TBD Fm 116, Gatesville, TX 76528

Gatesville
Local realty services provided by:Better Homes and Gardens Real Estate Winans
TBD Fm 116,Gatesville, TX 76528
$624,000
Virtual Tour
  • 24 Acres
  • Lots / Land
  • Active
Listed by: kim hill
Office: kim hill real estate group
MLS#:608128
Source:TX_FRAR

Price summary

  • Price:$624,000

About this home

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...

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Home facts

  • Subdivision & Development:Western Annex & W Suggott
  • Listing ID #:608128
  • Added:152 day(s) ago
  • Updated:August 23, 2026 at 02:21 PM

Structure and exterior

  • Lot area:24 Acres

Schools

  • High school:Gatesville
  • Middle school:Gatesville
  • Elementary school:Gatesville

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$624,000
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