Development Land with Dual Road
For Sale
$3,988,293
201 FM-116, Gatesville, TX 76528
LAND - Gatesville, TX
Lot Size116.00 Acres
Days on Market55
Property Features for 201 FM-116
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial and Ag Suburbia
Subdivision
Airport Annex
Lot features
Acreage, Agricultural, 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
111168
Lot size
116.00 Acres
Listing Agency:
Kim Hill Real Estate Group
(254) 277-1820
Listed By:
Kim Hill · License #0592248
(254) 277-1820
Added: Jun 7
Changed: Jul 21
Last Checked: Jul 31 at 7:06AM
MLS# 21158206
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.
Approximately 116 acres of city-annexed development land in Gatesville, Texas, positioned to support commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. The tract has frontage and access along Texas FM 116 and Old Pidcoke Road, with multiple access points intended to help separate uses and traffic patterns.
City utilities are available, and the property maintains AG tax status, which may support holding costs during planning, entitlement, and phased development. The site is located directly across from the Gatesville Municipal Airport and is also described as being near Fort Hood.
The listing highlights suitability for phased or multi-user development and campus-style projects, including potential to place commercial or service uses along the frontage with flex, light industrial, logistics, or distribution uses, and residential or workforce housing behind.
City utilities are available, and the property maintains AG tax status, which may support holding costs during planning, entitlement, and phased development. The site is located directly across from the Gatesville Municipal Airport and is also described as being near Fort Hood.
The listing highlights suitability for phased or multi-user development and campus-style projects, including potential to place commercial or service uses along the frontage with flex, light industrial, logistics, or distribution uses, and residential or workforce housing behind.
Key Highlights
- Approximately 116 acres of city‑annexed development land in Gatesville, Texas
- Frontage and access along Texas FM 116 and Old Pidcoke Road with multiple access points
- City utilities available and property maintains AG tax status
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - City-annexed development land with frontage and access along FM 116 and Old Pidcoke Road in Gatesville, TX.
Where is this commercial land located?
The property is located at 201 FM-116 Gatesville, TX.
What is the asking price?
The asking price for this property is $3,988,293.
What are key features of this property?
This property features: Approximately 116 acres of city‑annexed development land in Gatesville, Texas; Frontage and access along Texas FM 116 and Old Pidcoke Road with multiple access points; City utilities available and property maintains AG tax status
