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TBD Fm 116

Gatesville, TX 76528
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Acres24

Acres(Lot)

Prime 24± acre development opportunity located within the city limits of Gatesville, Texas, featuring paved frontage along Texas FM 116 with excellent visibility, access, and scalability. This tract is ideally positioned for residential development, with city utilities available and full annexation already completed—streamlining the entitlement and development process. The property currently maintains an AG exemption, offering reduced holding costs during planning and development phases. Its strategic location near Fort Hood—one of the largest military installations in the United States—drives consistent demand for housing, logistics, medical, and defense-related services. Gatesville continues to see steady growth, supported by its proximity to major Central Texas markets including Waco, Temple, and Killeen, with convenient access to Austin, Dallas-Fort Worth, and Houston. The area also benefits from expanding aerospace and advanced manufacturing activity in the region, including SpaceX operations, contributing to long-term economic stability and job growth. This is a scalable, infrastructure-ready investment opportunity in a high-demand growth corridor. Additional contiguous acreage available. Acreage is approximate and boundary lines are subject to change.

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Detail Ic Property Details

Property Type : Land

Price : $624,000

AD Id : 87820639

MLS Id : 608128

Lot Size : 24 Acres(Lot)

County : Coryell

Subdivision: Lullwater Beach

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Feature Features

  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Size Acres: 24

    Property Information

    Subdivision: Western Annex & W Suggott Source Property Type: Land Zoning Description: Bus Com & AgSub Home Property SubType: Acreage

  • Listing Price Information

    Listing Price: $624000
    Cash, Conventional

  • Tax Information

    Parcel Number: 115860 Tax Legal Desc: 1+/- Acre out of Western Annex, Block 9, Acres 11.0 and 23+/- Acres out of 0912 W Suggott, Acres 81.24

  • School Information

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

    ElectricityAvailable, WaterAvailable
  • Location Information

    Direction: From Gatesville head West on Hwy 84 (Main St) and turn left on to FM 116. Property will be on your left. Follow FM 116 and turn left onto Old Pidcoke Rd for gate access to property. 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)--
6960 Owl Creek Park Road, Gatesville, TX, 76528 $105,000 -- -- -- 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 07/12/2026 @ 21:04

MLS: 608128 LISTED BY: Kim Hill, Kim Hill Real Estate Group 254-277-1820 SOURCE: CTEXAS

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