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.
Gatesville High School, Public District Grades 9-12
Gatesville Jr High School, Public District Grades 7-8
Gatesville Intermediate School, Public District Grades 4-6
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. GPS to entrance: 31.4238, -97.7808
Price Information
Listing Price Info
Price Summary:
List Price: $3,900,000
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Housing Market Comparison
See how this home compares to others in Gatesville, TX.
Last updated on: 11/2/2024, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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.
Middle School
5
/10
Gatesville Jr High School
307 S Lovers Ln
Distance between this listing and this school3.74 miles
Public District Grades 7-8
4
/10
Gatesville Intermediate School
311 Hornet Way
Distance between this listing and this school3.96 miles
Public District Grades 4-6
High School
3
/10
Gatesville High School
205 S Lovers Ln
Distance between this listing and this school3.77 miles
Public District Grades 9-12
Nearby Schools
6
/10
Gatesville Elementary School
2537 E Main St
Distance between this listing and this school3.81 miles
Public District Grades 2-3
7
/10
House Creek Elementary School
351 Lutheran Church Rd
Distance between this listing and this school19.24 miles
Public District Grades KG-5
8
/10
Oveta Culp Hobby Elementary School
53210 Lost Moccasin
Distance between this listing and this school19.91 miles
Public District Grades PK-5
Assigned Schools
5
/10
Gatesville Jr High School
307 S Lovers Ln
Distance between this listing and this school3.74 miles
Public District Grades 7-8
4
/10
Gatesville Intermediate School
311 Hornet Way
Distance between this listing and this school3.96 miles
Public District Grades 4-6
Nearby Schools
5
/10
Audie Murphy Middle School
53393 Sun Dance Dr
Distance between this listing and this school19.45 miles
Public District Grades 6-8
Assigned Schools
3
/10
Gatesville High School
205 S Lovers Ln
Distance between this listing and this school3.77 miles
Public District Grades 9-12
Nearby Schools
5
/10
Jonesboro School
14909 East St Hwy 36
Distance between this listing and this school14.35 miles
Public District Grades PK-12
5
/10
Oglesby School
125 College Ave
Distance between this listing and this school16.49 miles
The neighbors living near this home have an average income of $40,500. Most Gatesville, TX residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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 are the assigned schools for this property?
The assigned schools for 201 Fm-116 are: Gatesville Jr High School: GreatSchools Rating 5/10Gatesville Intermediate School: GreatSchools Rating 4/10Gatesville High School: GreatSchools Rating 3/10
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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.
Gatesville, TX housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below. Listings spent 17 days on the market in October 2024, and had a median list price of $248,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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