
Land for Sale in Gatesville, Texas
FM 116, Gatesville, TX 76528
Prime 24+/- acre development opportunity located within the city limits of Gatesville, Texas, featuring paved frontage along Texas FM 116 with excellent visibility, access, and scalability. This tract is ideally positioned for residential development, with city utilities available and full annexation already completed-streamlining the entitlement and development process. The property currently maintains an AG exemption, offering reduced holding costs during planning and development phases. Its strategic location near Fort Hood-one of the largest military installations in the United States-drives consistent demand for housing, logistics, medical, and defense-related services. Gatesville continues to see steady growth, supported by its proximity to major Central Texas markets including Waco, Temple, and Killeen, with convenient access to Austin, Dallas-Fort Worth, and Houston. The area also benefits from expanding aerospace and advanced manufacturing activity in the region, including SpaceX operations, contributing to long-term economic stability and job growth. This is a scalable, infrastructure-ready investment opportunity in a high-demand growth corridor. Additional contiguous acreage available. Acreage is approximate and boundary lines are subject to change.
Location
- Street address
- FM 116
- County
- Coryell County
- Community
- Western Annex & W Suggott
- School district
- Gatesville ISD
- Elevation
- 858 feet
Directions
From Gatesville head West on Hwy 84 (Main St) and turn left on to FM 116. Property will be on your left. Follow FM 116 and turn left onto Old Pidcoke Rd for gate access to property.
Property details
- Acreage
- 24 acres
- Zoning
- Bus Com & AgSub Home
- MLS #
- SMABOR 608128
- Posted
Parcels
- 115860
Legal description
1+/- Acre out of Western Annex, Block 9, Acres 11.0 and 23+/- Acres out of 0912 W Suggott, Acres 81.24
Details and features
Listing
- Type
- Land
- Address
- FM 116
Lot
- Features
- Acreage, City Lot, Level, Views
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type | District |
|---|---|---|
| Gatesville | Elementary | Gatesville ISD |
| Gatesville | Middle | Gatesville ISD |
| Gatesville | High | Gatesville ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 23, 2026 | New listing | $624,000 | — | SMABOR |
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