LKV Realty
Logo
$624,000
$3,400Reward *
TBD FM 116, Gatesville, TX 76528Listing ID 608128

TBD FM 116, Gatesville, TX 76528

Active
Western Annex & W Suggott
Time on site: 141 daysLast updated: Jul 9, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Acreage
Acres
Acres
24
Days on Site
Days on Site
140

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.

Property Information

Property Details

Location

Address
TBD FM 116
County
Coryell
City
Gatesville
Zip Code
76528
Subdivision
Western Annex & W Suggott
School District
Gatesville ISD
High School
Gatesville
Elementary School
Gatesville

Building

Building Information

Condition
Resale
Kim Hill Real Estate Group, (254) 277-1820

Market Report for 76528

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Central Texas MLS
Central Texas MLS logo

Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026 Central Texas MLS, All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

H592248000