ActiveLand · sale

201 FM 116

Gatesville, TX 76528

$3,988,293

  • 116 acres

Listed by Kim Hill Real Estate Group · MLS #602160

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201 FM 116, Gatesville, TX 76528 · MLS #602160

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A FEW THINGS TO NOTICE

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Property size

116 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

THE NEIGHBORHOOD

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201 FM 116, Gatesville, TX 76528

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THE DETAILS

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Property type
Land
Category
Land
Utilities
ElectricityAvailable
Fencing
CrossFenced,Perimeter
Subdivision
Airport Annex
Parcel
111168
Elementary school
Gatesville
Middle school
Gatesville
High school
Gatesville

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #602160 · Central Texas MLS

Listing brokerage: Kim Hill Real Estate Group
Listing agent: Kim Hill

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.