REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Aug

Tue

Aug

Wed

Aug

Bobby Spradley

bobby@spradleyproperties.com +1(254) 541-2533

$ 2,200,000

Est. payment -/mo

Save

Active

TBD FM 116 Gatesville, TX 76528

42.76 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 567965

Construction Status Resale

HOA Y/N No

Lot Size 42.760 Acres

Acres 42.76

Property Sub-Type Commercial

Property Description

Central Texas Development Land for Sale in Gatesville, TX. This prime 42.76-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. There is more acreage available.

Location

State TX

County Coryell

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Community Features None

Amenities Available None

View Y/N No

Water Access Desc Other,See Remarks

View None

Accessibility None

Building

Entry Level None

Foundation None

Sewer Other, See Remarks

Water Other, See Remarks

Level or Stories None

Construction Status Resale

Schools

Elementary Schools Gatesville

Middle Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Tax ID 115860

Listed by Kim Hill • United Country H5 Auction & RE

GET MORE INFORMATION

Bobby Spradley

+1(254) 541-2533

Licensed Texas Realtor® | Broker | License ID: 464664

Licensed Texas Realtor® | Broker License ID: 464664

Bobby Spradley

TBD FM 116 Gatesville, TX 76528

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

TBD FM 116