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 completed—streamlining 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 Hood—one of the largest military installations in the United States—drives 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.
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Zillow last checked:
Listing updated:
Listed by:
Kim Hill(254)277-1820,
Kim Hill Real Estate Group
Source: Central Texas MLS,MLS#: 608128Originating MLS: Fort Hood Area Association of REALTORS
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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.
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Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.