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.
Active
$624,000
Tbd Fm 116, Gatesville, TX 76528
--beds
--baths
24Acres
Unimproved Land
Built in ----
24 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibilityCity utilities availableHigh-demand growth corridor
- 163 days
- 13
- 0
Zillow last checked:
Listing updated:
Listed by:
Kim Hill (254)277-1820,
Kim Hill Real Estate Group
Source: Central Texas MLS,MLS#: 608128
Originating MLS: Fort Hood Area Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Exterior features: None
- Pool features: None
- Fencing: Barbed Wire,Partial
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
- Body of water: Pond/Stock Tank
Lot
- Size: 24 Acres
Details
- Additional structures: None
- Additional parcels included: 108111
- Parcel number: 115860
- Zoning description: Bus Com & AgSub Home
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Western Annex & W Suggott
HOA
- Has HOA: No
Location
- Region: Gatesville
Financial & listing details
- Date on market: 3/23/2026
- Cumulative days on market: 164 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $624,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 76528
Nearby schools
Schools provided by the listing agent
- Elementary: Gatesville
- Middle: Gatesville
- High: Gatesville
- District: Gatesville ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






