201 FM 116

Gatesville, TX 76528
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124.00 Lot Acres
Residential Lots

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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. The town's central position offers access to major highways and proximity to Fort Cavazos (formally known as Fort Hood), Waco, Temple, and Killeen, as well as being a reasonable drive to Austin, DFW, and Houston, ensuring demand for housing and commercial spaces. This development land is a rare opportunity in a growing region.

MLS#
SMABOR-551982
List Price
$3,900,000
Listing Status
For Sale
Address
201 FM 116
City
State
TX
Zip Code
Subdivision
Airport Annex
Legal Description
Airport Annex, Block 13, Acres 31.76 & Western Annex, Block 9, Acres 11.0 & 0912 W Suggott, Acres 81.24
Property Type
Residential Lots
Architecture Style
Other
Lot Size
124.00 Lot Acres/Appraisal District

Lot information

Lot Size
124.00 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Central Texas MLS
Source last updated Jul 28, 2024 at 02:33 AM
Listing last updated Jul 26, 2024 at 04:10 AM
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201 FM 116, Gatesville, TX 76528. View photos, map, tax, nearby homes for sale, home values, school info...

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