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Listed price in listed location currency (USD).
$624,000

000

MLS® 608128

Overview

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes 
Days Active 6
Lot Size 24 acres
Approx. Age 
MLS® Number 608128

Property Address: TBD Fm 116, Gatesville, TX, 76528

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number608128
Laundry Level
Central VacNo
FireplaceNo
Acreage24
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$624,000List Price

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