TX
Coryell
Gatesville
76528
201 FM 116
201 FM 116, Gatesville, TX 76528
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Listing Type
Lots/Land
Listing Status
Active
29
$3,988,293

Home Details for 201 FM 116

Price
$3,988,293
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
116
County
Coryell
Garage
Days on site
37
MLS Listing#
602160
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.

Property Features
  • Water Features
    • Public
  • Utilities
    • Electricity Available
School Information
School Information for 201 FM 116, Gatesville, TX 76528
Elementary School
Gatesville
Middle School
Gatesville
High School
Gatesville
Listing Courtesy: Kim Hill Real Estate Group - 254-277-1820
Information is provided exclusively for consumers personal, non - commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026, Central Texas Board of REALTORS
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Market statistics compiled from data from Central Texas MLS.
EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549
Greg Ruehlen
Franchisee
Office
254 781 2012
Agent
254 394 2000
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