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Master-Planned Development Land

201 FM-116 Gatesville, TX 76528

201 FM-116, Gatesville, TX, 76528
$3,988,293
For Sale
$3,988,293

LAND - Gatesville, TX

Lot Size116.00 Acres
Days on Market175

Property Features for 201 FM-116

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
111168
Lot size
116.00 Acres
Listing Agency Kim Hill Real Estate Group
Gatesville, TX
Listed by Kim Hill · License #0592248
Added: Jan 24 Checked: Jul 18 at 1:06 pm
MLS# 21158206 Listing URL

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

City-annexed development land offering a rare master-planned opportunity for phased or multi-user growth. The site is positioned to support multiple concepts and separated traffic patterns, with the ability to place commercial uses along the frontage and establish logistics, distribution, flex, and light industrial development in the interior. Residential or workforce housing can also be planned behind commercial activity. City utilities are available, and the property maintains AG tax status, helping support favorable holding costs during planning and entitlement.

Frontage and access are provided along Texas FM 116 and Old Pidcoke Road, giving multiple points of ingress/egress and strong visibility for commercial uses. The property is directly across from the Gatesville Municipal Airport, supporting regional air access for corporate users, contractors, government agencies, and logistics operations. The location is also near Fort Hood, which is described as one of the largest military installations in the United States, contributing to sustained demand for housing, retail services, logistics, medical, and industrial development.

This tract is well suited for developers targeting anchor retail or service commercial along the main frontage, complemented by logistics, distribution, and employment-driven industrial uses, plus residential or workforce housing planned for the back portion of the site. The master-planned framework and airport adjacency provide a practical platform for campus-style projects and long-term phased investment in a Central Texas corridor tied to aerospace and advanced manufacturing activity, including SpaceX operations.

Key Highlights

  • Approximately 116 acres of city‑annexed development land in Gatesville, Texas
  • Frontage and access along Texas FM 116 and Old Pidcoke Road with multiple access points
  • City utilities available and property maintains AG tax status

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Restaurant Restaurant Dental Office Storage Facility Nursing Home Nursing Home Department Store

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

FAQs

What type of property is this?
Industrial land - City-annexed tract with FM 116 frontage, airport adjacency, and city utilities for flexible commercial, industrial, and residential phasing.
Where is this industrial 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: Approximately 116 acres of city‑annexed development land in Gatesville, Texas; Frontage and access along Texas FM 116 and Old Pidcoke Road with multiple access points; City utilities available and property maintains AG tax status
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