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    201 FM 116 Gatesville, TX 76528

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    Claim this Listing
    For Sale
    $3,988,293

    LAND - Gatesville, TX

    Lot size:
    116.00 Acres
    Added:
    Jan 23, 2026
    Days on Market:
    99
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for 201 FM 116

    General Information

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

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Airport Annex, Block 13, Acres 31.76 & Western Annex, Block 9, Acres 11.0 & 0912 W Suggott, Acres 73.24

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Kim Hill

    Listing agent Kim Hill License #0592248

    Listing office Kim Hill Real Estate Group 2424 E Main Street, Gatesville, TX

    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.


    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 Real Estate Agency Dental Office Department Store Skin Care Clinic Storage Facility Car Rental Facility (Bike/Boat/Book/etc) Store Shopping Center & 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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