201 FM 116, Gatesville, TX 76528
Airport Annex · Coryell County
Key Facts
Description
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.
Property Information
Property Type
Land
Lot Size
116.00 acres
MLS® Listing#
602160
Property Features
Fencing
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Gatesville
- Middle:
- Gatesville
- High:
- Gatesville
Financial Details
HOA
None
Parcel Number
111168
Directions
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.
Affordability Calculator
$797,659
Estimated monthly payment
$21,227/mo
Principal $3,190,635 · Est. interest $4,451,219 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gatesville, TX
- $339,286
- Median Listing Price
- 96
- Median Days on Market
- 1,706
- Median Sq Ft
- $181
- Median Price / Sq Ft
- 95
- Active Listings
- This home’s price is 1075% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gatesville, TX.
Location
Points of Interest in Gatesville, TX
Showing the Gatesville area map.
Nearby Schools
Gatesville Isd
School · 3.7 mi away
Gatesville Independent School District
School · 3.7 mi away
Gatesville High School
Secondary · 3.8 mi away
Gatesville High School Art BLD
Secondary · 3.8 mi away
Gatesville Elementary School
Elementary · 3.8 mi away
Gatesville Pri
Elementary · 3.9 mi away
Gatesville Intermediate School
Secondary · 4.0 mi away
Central Texas College - Gatesville
School · 4.4 mi away
Jonesboro Independent School District
School · 14.4 mi away
Oglesby Independent School District
School · 16.2 mi away
Audie Murphy Middle School
Secondary · 19.4 mi away
Duncan Elementary School
Elementary · 19.6 mi away
House Creek Elementary School
Elementary · 19.9 mi away
Oveta Culp Hobby Elementary
Elementary · 20.0 mi away
Meadows Elementary School
Elementary · 20.3 mi away
Early College High School
Secondary School · 20.3 mi away
Killeen Independent School District
Secondary · 20.5 mi away
West Ward Elementary School
Elementary · 20.5 mi away
S C Lee Junior High School
Secondary · 20.6 mi away
Crawford Elementary School
Elementary · 20.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 200 King Ranch Road, Gatesville, TX | $2,900,000 | — | — | 8,200 |
| TBD Tx-36, Gatesville, TX | $3,368,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Gatesville
Listing Courtesy: Kim Hill Real Estate Group - (254) 277-1820