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Cate Marmonti

cate@closingstagetx.com +1(254) 655-5459

$ 3,988,293

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201 FM-116 Gatesville, TX 76528

116 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Airport Annex

MLS Listing ID 21158206

HOA Y/N No

Lot Size 116.000 Acres

Acres 116.0

Property Sub-Type Unimproved Land

Property Description

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.

Location

State TX

County Coryell

Zoning Commercial and Ag Suburbia

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.

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Present Use Agricultural

Street Surface Asphalt

Road Frontage Highway

Private Pool No

Building

Lot Description Acreage, Agricultural, City Lot

Schools

Elementary Schools Gatesville

Middle Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Tax ID 111168

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Cate Marmonti

+1(254) 655-5459

cate@closingstagetx.com

Cate Marmonti

201 FM-116 Gatesville, TX 76528

Key Details

Location

Interior

Exterior

Building

Schools

Others

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201 FM-116