Annexed Commercial Development
For Sale
$2,200,000
129 FM 116, Gatesville, TX 76528
Land, Gatesville, TX
Property SizeContact for details
Lot Size42.76 Acres
Days on Market100
Property Features for 129 FM 116
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Subdivision
Western Annex
Lot features
Acreage, Level, City Lot
Elementary school
Gatesville
Middle school
Gatesville
High school
Gatesville
Elementary school district
Gatesville ISD
Middle school district
Gatesville ISD
High school district
Gatesville ISD
Directions
From Gatesville heading West on Hwy 84 (Main St), turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage.
Standard status
Active
APN
115860
Lot size
42.76 Acres
Listing Agency:
Kim Hill Real Estate Group
(254) 277-1820
Listed By:
Kim Hill · License #0592248
(903) 686-0636
Added: Jun 7
Changed: Sep 8
Last Checked: Sep 14 at 4:06PM
MLS# 21158221
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 42.76-acre commercial land tract is annexed into the City of Gatesville and divided into two tracts along FM 116. The property offers approximately 4,500 feet of paved frontage, city utilities are available, and an on-site source of road base material may support future roadway and infrastructure work. The land currently carries AG tax status during planning and entitlement activities.
The site is directly across from Gatesville Municipal Airport and near Fort Hood, with access to Central Texas employment and manufacturing activity. The property supports commercial, industrial, mixed-use, institutional, and employment-oriented development, including phased or multi-user planning. Additional contiguous acreage is available.
The site is directly across from Gatesville Municipal Airport and near Fort Hood, with access to Central Texas employment and manufacturing activity. The property supports commercial, industrial, mixed-use, institutional, and employment-oriented development, including phased or multi-user planning. Additional contiguous acreage is available.
Key Highlights
- 42.76 acres of commercial development land
- Approximately 4,500 feet of paved frontage along Texas FM 116
- Entire tract annexed into the City of Gatesville
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 76528, TX
18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - City-annexed commercial land with paved frontage and available utilities.
Where is this commercial land located?
The property is located at 129 FM 116 Gatesville, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 42.76 acres of commercial development land; Approximately 4,500 feet of paved frontage along Texas FM 116; Entire tract annexed into the City of Gatesville
