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201 Fm-116, Gatesville, TX 76528

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For Sale

$3,900,000

124 acres

Estimated Payment

$ 20,071 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 124 acres
    Lot size

Explore this Property

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.
MLS# 20684834

Courtesy Of UCRE Texas Lifestyle Properties & Auction, Listed By Kim Hill

(903) 686-0636

Property Features

  • Architecture Style
    Other
  • Lot Size
    124 Acres

Map and Directions

Directions to 201 Fm-116, Gatesville, TX 76528

Home seller CENTURY 21 Judge Fite Company

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(972) 723-8231
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,071
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $20,071

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Gatesville Elementary School

Grades 1-3 Public School

Gatesville, TX 76528 3.8 miles
2537 e main st

603 total students
14:1 Student teacher ratio

School Rating: B

School Details

Gatesville Intermediate School

Grades 4-6 Public School

Gatesville, TX 76528 3.9 miles
311 hornet way

632 total students
14:1 Student teacher ratio

School Rating: C-

School Details

Gatesville Primary School

Grades PK-KG Public School

Gatesville, TX 76528 3.8 miles
308 hornet way

286 total students
17:1 Student teacher ratio

School Details

Gatesville Jr High School

Grades 7-8 Public School

Gatesville, TX 76528 3.7 miles
307 s lovers ln

421 total students
12:1 Student teacher ratio

School Rating: B-

School Details

Gatesville High School

Grades 9-12 Public School

Gatesville, TX 76528 3.7 miles
205 s lovers ln

848 total students
14:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Leon Valley 6.5 miles Public 9-12

Leon Valley

Distance: 6.5 miles

Type Public

Grades: 9-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Gatesville, TX 76528

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Gatesville, TX 76528

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are below the national average.

96° August
Hottest Average Month
34° January
Coldest Average Month
6,409 Total Households in Area
2% Increase in population since the year 2010
30.6%
of households
have children
18 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Gatesville, TX 76528

Gatesville, TX 76528 has a population of 25,308 people in 6,409 households with a median age of 40.9 years old.

2%
Increase in population
since the year 2010
Population is Trending up
6,668
Total households as of 2010
2.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 68%
Hispanic 19%
Other 12%
Black 11%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 68%, followed by Hispanic at 19%, Other at 12%, and Black at 11%.

Economics
for Gatesville, TX 76528

40 /sq mi
Population Density
$58,392 /yr
Median Household Income
$230,000
Median Sales Price
18 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.02% of the households.

Transportation to Work

  • Drive 93%
  • Work from Home 7%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 4,748 64%
Rented 1,662 22%
Vacant 1,026 14%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for Gatesville, TX 76528

40.9 Median Age

Average Household Size

2.7
persons per
household

50.5%

Married Households

Community Population By Education

High School Graduate 31%
Some College 31%
Some High School 18%
Bachelors Degree 9%
Associates Degree 7%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.31% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.6% of households have children

Weather
for Gatesville, TX 76528

The weather for this area ranges from a high of 96° F in August to a low of 34° F in January

96° August
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
59°
Feb
38°
63°
Mar
45°
70°
Apr
54°
78°
May
62°
84°
Jun
69°
91°
Jul
72°
96°
Aug
71°
96°
Sep
65°
90°
Oct
55°
80°
Nov
44°
69°
Dec
37°
61°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 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. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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