TBD Fm 116, Gatesville, TX 76528
Local realty services provided by:ERA Experts
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
- Listing ID #:608128
- Added:100 day(s) ago
- Updated:July 02, 2026 at 02:27 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
$180,000Active3 beds 1 baths1,968 sq. ft.2402 Oak Drive, Gatesville, TX 76528
MLS# 618270Listed by: DIXON REALTY TEAM|KW - New
$100,000Active2.96 Acres1102 Sierra Vista Drive, Gatesville, TX 76528
MLS# 21315091Listed by: PREMIER, REALTORS - New
$225,000Active3 beds 2 baths1,282 sq. ft.2529 Powell Drive, Gatesville, TX 76528
MLS# 617623Listed by: TEJAS REAL ESTATE - New
$225,000Active10 Acres6290 Fm 182, Gatesville, TX 76528
MLS# 617745Listed by: INFINITE REALTY - New
$749,500Active5 beds 4 baths3,340 sq. ft.630 River Road, Gatesville, TX 76528
MLS# 617868Listed by: DIXON REALTY TEAM|KW
$199,900Active3 beds 2 baths1,352 sq. ft.206 Barton Lane, Gatesville, TX 76528
MLS# 614978Listed by: TEJAS REAL ESTATE- New
$39,900Active3 beds 2 baths1,620 sq. ft.407 N 14th Street, Gatesville, TX 76528
MLS# 617710Listed by: JOSEPH WALTER REALTY, LLC - New
$575,000Active68.3 Acres0 Fm 2412, Gatesville, TX 76528
MLS# 1994134Listed by: LEVI RODGERS REAL ESTATE GROUP - New
$336,375Active34.5 Acres854 Cr 131, Gatesville, TX 76528
MLS# 616898Listed by: KIM HILL REAL ESTATE GROUP
$140,000Active3 beds 2 baths1,647 sq. ft.2522 Jackson Drive, Gatesville, TX 76528
MLS# 616860Listed by: TEJAS REAL ESTATE