Description
Prime 24± acre development opportunity located within the city limits of Gatesville, Texas, featuring paved frontage along Texas FM 116 with excellent visibility, access, and scalability. This tract is ideally positioned for residential development, with city utilities available and full annexation already completedstreamlining the entitlement and development process. The property currently maintains an AG exemption, offering reduced holding costs during planning and development phases. Its strategic location near Fort Hoodone of the largest military installations in the United Statesdrives consistent demand for housing, logistics, medical, and defense-related services. Gatesville continues to see steady growth, supported by its proximity to major Central Texas markets including Waco, Temple, and Killeen, with convenient access to Austin, Dallas-Fort Worth, and Houston. The area also benefits from expanding aerospace and advanced manufacturing activity in the region, including SpaceX operations, contributing to long-term economic stability and job growth. This is a scalable, infrastructure-ready investment opportunity in a high-demand growth corridor. Additional contiguous acreage available. Acreage is approximate and boundary lines are subject to change.
Details
| MLS # | 608128 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 157 |
| Listing Provided By | Kim Hill Real Estate Group | Kim Hill |
Features
| Zoning | Bus Com & AgSub Home |
|---|---|
| Acreage | 24.00 |
| Property View | Yes |
Location
| Community Features | None |
|---|
Area Information
| State | TX |
|---|---|
| County | Coryell |
| City | Gatesville |
| Zip Code | 76528 |
| Community Name | Western Annex & W Suggott |
| Listing VS Median (in Western Annex & W Suggott) | |
Price: $624,000 low | high Med: $0 On site: 157 low | high Med: | |
Market Activity 76528
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Learn More About This Property
| State | TX |
|---|---|
| County | Coryell |
| City | Gatesville |
| Zip Code | 76528 |
| Community Name | Western Annex & W Suggott |
| Listing VS Median (in Western Annex & W Suggott) | |
Price: $624,000 low | high Med: $0 On site: 157 low | high Med: | |
 | $2,200,000Tbd Fm 116Gatesville, TX 76528 |