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Lot/land
  • $3,988,293

    201 Fm 116, Gatesville, TX 76528

    --beds
    --baths
    116Acres
    Unimproved Land
    Built in ----
    116 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent visibilityMultiple access points
    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.
    185 days
    |
    6
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Hill 0592248,

    Kim Hill Real Estate Group 254-277-1820

    Source: NTREIS,MLS#: 21158206

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 116 Acres
      • Features: Acreage, Agricultural, City Lot
      Details
      • Parcel number: 111168
      • Zoning description: Commercial and Ag Suburbia

      Utilities & green energy

      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Airport Annex
      HOA
      • Has HOA: No
      Location
      • Region: Gatesville

      Financial & listing details

      • Date on market: 1/23/2026
      • Cumulative days on market: 709 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/25/2026Price change$3,900,000-2.2%
        Source: United Country #05071-24167 Report a problem
        1/23/2026Listed for sale$3,988,293-3.1%
        Source: Central Texas MLS #602160 Report a problem
        1/1/2026Listing removed$4,116,130
        Source: NTREIS #20684834 Report a problem
        10/3/2025Price change$4,116,130-6.5%
        Source: Central Texas MLS #551982 Report a problem
        3/26/2025Price change$4,400,000+12.8%
        Source: Central Texas MLS #551982 Report a problem
        7/26/2024Listed for sale$3,900,000
        Source: NTREIS #20684834 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76528

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gatesville
        • Middle: Gatesville
        • High: Gatesville
        • District: Gatesville ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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