located within the city limits of Gatesville, Texas, featuring paved frontage along Texas FM 116 with excellent visibility, access, and scalability. This tract is ideally positioned for residential development, with city utilities available and full annexation already completed—streamlining the entitlement and development process.
The property currently maintains an AG exemption, offering reduced holding costs during planning and development phases. Its strategic location near Fort Hood—one of the largest military installations in the United States—drives consistent demand for housing, logistics, medical, and defense-related services.
Gatesville continues to see steady growth, supported by its proximity to major Central Texas markets including Waco, Temple, and Killeen, with convenient access to Austin, Dallas-Fort Worth, and Houston. The area also benefits from expanding aerospace and advanced manufacturing activity in the region, including SpaceX operations, contributing to long-term economic stability and job growth.
This is a scalable, infrastructure-ready investment opportunity in a high-demand growth corridor. Additional contiguous acreage available.
Acreage is approximate and boundary lines are subject to change....
Contact an agent
Home facts
- Subdivision & Development:Western Annex & W Suggott
- Listing ID #:608128
- Added:190 day(s) ago
- Updated:September 30, 2026 at 02:32 PM
Structure and exterior
- Lot area:24 Acres
Schools
- High school:Gatesville
- Middle school:Gatesville
- Elementary school:Gatesville
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$624,000
New listings near TBD Fm 116
- New
$6,095,000Active3 beds 2 baths3,394 sq. ft.406,408,410 State School Road, Gatesville, TX 76528
MLS# 21399473Listed by: AXIO REAL ESTATE LLC - New
$349,000Active2 beds 2 baths1,492 sq. ft.11121 E Us Highway 84, Gatesville, TX 76528
MLS# 626422Listed by: COLDWELL BANKER APEX, REALTORS - New
$749,000Active95.91 Acres2998 Straws Mill Road, Gatesville, TX 76528
MLS# 21396824Listed by: KELLY, REALTORS - New
$182,000Active3 beds 2 baths1,680 sq. ft.1630 Old Osage Road, Gatesville, TX 76528
MLS# 21395535Listed by: COLDWELL BANKER APEX, REALTORS - New
$1,275,000Active4 beds 2 baths2,700 sq. ft.2300 County Road 147, Gatesville, TX 76528
MLS# 625182Listed by: TEJAS REAL ESTATE - New
$4,900,000Active2 beds 1 baths1,428 sq. ft.1100 County Road 316, Gatesville, TX 76528
MLS# 626064Listed by: FRONT PORCH REALTY - New
$350,000Active2 beds 2 baths2,744 sq. ft.823 Mountain Road, Gatesville, TX 76528
MLS# 626010Listed by: DIXON REALTY TEAM|KW - New
$128,500Active2 beds 1 baths1,106 sq. ft.605 Park Street, Gatesville, TX 76528
MLS# 626066Listed by: ON POINT REALTY - New
$11,998,000Active4 beds 8 baths8,706 sq. ft.11670 E Us Highway 84, Gatesville, TX 76528
MLS# 21391851Listed by: KELLY LAND AND RANCH - New
$525,000Active3 beds 3 baths2,928 sq. ft.612 River Oaks Drive, Gatesville, TX 76528
MLS# 626008Listed by: DIXON REALTY TEAM|KW