Property Details:
- County or Parish
- Coryell
- Lot Size
- 1 to < 3 Acres
- Lot Size (Acres)
- 1.4800
- Lot Size Area
- 1.4800
- Lot Size (Square Feet)
- 64468.8000
- Zoning Description
- commercial
Interior Information:
- Ceiling Height
- 8 to10 Feet
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
- Flooring
- Concrete
- Stories Total
- 1
Exterior Information:
- Lot Features
- Acreage,Level
- Lot Size
- 1 to < 3 Acres
- Acres
- 1.4800
- Waterfront
- No
Commercial Info:
- Building Area Total
- 6000.00
- Building Use
- Bar/Taverns
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21402224
134 Airport Road
Gatesville, Texas
$250,000
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Type: Commercial Sale
Year Built: 1970
Remarks: Ask a Gatesville local where the good nights used to happen, and sooner or later you’ll hear “out by the old airport.” That was The Shandar, on Airport Road near the old Brown Airport..
The layout was pure Texas honky-tonk. Up front, a bar room with the main counter and a few pool tables. Through the back, a wide-open dance hall and a raised stage where regional bands played while the floor filled up. Cold beer, cue sticks, and live country music. Same recipe, same address the town still remembers.
Now 134 Airport Road sits inside the Gatesville city limits on 1.48 acres, beside Gatesville Municipal Airport (GOP) and inside a designated Opportunity Zone. The city airport is at 137 Airport Road, about three miles west of the square: a 3,400-foot runway, general aviation traffic, self-serve fuel, and Centex Aviation on the field. Pilots already know the road. Locals already know the name.
The Opportunity Zone is the quiet extra. Investors who reinvest eligible capital gains through a Qualified Opportunity Fund may qualify for federal tax benefits on a qualifying project here, including deferral and, with the required holding period, favorable treatment of new gains. Rules, deadlines, and tract status apply. A tax advisor should confirm before anyone underwrites it.
Bring it back as a bar and dance hall. Or lean into the runway: a fly-in hangout, pilot lounge and café, event barn, private club, or a mixed commercial use that puts aircraft, live music, and Highway 36 traffic in the same parking lot. The bones of a legend are here. The audience never really left. The tax map may help pay for the comeback.
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Listed by: Loni Jones
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321