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Land for Sale in Gatesville, Texas

FM 116, Gatesville, TX 76528

$2,200,000
42.8 acres
Active
Est $18,004/mo

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.

Strategic Location and Accessibility

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

Street address
FM 116
Elevation
906 feet
Coordinates
31.4192, -97.7889

Property details

Acreage
42.76 acres
Posted

Listing history

DateEventPriceChangeSource
June 18, 2025New listing$2,200,000Listing agent
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This 42.76-acre property is located at FM 116 in Gatesville, TX 76528. The property is available for sale for $2,200,000 with a price per acre of $51,450.

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