201 Fm 116, Gatesville, TX 76528
Local realty services provided by:CENTURY 21 North East
Listed by: kim hill
Office: kim hill real estate group
MLS#:602160
Source:TX_FRAR
Price summary
- Price:$3,988,293.26
About this home
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.
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Home facts
- Listing ID #:602160
- Added:7 day(s) ago
- Updated:January 26, 2026 at 03:15 PM
Structure and exterior
- Lot area:116 Acres
Schools
- High school:Gatesville
- Middle school:Gatesville
- Elementary school:Gatesville
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,988,293.26
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