Property Details:
- County or Parish
- Coryell
- Lot Size
- Over 100 Acres
- Lot Size (Acres)
- 116.0000
- Lot Size Area
- 116.0000
- Lot Size (Square Feet)
- 5052960.0000
- Association Type
- None
- Restrictions
- Deed
- Zoning Description
- Commercial and Ag Suburbia
School Information:
- School District
- Gatesville ISD
- Elementary School
- Gatesville
- Intermediate School
- Gatesville
- Junior High School
- Gatesville
- High School
- Gatesville
Exterior Information:
- Lot Features
- Acreage,Agricultural
- Lot Size
- Over 100 Acres
- Acres
- 116.0000
- Waterfront
- No
Farm and Ranch Info:
- Barns Count
- 0
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 21158206
201 FM-116
Gatesville, Texas
$3,988,293
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Type: Land
Remarks: Approximately 116 acres of city-annexed development land in Gatesville, Texas, offering a rare master-planned opportunity positioned for commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. Strategically located with frontage and access along Texas FM 116 and Old Pidcoke Road, the property provides excellent visibility, multiple access points, and the ability to separate uses and traffic patterns, making it well suited for anchor retail or service commercial along the frontage with flex, light industrial, logistics, or distribution uses and residential or workforce housing positioned behind. City utilities are available, and the property maintains AG tax status, allowing favorable holding costs during planning, entitlement, and phased development. The site is located directly across from the Gatesville Municipal Airport, providing regional air access for corporate users, contractors, government agencies, defense-adjacent operations, and logistics support. The property is also located near Fort Hood, one of the largest military installations in the United States, driving sustained demand for housing, retail services, logistics, medical, and industrial development. The region benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth tied to military, defense, manufacturing, and transportation sectors. Gatesville offers a business-friendly environment, low crime rate, stable workforce, and favorable tax climate, with convenient access to Waco, Temple, and Killeen and reasonable drive times to Austin, Dallas–Fort Worth, and Houston. This tract supports phased or multi-user development, campus-style projects, or master-planned mixed-use concepts with multiple exit strategies and long-term upside in a growing Central Texas corridor.
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Listed by: Kim Hill
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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