$ 3,900,000
201 FM-116 Gatesville, TX 76528
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$ 3,900,000
Est. payment | /mo
124 Acres Lot
$ 3,900,000
Est. payment | /mo
124 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Airport Annex
MLS Listing ID 20684834
HOA Y/N None
Lot Size 124.000 Acres
Acres 124.0
Property Description
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. This development land is a rare opportunity in a growing region.
Location
State TX
County Coryell
Zoning Commercial
Direction From Gatesville heading West on Hwy 84 (Main St), turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage. GPS to entrance: 31.4238, -97.7808
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Street Surface Asphalt
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Gatesville
High Schools Gatesville
School District Gatesville Isd
Others
Restrictions Other
Ownership Krista Moreland
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Listed by Kim Hill • United Country H5 Auction & Re