Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    201 Fm-116 Gatesville, TX 76528

    For Sale
    $4,116,130

    Unimproved Land - Gatesville, TX

    Type:Unimproved Land
    Lot size:
    116.00 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 10 at 3:06 pm

    Property Features for 201 Fm-116

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    111168
    Lot size
    116.00 Acres

    Building Details

    Architectural style
    Other

    UCRE Texas Lifestyle Properties & Auction (940) 600-0188

    Listing agent Kim Hill (903) 686-0636 License #0592248

    Listing date Oct 3, 2025

    MLS# 20684834 Listing URL

    Copyright © 2025 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.

    Overview

    116 Acres Development Land, Gatesville

    This 116-acre tract of land is located in Gatesville, Texas, within Coryell County. Annexed into the city limits, the property is suitable for commercial, industrial, and residential development. It features 4,500 feet of paved frontage on Texas FM 116. The commercial frontage is divided into two tracts, suitable for phased development. The location and visibility make it suitable for retail, hospitality, medical, office, or government facilities. City utilities are available. The property has AG tax status. It also boasts its own source of road base material, ideal for road construction. Gatesville has a low crime rate, favorable tax climate, and strong economy.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gatesville
    County
    Coryell
    State
    Texas
    Longitude
    -97.7864
    Latitude
    31.4257

    Nearby Similar for Sale

    • $3,950,000
      55.00 Acres

      Luxury Ranch Estate with Barndominium

      55-acre estate with a 10,000 SF barndominium lodge near Gatesville.
      410 County Road 174, Gatesville, TX 76528
      View Details
    • $1,000,000
      148.00 Acres

      Coryell County Ranch Land Opportunity

      148 acres in Coryell County, Texas, ideal for ranching.
      515 County Road 262, Gatesville, TX 76528
      View Details
    • $1,695,000
      1,080 SF

      80 Acres Farm and Ranch

      80 acres with two homes near The Grove, Texas.
      552 County Road 354, Gatesville, TX 76528
      View Details
    • $479,000
      2,058 SF

      Charming Farmhouse on Picturesque Acreage

      Five-bedroom, three-bath home on 19+ acres with mature trees.
      740 Old Georgetown Rd, Gatesville, TX 76528
      View Details
    • New
      $399,000
      2,548 SF

      Spacious Ranch with Equestrian Facilities

      21-acre ranch featuring a 4-bedroom home and equestrian amenities.
      762 County Road 131, Gatesville, TX 76528
      View Details
    • $1,300,000
      4,321 SF

      Texas Ranch with Two-Story Home

      Luxury ranch living on 57 acres near Waco and Killeen.
      400 Indian Hills Rd, Gatesville, TX 76528
      View Details

    FAQs

    What type of property is this?
    Land - Prime 116-acre development land in Gatesville, TX, with city utilities.
    Where is this land located?
    The property is located at 201 Fm-116 Gatesville, TX.
    What is the asking price?
    The asking price for this property is $4,116,130.
    What are key features of this property?
    This property features: - 116-acre tract annexed into city limits, suitable for commercial, industrial, and residential development.; - **4,500 ft. of paved frontage on Texas FM 116, offering high visibility and accessibility.**; - City utilities available and AG tax status, providing cost benefits.
    (903) 686-0636
    Request Owner's contact information
    201 Fm-116 Gatesville, TX 76528
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Fm-116
    Gatesville, TX 76528
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Fm-116 Gatesville, TX 76528
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.