201 FM 116, Gatesville, TX 76528 (MLS # 551982)

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PRICE $3,900,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 124.00 ac

Central Texas Development Land for Sale in Gatesville, TX. This prime 124-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. 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.

DAYS ON MARKET 44 LAST UPDATED 7/26/2024
TRACT Airport Annex YEAR BUILT 0
COUNTY Coryell STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Gatesville
Jr. High School Gatesville
High School Gatesville


ADDITIONAL DETAILS
LOT 124 acre(s)
LOT DESCRIPTION City Lot
SEWER Public Sewer
SUBDIVISION Airport Annex
UTILITIES Electricity Available
VIEW Yes
VIEW DESCRIPTION Pond
WATER Public
WATER ACCESS Pond/Stock Tank
ZONING Commercial
MORTGAGE CALCULATOR
   

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Listed with United Country H5 Auction & RE
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