Homes for sale - 201 FM 116, Gatesville, TX 76528

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Heather Witte

team@wittegrp.com +1(512) 717-0516

$3,900,000

Est. payment - /mo

124 Acres Lot

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UPDATED:

09/30/2024 05:31 PM

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Subdivision Airport Annex

MLS Listing ID 551982

Construction Status Resale

HOA Y/N No

Lot Size 124.000 Acres

Acres 124.0

Property Sub-Type Acreage

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. 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.

Location

State TX

County Coryell

Interior

Fireplace No

Exterior

Fence Cross Fenced, Perimeter

Community Features None

Utilities Available Electricity Available

Water Access Desc Public

View Pond

Building

Sewer Public Sewer

Water Public

Additional Building None

Construction Status Resale

Schools

Elementary Schools Gatesville

Middle Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Tax ID 111168

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Kim Hill • United Country H5 Auction & RE

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Heather Witte

+1(512) 717-0516

Broker Associate | License ID: 550616

Broker Associate License ID: 550616

201 FM 116 Gatesville, TX 76528

Heather Witte

Key Details

Location

Interior

Exterior

Building

Schools

Others

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