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Fm 116 Gatesville, TX 76528

For Sale
$2,200,000

COMMERCIAL - Gatesville, TX

Lot size:
42.76 Acres
Days on Market:
35
Last Refresh:
Dec 10 at 9:06 am

Property Features for Fm 116

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
115860
Lot size
42.76 Acres

United Country H5 Auction & RE (903) 387-6647

Listing agent Kim Hill (903) 387-6647 License #0592248

Listing date Nov 6, 2025

Copyright © 2025 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

Prime Development Land in Gatesville

This 42.76-acre tract of land is located in Coryell County and has been annexed into the city limits of Gatesville, TX. The property offers opportunities 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, making it suitable for phased development. The location and visibility make it suitable for retail, hospitality, medical, office, or government facilities. City utilities are available, and the property has AG tax status. The property has its own source of road base material, which is suitable for road construction. Gatesville has a low crime rate, favorable tax climate, and strong economy. The town's central position offers access to major highways and proximity to Fort Cavazos, Waco, Temple, and Killeen, as well as being a reasonable drive to Austin, DFW, and Houston. There is more acreage available.
Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Gatesville
County
Coryell
State
Texas
Longitude
-97.9027339
Latitude
31.31513

FAQs

What type of property is this?
Land - 42.76 acres in Coryell County with development potential.
Where is this land located?
The property is located at 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: - Prime 42.76-acre development land annexed into city limits, suitable for commercial, industrial, or residential use.; - Boasting 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 during development.
More about this property
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