Kim Hill
Real Estate Group
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Prime 24± acre development opportunity located within the city limits
Active

TBD FM 116, Gatesville, TX 76528

Prime 24± acre development opportunity located within the city limits

$624,000
Overview

About this property

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 boudary lines are subject to change.

Property Details

The detail

Property Type
Commercial
County
Coryell
School District
Gatesville ISD
Ag Exemption
Yes
MLS
608128
Map

Gatesville, TX · Gatesville ISD

TBD FM 116, Gatesville, TX 76528

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Kim Hill
Kim Hill
Broker and Accredited Land Consultant
Kim Hill Real Estate Group
Co-listed with ALC

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Acreage and square footage per county appraisal district. Buyer to verify independently. Information deemed reliable but not guaranteed.

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