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$ 2,200,000
Est. payment | /mo
42.76 Acres Lot
$ 2,200,000
Est. payment | /mo
42.76 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Western Annex
MLS Listing ID 602157
Construction Status Resale
HOA Y/N No
Lot Size 42.760 Acres
Acres 42.76
Property Sub-Type Commercial
Property Description
42.76 acres of city-annexed development land in Gatesville, Texas offering approximately 4,500 feet of paved frontage along Texas FM 116 with excellent visibility, access, and scalability. The property is positioned for commercial, industrial, mixed-use, institutional, or employment-driven development and supports phased or multi-user development, with FM 116 frontage divided into two tracts. A key strategic advantage is the property's location directly across from the Gatesville Municipal Airport, providing immediate regional air access for corporate users, logistics operations, government agencies, defense contractors, and executive travel. City utilities are available, and the entire tract has been annexed into the City of Gatesville, simplifying entitlement and development planning. The property currently maintains AG tax status, allowing for favorable holding costs during planning, entitlement, and development phases. An on-site source of road base material may significantly reduce infrastructure and roadway construction costs, creating meaningful savings for developers. The site is located near Fort Hood, one of the largest military installations in the United States, driving sustained demand for housing, logistics, medical, industrial, and defense-adjacent uses. The region also benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth. 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 is a scalable, infrastructure-ready development opportunity in a growing Central Texas corridor. Additional contiguous acreage is available.
Location
State TX
County Coryell
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Community Features None
Amenities Available None
View Y/N No
Water Access Desc Other,See Remarks
View None
Accessibility None
Building
Entry Level None
Foundation None
Sewer Other, See Remarks
Water Other, See Remarks
Level or Stories None
Construction Status Resale
Schools
Elementary Schools Gatesville
Middle Schools Gatesville
High Schools Gatesville
School District Gatesville Isd
Others
Tax ID 115860
Listed by Kim Hill • Kim Hill Real Estate Group