201 FM 116
Gatesville, TX, 76528 $ 3,900,000
Baths0.0 Monthly Estimate*
$ 23,357
Studio
for $3,900,000. The lot size is 124.
Central Texas Development Land for Sale in Gatesville, TX. This prime 124-acre tract in Coryell County, annexed into the city limits, offers opportunities for commercial, industrial, and residential development. With 4,500 ft. of paved frontage on Texas FM 116, the commercial frontage is divided into two tracts, ideal for phased development. The strategic location and visibility make it suitable for retail, hospitality, medical, office, or government facilities. Additionally, the property has city utilities available and AG tax status, providing cost benefits during development. The property boasts its own source of road base material, ideal for road construction, offering significant cost savings for development. Gatesville, with its low crime rate, favorable tax climate, and strong economy, is attractive for businesses and homeowners. The town's central position offers access to major highways and proximity to Fort Cavazos (formally known as Fort Hood), Waco, Temple, and Killeen, as well as being a reasonable drive to Austin, DFW, and Houston, ensuring demand for housing and commercial spaces. This development land is a rare opportunity in a growing region.
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FeaturesGeneralSewer PublicSewer
Utilities ElectricityAvailable
Possession ClosingFunding Closing
View Pond
Topography Rolling
Property SubType Acreage
Community Features None
Additional Parcels Description 115860 & 108111
County Coryell
New Construction N
Property Type Land
Home Owner Assoc N
Attached Garage N
Subdivision Name Airport Annex
Garage Y/N N
Other Structures None
Status Active
Directions 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.
High School Gatesville
City Gatesville
Body of Water Pond/Stock Tank
Disclosures AgriculturalExemption
View Y/N N
Senior Community Y/N N
High School District Gatesville ISD
Zoning Description Commercial
Waterfront Y/N N
Carport Y/N N
Elementary School Gatesville
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Gatesville
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 5
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Gatesville ISD
Elementary School District Gatesville ISD
Property Sub Type Additional Acreage
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ExteriorFencing CrossFenced Perimeter
Water Source Public
Number of Buildings 0
Spa N
Lot Size Acres 124.0
Road Surface Type Paved
Road Frontage Type CountyRoad Highway
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesList ByUnited Country H5 Auction & ReBroker
kim@hillcountrypros.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $23,357
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Gatesville, TX
Average List Price $398,096
Percent of Sale Price 90%
About Gatesville, TX 12,452 Population
0% Since 2002
$ 42,219 Median Income
37.43 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
2350778 Elementary School
2350592 Middle School
Gatesville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/26/2024 | $3,900,000 | | Listed Price |