Gatesville, TX 76528,201 FM-116
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$ 4,400,000
Est. payment | /mo

124 Acres Lot


$ 4,400,000
Est. payment | /mo

124 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Airport Annex

MLS Listing ID 20684834

HOA Y/N No

Lot Size 124.000 Acres

Acres 124.0

Property Sub-Type Unimproved Land

Property Description

Central Texas Development Land for Sale in Gatesville, TX. This prime 124-acre tract in Coryell County, annexed into the city limits, offers opportunities for commercial, industrial, and residential development. With 4,500 ft. of paved frontage on Texas FM 116, the commercial frontage is divided into two tracts, ideal for phased development. The strategic location and visibility make it suitable for retail, hospitality, medical, office, or government facilities. Additionally, the property has city utilities available and AG tax status, providing cost benefits during development. The property boasts its own source of road base material, ideal for road construction, offering significant cost savings for development. Gatesville, with its low crime rate, favorable tax climate, and strong economy, is attractive for businesses and homeowners. This development land is a rare opportunity in a growing region.

Location

State TX

County Coryell

Zoning Commercial

Direction From Gatesville heading West on Hwy 84 (Main St), turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage. GPS to entrance: 31.4238, -97.7808

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Topography Rolling

Street Surface Asphalt

Road Frontage County Road, Highway

Building

Lot Description Acreage, Mature Trees

Sewer Public Sewer

Water Public

Schools

Elementary Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Tax ID 111168

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agent
RE/MAX Roya Home Team

Agent | License ID: 90007668

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201 FM-116