Development Land with FM 116
129 FM 116, Gatesville, TX 76528
- Added:
- Jan 26, 2026
- Days on Market:
- 128
- Last Refresh:
- Jun 3 at 8:06 am
Property Features for 129 FM 116
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 115860
- Lot size
- 42.76 Acres
Listing agent Kim Hill License #0592248 (254) 277-1820
Listing office Kim Hill Real Estate Group Gatesville, TX (254) 277-1820
Listing date Jan 26, 2026
MLS# 21158221
Listing URL
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HighLights
- 42.76‑acre city‑annexed development land in Gatesville, TX with approximately 4,500 ft of paved frontage on Texas FM 116
- FM 116 frontage divided into two tracts; supports phased or multi‑user development
- Annexed into the City of Gatesville and city utilities are available
- Located directly across from the Gatesville Municipal Airport for regional air access
- Property has AG tax status, supporting lower holding costs during planning and entitlement
- On‑site source of road base material may help reduce infrastructure and roadway construction costs
Overview
This 42.76-acre city-annexed development tract is offered with approximately 4,500 feet of paved frontage along Texas FM 116, providing strong visibility, access, and flexibility for phased planning. The FM 116 frontage is divided into two tracts, supporting a range of configurations for single- or multi-user development. The property is positioned to support commercial, industrial, mixed-use, institutional, or employment-driven projects, with city utilities available to support buildout. It also carries an AG tax status, which may help with holding costs while planning and entitlement are underway. In addition, an on-site source of road base material may help reduce certain infrastructure and roadway construction expenses.
The site is directly across from the Gatesville Municipal Airport, creating immediate regional air access that can be attractive to corporate users, logistics operations, government agencies, and defense-related needs, including executive travel. The land has the advantage of full annexation into the City of Gatesville, which can simplify development planning. The property is located near Fort Hood, an area that can support sustained demand for housing, logistics, medical, industrial, and defense-adjacent development.
For developers and investors, this is an infrastructure-ready platform designed for long-term growth in a Central Texas corridor. With substantial FM 116 frontage, airport adjacency, and available city utilities, it may be well suited to industrial, logistics, or mixed-use concepts that benefit from strong access and a scalable site plan.
The site is directly across from the Gatesville Municipal Airport, creating immediate regional air access that can be attractive to corporate users, logistics operations, government agencies, and defense-related needs, including executive travel. The land has the advantage of full annexation into the City of Gatesville, which can simplify development planning. The property is located near Fort Hood, an area that can support sustained demand for housing, logistics, medical, industrial, and defense-adjacent development.
For developers and investors, this is an infrastructure-ready platform designed for long-term growth in a Central Texas corridor. With substantial FM 116 frontage, airport adjacency, and available city utilities, it may be well suited to industrial, logistics, or mixed-use concepts that benefit from strong access and a scalable site plan.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Gatesville
- County
- Coryell
- State
- Texas
- Longitude
- -97.7854
- Latitude
- 31.4272
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial land - City-annexed development land with paved FM 116 frontage and utilities for scalable commercial and industrial projects.
Where is this industrial land located?
The property is located at 129 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‑acre city‑annexed development land in Gatesville, TX with approximately 4,500 ft of paved frontage on Texas FM 116; FM 116 frontage divided into two tracts; supports phased or multi‑user development; Annexed into the City of Gatesville and city utilities are available
