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201 Fm 116

Gatesville, TX 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 : 74527960

MLS Id : 602160

Lot Size : 116 Acres(Lot)

County : Coryell

Subdivision: Airport Annex

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Feature Features

  • Lot Information

    Lot Size Acres: 116

    Property Information

    Subdivision: Airport Annex Source Property Type: Land Zoning Description: Commercial Property SubType: Acreage

  • Listing Price Information

    Listing Price: $3988293.26
    Cash, Conventional

  • Tax Information

    Parcel Number: 111168 Tax Legal Desc: Airport Annex, Block 13, Acres 31.76 & Western Annex, Block 9, Acres 11.0 & 0912 W Suggott, Acres 73.24

  • School Information

    Elementary School: Gatesville Junior High School: Gatesville Senior High School: Gatesville
  • Utility Information

    ElectricityAvailable
  • Location Information

    Direction: 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. WaterSource: Public
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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)--

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 06/10/2026 @ 16:32

MLS: 602160 LISTED BY: Kim Hill, Kim Hill Real Estate Group 254-277-1820 SOURCE: CTEXAS

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