201 FM-116, Gatesville TX 76528

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$3,900,000

201 FM-116, Gatesville, TX 76528

bedrooms

bathrooms

square feet

Acreage

124.0

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	Airport Annex
County	Coryell
Elementary School	Gatesville
Middle School	-
High School	-

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MLS number: 20684834

Listing agent: Kim Hill #0592248

Listing broker: Ucre Texas Lifestyle Properties & Auction (940) 600-0188

Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, November 8 2024 at 12:16 p.m. EST

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