Land for Sale in Gatesville, Texas

201 FM 116 Gatesville, TX 76528

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$3,900,000
124 acres
Active sale agoEst $32,192/mo

Central Texas Development land for sale

Excellent future income opportunities for a real estate developer, on this large tract of development land for sale in Coryell County Texas. Central Texas is experiencing land development at a pace never seen before in history. This rare real estate listing offers an opportunity for commercial, industrial and residential development.

Central Texas commercial land for sale

This large land tract is well suited for the commercial developer with the properties 4500 ft. of paved road frontage on Texas FM 116. The commercial road frontage tract is split into two separate tracts, making it even more attractive for subdividing further, as a phase one ( 11 acres ) and phase two ( 31 acres ) development structure. The property boasts its own source of road base material, ideal for road construction, offering significant cost savings fr development. Your new Texas property is well positioned for retail, hospitality, medical, big box, office or governmental facilities. Rest assured, no matter what the intended uses are for this central Texas land is, or who the end user commercial clients you want to attract are, any one of them will be impressed with each having their own great public visibility and signage.

Residential land for sale in Gatesville Texas

With an ever increasing demand for central Texas homes for sale, small ranches, and Texas horse properties. This 90 acre land tract with city utilities on or near the property is well positioned for a residential subdivision. All three properties are currently being taxed at AG status and will be less costly to own as the new owner completes the entitlement process. The 90 acres has over 3800 ft of road frontage on a secondary paved road providing great access points for the new residential home owners choosing to call this area home.

Where is good central Texas development land for sale?

Your answer is Gatesville Texas. Gatesville has many advantages over other communities, including community attitude, labor availability, cost of living, housing costs, community school system, and local tax climate with a low tax rate and strong tax abatement program. Gatesville has a sound economy with strong financial institutions. If your business is looking to relocate, this property just may have the site you're looking for! Here are just a few of the things that make Gatesville a prime location for your central Texas real estate land development. Gatesville is centrally located in the Heart of Texas at the intersection of State Highways 84 and 36, giving easy access to I35, for commerce and trade transportation.

Why Gatesville is a good choice for land development?

Gatesville is a diverse community with an economy based on retail, agriculture, and criminal justice. Gatesville has steadily grown their relationship with the Texas Department of Criminal Justice since 1989 and there are currently several prisons in the area providing great jobs and sound need for housing. There are many advantages for locating your business here or for calling Gatesville home. Gatesville citizens enjoy one of the lowest crime rates in the state, along with one of the highest percentages of closed cases and recovered property. New home owners do enjoy both.

Gatesville enjoys an unemployment rate of 3.6%, and draws from a labor pool encompassing an area of approximately 40 miles, including portions of the Waco MSA, with a labor force of 99,500. The Temple/Killeen MSA includes a total civilian labor force of 114,000, with an unemployment rate of 4.3%. With Fort Cavazos (formally known as Fort Hood) being just an hour away, many military support families are located here as well.

Coryell Health located here in Gatesville, is governed by a local board. A full care system, Coryell Health can provide the latest healthcare and emergency services as well as residential and home health services. There are a number of additional medical facilities within 30 minutes of Gatesville. Carl R. Darnall Army Medical Center, Metroplex Health System, and the Baylor Scott & White McLane Children's Medical Center.

The Gatesville Municipal Airport is a general aviation airport consisting of a 3,400 foot runway with Visual Flight Rules approach and Automated Weather Observation System that is accessible by telephone or aircraft radio. Located 3 miles west of Gatesville, the airport has services provided by Centex Aviation.

Gatesville Texas making development approvals a streamlined process for developers

The Gatesville town fathers continue to keep things simple for central Texas land use. Encouraging growth and renewal through a planned process with a uniform set of standards the community will continue in a safe and progressive path into the future. Below is a link for your review of the basics of land use and development in Gatesville.

https://www.gatesvilletx.com/developmentservices/page/development-review

Can the larger 90 acre land tract be used as Texas Industrial land development?

This being the largest of the parcels offered, and not identified as of today for its future land use. The short answer is yes. This larger parcel would make a great site for manufacturing, energy industry, and light industrial, including transportation related industry. It makes sense for this use as the front property is identified future land use as commercial. Regardless of any use approved, the access to all parcels is excellent.

What Texas real estate company is best for selling commercial properties?

The answer is, United Country Real Estate and their Commercial Property Experts. As a division of United Country Real Estate, UC Commercial Properties has hundreds of offices nationwide, with brokers, agents and auctioneers specialized in a variety of commercial properties.

Our real estate professionals have expert knowledge with the listing and sales of commercial, industrial properties including existing businesses, former operations and vacant parcels of land. It's their goal to meet the distinct needs of buyer and seller alike.

Maybe you want to sell a versatile 5-story complex with apartments, office units and a restaurant in Central Texas. Or perhaps you picture a 16-acre development property in Texas with an RV park, cabins, boat rentals and a country store.

Whichever type of opportunity you seek, United Country will be there to guide you through the process and meet your real estate needs as your listing and marketing team to bring buyers attention to your property.

Who are the best Texas real estate brokers to sell your commercial property, farm or ranch?

Kim Hill, broker at, UCRE - H5 Auction & Realty/ offers an abundance of experience and knowledge of Texas commercial land and ranchland real estate for sale. As an ALC, Accredited Land Consultant, Realtree Land Pro, Certified Negotiation Expert (CNE), graduate of the Texas Realtors Leadership Program (TRLP) and a preferred realtor of the Veterans Land Board (VLB), Kim and her professional team can help with all your Texas commercial property needs. Kim's genuine and transparent candor combined with her win-win negotiating style and exceptional staff she employs has consistently ranked her in the top 1 percent amongst her peers in real estate sales volume over the last 10 years.

Michael Krieg, also with United Country Real Estate is a commercial/business properties expert, representing national and international brands looking for land for expansion or new building opportunities. He is also a member of the Realtors Land Institute, RLI. Michael is a seasoned professional in the land development genre as well as the hospitality industry of real estate. Michael works in 10 western U.S. states and Costa Rica for his clients looking to sell their properties or acquire more.

Location

Street Address
201 FM 116
Elevation
886 feet
Coordinates
31.4257, -97.7864

Property details

Date Posted

This 124-acre property is located at 201 FM 116 in Gatesville, TX 76528 with latitude 31.4257 and longitude -97.7864. The property is currently available for sale for $3,900,000 with a price per acre of $31,452.

Verify sale details at the property source or contact H5 Auction & Realty at (903) 686-0636.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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