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  • $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
    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.
    117 days
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    12
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    1
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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#: 608128MLS LogoOriginating 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: 118 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

        DateEventPrice
        3/23/2026Listed for sale$624,000
        Source: Central Texas MLS #608128 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

        4 / 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: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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