1. Texas
  2. Gatesville
  3. TBD FM 116
$2,200,000

TBD FM 116, Gatesville, TX 76528

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon42.76acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Date Added:
January 24, 2025 at 06:00AM
Listing Office:
United Country H5 Auction & RE : (903) 387-6647
Listing Agent:
Kim Hill : (254) 277-1820
MLS ID:
567965
  • A/C: None
  • Heating: None
  • Disability Feature: None

This listing courtesy of Kim Hill, United Country H5 Auction & RE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gatesville Primary School

308 Hornet Way, Gatesville, TX, 76528

Grades PK-KG

3.74 miles away

G

Gatesville Jr High School

307 S Lovers Ln, Gatesville, TX, 76528

Grades 7-8

3.62 miles away

G

Gatesville High School

205 S Lovers Ln, Gatesville, TX, 76528

Grades 9-12

3.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.