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Central Texas Multiple Listing Service

Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Fay Group Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

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Home / Gatesville / FM 116
FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 FM 116 Gatesville, TX 76528 View All Photos

$624,000

| Active

FM 116

Gatesville, TX 76528

0.00
Acres
179
Days on Market
608128
MLS#
Land
Structure
Residential
Zone
Contact

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.

Property Details
View
Pond
Acres
0.001
Lot Size (sqft)
24.0
Property Type
Purchase
Property Subtype Additional
Acreage
Sewer Information
Public Sewer
Utility Source
Public
Utility Features
Electricity Available, Water Available
Subdivision
Western Annex & W Suggott
School District
Gatesville ISD
Elementary School
Gatesville
Middle School
Gatesville
High School
Gatesville
County
Coryell
Region
Gatesville
Original List Price
$624,000
Days on Market (Cumulative)
179
MLS #
608128
Property Subtype
Acreage
Fence
1
Parcel Number
115860
MLS #
608128
Property Condition
Resale
Date Listed
March 23, 2026
Address
FM 116
Location
Legal

Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Fay Group Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

Provided By
Listed by Kim Hill (#H592248000)
Listing Office: Kim Hill Real Estate Group (#H795554427)

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