201 Fm-116
Gatesville, TX, 76528 $ 3,988,293
Baths0.0 Monthly Estimate*
$ 24,557
Studio for $3,988,293. The lot size is 116.
Approximately 116 acres of city-annexed development land in Gatesville, Texas, offering a rare master-planned opportunity positioned for commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. Strategically located with frontage and access along Texas FM 116 and Old Pidcoke Road, the property provides excellent visibility, multiple access points, and the ability to separate uses and traffic patterns, making it well 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, allowing favorable holding costs during planning, entitlement, and phased development. The site is located directly across from the Gatesville Municipal Airport, providing regional air access for corporate users, contractors, government agencies, defense-adjacent operations, and logistics support. The property is also located near Fort Hood, one of the largest military installations in the United States, 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 with multiple exit strategies and long-term upside in a growing Central Texas corridor.
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FeaturesGeneralDevelopment Status City Limits Zoned
Utilities Electricity Available
Possession Closing/Funding
current use Agricultural
Restrictions Deed
School District Gatesville ISD
Property Subtype Unimproved Land
Subdivision Name Airport Annex
County Coryell
Property Type Land
HOA Type None
Status Active
Directions From Gatesville heading West on Hwy 84 (Main St) turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage.
City Gatesville
Elementary School Name Gatesville
High School Gatesville
Elementary School Gatesville
Standard Status Active
Junior High School Gatesville
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ExteriorWaterfront 0
Lot Features Acreage Agricultural
Lot Size Over 100 Acres
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* Excluded FeaturesList ByKim Hill Real Estate GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $24,557
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Gatesville, TX
Average List Price $553,302
Percent of Sale Price 86%
About Gatesville, TX 12,452 Population
0% Since 2002
$ 42,219 Median Income
37.43 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
992454 Elementary School
3678461 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/23/2026 | $3,988,293 | | Listed Price |