• Sign Up
  • Log In
McCOWN Real Estate
McCOWN Real Estate
(940) 500-4396mccownrealestate@gmail.com
  • Home
  • Search
    • Local Properties
    • Featured Properties
    • Home Valuation
  • Selling
  • Buying
  • Communities
    • DFW Metroplex
    • Burkburnett
    • Iowa Park
    • Electra
    • Henrietta
    • Archer City
    • Lakeside City
    • Holliday
    • Wichita Falls
    • Vernon
  • About
    • Meet the Experts
    • Testimonials
  • BAC
  • Contact
  • McCOWN Real Estate(940) 500-4396
    mccownrealestate@gmail.com
    Copy Email
  • McCown Real Estate
    2629 Plaza Pkwy Ste A3
    Wichita Falls, TX 76308
    (940) 500-4396
    mccownrealestate@gmail.com

Company

  • Home
  • About
  • Testimonials
  • Contact

Services

  • Buying
  • Selling
  • Home Valuation
  • Mortgage Calculator

Explore

  • Property Search
  • Featured Properties
  • Communities
McCOWN Real Estate - Footer Logo
  • Texas Real Estate Commission Consumer Protection Notice
  • Privacy
  • Terms
  • DMCA
  • Accessibility
  • Fair Housing
© 2026 McCOWN Real Estate. All rights reserved.
Website built by CloseHack.
North Texas Real Estate Information Systems

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor McCOWN Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Waco Association of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Waco Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2022 Waco Association of Realtors. All Rights Reserved.

$3,988,293
For Sale

201 FM 116

Gatesville, TX 76528
116.00 acres | #21158206
  • Save
  • Contact
  • Share
  • Price Change Alerts
201 FM 116
29 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot FeaturesAcreage, Agricultural, City Lot
      • Lot DescriptionAcreage, Agricultural, City Lot
      • Utility FeaturesElectricity Available
      • Property Subtype AdditionalUnimproved Land
      • School DistrictGatesville ISD
      • Property SubtypeUnimprovedLand
      • SubdivisionAirport Annex
      • Elementary SchoolGatesville
      • High SchoolGatesville
      • Cost3988293.0
      • Property TypePurchase
      • MLS #21158206
      • MLS #21158206
      • CountyCoryell
      • Parcel Number111168
      • Acres116.0
      • Days on Market (Cumulative)523

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor McCOWN Real Estate shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: Today at 1:27 PM. Source: NTREIS

Provided By
Listing Agent: Kim Hill (#0592248)
Listing Office: Kim Hill Real Estate Group (#KHRG00WF)

McCOWN Real EstateThe McCOWN Team
Facebook
Google
OR

Interested in Purchasing 201 FM 116?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly