18
See all 18 photos
$2,200,000
Est. payment /mo
42.76 Acres Lot
Active
TBD FM 116 Gatesville, TX 76528
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UPDATED:
01/25/2025 12:04 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 567965
Construction Status Resale
HOA Y/N No
Lot Size 42.760 Acres
Acres 42.76
Property Sub-Type Commercial
Property Description
Central Texas Development Land for Sale in Gatesville, TX. This prime 42.76-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. There is more acreage available.
Location
State TX
County Coryell
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Community Features None
Amenities Available None
View Y/N No
Water Access Desc Other,See Remarks
View None
Accessibility None
Building
Entry Level None
Foundation None
Sewer Other, See Remarks
Water Other, See Remarks
Level or Stories None
Construction Status Resale
Schools
Elementary Schools Gatesville
Middle Schools Gatesville
High Schools Gatesville
School District Gatesville Isd
Others
Tax ID 115860
Listed by Kim Hill • United Country H5 Auction & RE