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Fm 116 Gatesville, TX 76528

Sponsored
For Sale
$2,200,000

COMMERCIAL - Gatesville, TX

Lot size:
42.76 Acres
Days on Market:
1
Last Refresh:
Jan 23 at 3:06 pm

Property Features for Fm 116

General Information

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

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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# 602157

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.

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Property Insight Report

Overview

Development Land Near Gatesville Airport

This 42.76-acre commercial land is located in Gatesville, Texas. The property offers approximately 4,500 feet of paved frontage along Texas FM 116, providing visibility and access. The entire tract has been annexed into the City of Gatesville, and city utilities are available. The property is positioned for commercial, industrial, mixed-use, institutional, or employment-driven development and supports phased or multi-user development. The FM 116 frontage is divided into two tracts. The property is located directly across from the Gatesville Municipal Airport, providing regional air access for corporate users, logistics operations, government agencies, defense contractors, and executive travel. The property currently maintains AG tax status. An on-site source of road base material may reduce infrastructure and roadway construction costs. The site is located near Fort Hood. The region also benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations. Gatesville offers a business-friendly environment, low crime rate, a stable workforce, and a favorable tax climate, with convenient access to Waco, Temple, and Killeen and reasonable drive times to Austin, Dallas-Fort Worth, and Houston. Additional contiguous acreage is available.
Property Profile Insight Report 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?
Commercial land - 42.76 acres of development land with city utilities available.
Where is this commercial 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: - 42.76 acres of city-annexed development land with approximately **4,500 feet of paved frontage on Texas FM 116.**; - Located directly across from the Gatesville Municipal Airport, providing immediate regional air access.; - City utilities are available, and the entire tract has been annexed into the City of Gatesville, simplifying development.
More about this property
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