201 Fm-116, Gatesville, Texas

MLS ID: 20684834

Status: Active

Price: $3,900,000

Acres: 124±

Type: Unimproved, Land

Address: 201 Fm-116

City, State: Gatesville, TX

County: Coryell County

ZIP Code: 76528

Lat/Long: 31.4213145, -97.78864

Parcel Number: 111168

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.

Directions: 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

Additional Information

Exterior

Lot Features: Acreage, Mature Trees

Lot Size Area: 124

Lot Size Square Feet: 5,401,440

Road Frontage Type: County Road, Highway

Road Surface Type: Asphalt

Water Source: Public

Financial/HOA/Schools

Elementary School: Gatesville

Elementary School District: Gatesville ISD

Middle School District: Gatesville ISD

High School: Gatesville

High School District: Gatesville ISD

Subdivision Name: Airport Annex

Zoning Description: Commercial

Extra Information

Documents Available: Aerial, Topographical Survey

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20684834

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: January 15, 2025 at 12:00:00 AM UTC

Listed By: Kim Hill of United Country H5 Auction & Re