TBD FM 116, Gatesville, TX 76528
- $624,000
- List Price
- $624,000
- Status
- ACTIVE
- MLS#
- 608128
- Days on Market
- 130
Property Description
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.
/u.realgeeks.media/people1strealty/PeopleFirst_Logo_02_Black.png){kind=logo}
Additional Information
- Exterior Features
- None
- View
- Pond
- School District
- Gatesville ISD
- Elementary School
- Gatesville
- High School
- Gatesville
- Middle School
- Gatesville
- Sewer
- Public Sewer
- Street Name
- FM 116
- Street Number
- TBD
- Neighborhood
- Western Annex & W Suggott
- Water
- Public
- Acres
- 24
- County
- Coryell
Mortgage Calculator
Listing courtesy of Kim Hill from Kim Hill Real Estate Group
Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.