Location
Central Texas Development Land for Sale in Gatesville, TX. This prime 116-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.
Property Details
Price:
$4,116,130
MLS #:
20684834
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
Airport Annex
Listed Date:
Jul 26, 2024
Lot Size:
5,052,960 sqft / 116.00 acres (approx)
Schools
School District:
Gatesville ISD
Elementary School:
Gatesville
High School:
Gatesville
Interior
Exterior
Lot Size Area
116.0000
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address201 FM-116 Gatesville TX
- SubdivisionAirport Annex
- CityGatesville
- CountyCoryell
- Zip Code76528
Subdivisions in Gatesville
- 5155
- A Arocha
- A Blunt
- Airport Annex
- ALFORD RANCH ESTATES
- Alford Ranch Estates Unrecorded
- B E Bee
- B Eilers
- B Grandville
- Buckner
- Cedar Mountain Est
- CEDAR MOUNTAIN ESTATES
- Cedar Ridge
- Country Club Estates
- Creek Cliff Estate
- Crestview
- D Clark
- D Pinkerton
- G Cassilas
- G W Carlisle
- G W Kersey
- G W Robinson
- Gatesville
- Geo Bachman
- H L Marshall
- H REED
- H Smith
- Ht & Brr Co
- Indian Hills
- J Burns
- J Clift
- J Thompson
- J Timmons
- J Winn
- JA Auten
- Jones Subd
- L J Latham
- Lakewood Greens Part 2
- N Robertson
- New
- Northern Annex
- Original Town Gatesville
- Richardsons Mountain
- River Place West # 5
- S Evetts
- Southeast Annex
- Stoneridge
- Stoneridge Estates Final
- T F DORSEY
- T W Marshall
- Westview
Market Summary
Current real estate data for Land in Gatesville as of Oct 09, 2025
35
Land Listed
158
Avg DOM
$816,911
Avg List Price
Property Summary
- Located in the Airport Annex subdivision, 201 FM-116 Gatesville TX is a Land for sale in Gatesville, TX, 76528. It is listed for $4,116,130 and features 116 acres. To schedule a showing of MLS#20684834 at 201 FM-116 in Gatesville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
201 FM-116
Gatesville, TX