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.
Property Details
Property Features
Listing Office:
Office Name: United Country H5 Auction & RE
Office Phone: (903) 387-6647
Listing Agent: Kim Hill
Exterior Features
Exterior Information:
View: Pond
Exterior: Fence
Lot Features
Lot Information:
Lot Size: 124.00 Acres
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $3,900,000
Tax Information:
Annual Amount: $58
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Gatesville, TX.
Last updated on: 12/22/2024, 4:16:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$58
$2,540
2020
$56
$2,540
2019
$56
$2,540
2018
$55
$2,380
2017
$53
$2,380
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Gatesville Elementary School
2537 E Main St
Distance between this listing and this school3.93 miles
Public District Grades 1-3
9
/10
Clarke Elementary School
51600 Comanche Ave
Distance between this listing and this school20.03 miles
Public District Grades KG-3
8
/10
Oveta Culp Hobby Elementary School
53210 Lost Moccasin
Distance between this listing and this school20.04 miles
Public District Grades PK-5
Nearby Schools
5
/10
Gatesville Jr High School
307 S Lovers Ln
Distance between this listing and this school3.79 miles
Public District Grades 7-8
4
/10
Gatesville Intermediate School
311 Hornet Way
Distance between this listing and this school4.00 miles
Public District Grades 4-6
5
/10
Audie Murphy Middle School
53393 Sun Dance Dr
Distance between this listing and this school19.45 miles
Public District Grades 6-8
Nearby Schools
4
/10
Gatesville High School
205 S Lovers Ln
Distance between this listing and this school3.77 miles
Public District Grades 9-12
5
/10
Jonesboro School
14909 E St Hwy 36
Distance between this listing and this school14.35 miles
Public District Grades PK-12
6
/10
Oglesby School
125 College Ave
Distance between this listing and this school16.26 miles
The neighbors living near this home have an average income of $40,500. Residents of Gatesville, TX typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 201 Fm 116
What is the listing price of this property?
The listing price of 201 Fm 116 property is $3,900,000.
What type of property is this?
The property 201 Fm 116 is land located in Gatesville, Texas, 76528.
Is this property for sale now?
Active Listing: 201 Fm 116 is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $58 (source: MLS/based on county public records data).
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This home is located at 201 Fm 116 in Gatesville, TX and zip code 76528. This home sits on a 124.00 acre lot. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $3,900,000.
In November 2024, from all listings sold in Gatesville, TX there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. In November 2024 in Gatesville, TX there were 12.3% more homes for sale than in October 2024. While the average time on the market in November 2024 was 16 days, the median list price was $185,000.
From Rocket Homes Real Estate and based on county public records data.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
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