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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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201 Fm-116 , Gatesville, TX 76528
$3,988,293
Est. Payment: $20,533.46/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 213
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Approximately 116 acres of city-annexed development land in Gatesville, Texas, offering a rare master-planned opportunity positioned for commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. Strategically located with frontage and access along Texas FM 116 and Old Pidcoke Road, the property provides excellent visibility, multiple access points, and the ability to separate uses and traffic patterns, making it well suited for anchor retail or service commercial along the frontage with flex, light industrial, logistics, or distribution uses and residential or workforce housing positioned behind. City utilities are available, and the property maintains AG tax status, allowing favorable holding costs during planning, entitlement, and phased development. The site is located directly across from the Gatesville Municipal Airport, providing regional air access for corporate users, contractors, government agencies, defense-adjacent operations, and logistics support. The property is also located near Fort Hood, one of the largest military installations in the United States, driving sustained demand for housing, retail services, logistics, medical, and industrial development. The region benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth tied to military, defense, manufacturing, and transportation sectors. Gatesville offers a business-friendly environment, low crime rate, stable workforce, and favorable tax climate, with convenient access to Waco, Temple, and Killeen and reasonable drive times to Austin, Dallas–Fort Worth, and Houston. This tract supports phased or multi-user development, campus-style projects, or master-planned mixed-use concepts with multiple exit strategies and long-term upside in a growing Central Texas corridor.

Highlights

Listed by Kim Hill , Kim Hill Real Estate Group , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
116

County

Coryell

Neighborhood

Airport Annex

School District

Gatesville ISD

Listing ID

21158206

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Agricultural,Over 100 Acres
Zoning:Commercial and Ag Suburbia
Principal Interest
$20,533
Taxes
$2,543

Home Price

$3,988,293

Loan Details

30 yrs
6.674%

Down Payment

20%
$797,659
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,533.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,533.46 $2,542.54 $0.00 $23,076.00
Yearly $246,401.57 $30,510.44 $0.00 $276,912.01
Total $7,392,047.19 $915,313.24 $0.00 $8,307,360.43

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Gatesville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems