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201 Fm 116 Gatesville, TX 76528

Sponsored
For Sale
$3,988,293

LAND - Gatesville, TX

Lot size:
116.00 Acres
Days on Market:
8
Last Refresh:
Jan 30 at 7:06 pm

Property Features for 201 Fm 116

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
111168
Fencing
Fenced, Perimeter
Lot size
116.00 Acres

Utilities

Sewer type
Public Sewer
Water source
Public

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Listing Contact
Kim Hill

Kim Hill Real Estate Group (254) 277-1820

Listing agent Kim Hill (254) 277-1820 License #0592248

Listing date Jan 23, 2026

MLS# 602160 Listing URL

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

Gatesville Development Land Opportunity

This is approximately 116 acres of city-annexed development land in Gatesville, Texas. It presents a master-planned opportunity suitable for commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. The property has frontage and access along Texas FM 116 and Old Pidcoke Road, providing visibility and multiple access points. This allows for the separation of uses and traffic patterns. The location is suited for anchor retail or service commercial along the frontage, with flex, light industrial, logistics, or distribution uses and residential or workforce housing positioned behind. City utilities are available, and the property maintains AG tax status. The site is located directly across from the Gatesville Municipal Airport, providing regional air access. It is also located near Fort Hood, driving sustained demand for housing, retail services, logistics, medical, and industrial development. The region benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth tied to military, defense, manufacturing, and transportation sectors. Gatesville offers a business-friendly environment, low crime rate, stable workforce, and favorable tax climate, with convenient access to Waco, Temple, and Killeen and reasonable drive times to Austin, Dallas-Fort Worth, and Houston. This tract supports phased or multi-user development, campus-style projects, or master-planned mixed-use concepts.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Dental Office Department Store Skin Care Clinic Storage Facility Car Rental Smoke and Vape Shop Shopping Mall Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Gatesville
County
Coryell
State
Texas
Longitude
-97.78767
Latitude
31.422136

FAQs

What type of property is this?
Commercial land - 116 acres in Gatesville, TX, ideal for mixed-use development.
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: - 116 acres of city-annexed land suitable for various developments.; - Strategic location with frontage and access on Texas FM 116 and Old Pidcoke Road.; - City utilities available and AG tax status maintained.
More about this property
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