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201 Fm-116

Gatesville, Texas 76528
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Acres116

Acres(Lot)

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 d evelopment. 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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Detail Ic Property Details

Property Type : Land

Price : $3,988,293

AD Id : 74506641

MLS Id : 549500928

Lot Size : 116 Acres(Lot)

County : Coryell

Subdivision: Airport Annex

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Feature Features

  • Utilities

    Electricity Available

  • Lot Information

    Lot Size (Acr): 116.0000 Lot Size Units: Acres Lot Size Square Feet: 5,052,960 Lot Features: Acreage,Agricultural
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Airport Annex City: Gatesville State: Texas 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. Property Status: Active

  • Listing Price Information

    Original List Price: $3,988,293
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 111168

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Gatesville High School: Gatesville Junior High School: Gatesville Intermediate School: Gatesville School District: Gatesville ISD
  • Utility Information

    Utilities: Electricity Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD-2 Cr 139, Gatesville, TX, 76528 $850,000 -- 2 256 129.42 Acres(Lot)
TBD-1 Cr 139, Gatesville, TX, 76528 $1,200,000 -- -- -- 182.82 Acres(Lot)
TBD Cr 139, Gatesville, TX, 76528 $1,716,000 -- -- -- 312 Acres(Lot)
TBD5 Owl Creek Park Rd, Gatesville, TX, 76528 $194,900 -- -- -- Acres (Lot)--
TBD4 Owl Creek Park Rd, Gatesville, TX, 76528 $184,900 -- -- -- Acres (Lot)--
TBD3 Owl Creek Park Rd, Gatesville, TX, 76528 $184,900 -- -- -- Acres (Lot)--
TBD2 Owl Creek Park Rd, Gatesville, TX, 76528 $164,900 -- -- -- Acres (Lot)--
TBD1 Owl Creek Park Rd, Gatesville, TX, 76528 $215,000 -- -- -- Acres (Lot)--
SUNSET RANCH TRACT 9 Co.., Gatesville, TX, 76528 $202,000 -- -- -- Acres (Lot)--
SUNSET RANCH TRACT 6 & .., Gatesville, TX, 76528 $208,000 -- -- -- Acres (Lot)--
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/16/2026 @ 17:35

MLS: 549500928 LISTED BY: Kim Hill, Kim Hill Real Estate Group 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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