Skip to main contentSkip to navigation
1 / 14
Images
Map
Street

Land for Sale in Gatesville, Texas

FM 116, Gatesville, TX 76528

$624,000
24 acres
Active sale
ago
Est $4,854/mo

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
Community
Western Annex & W Suggott
School district
Gatesville ISD
Elevation
858 feet
Coordinates
31.4283, -97.7848

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

Details and features

Listing

Type
Land
Address
FM 116

Lot

Features
Acreage, City Lot, Level, Views

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameTypeDistrict
GatesvilleElementaryGatesville ISD
GatesvilleMiddleGatesville ISD
GatesvilleHighGatesville ISD

Listing history

DateEventPriceChangeSource
Mar 23, 2026New listing$624,000SMABOR
Subscribe to listing updates

Payment calculator

This 24-acre property is located at FM 116 in Gatesville, TX 76528. The property is available for sale for $624,000 with a price per acre of $26,000.

Checked 2 hours ago — Updated

Report listing issue

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact