201 FM-116, Gatesville, TX 76528 – 20684834 - April Shipman

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April Shipman

aprilshipman0623@gmail.com +1(903) 330-5192

$3,900,000

Est. payment - /mo

124 Acres Lot

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UPDATED:

07/29/2024 06:53 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Airport Annex

MLS Listing ID 20684834

HOA Y/N None

Lot Size 124.000 Acres

Acres 124.0

Property Description

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

State TX

County Coryell

Zoning Commercial

Direction From Gatesville heading West on Hwy 84 (Main St), turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage. GPS to entrance: 31.4238, -97.7808

Exterior

Utilities Available City Sewer, City Water, Electricity Available

Street Surface Asphalt

Garage No

Building

Lot Description Acreage

Schools

Elementary Schools Gatesville

High Schools Gatesville

School District Gatesville Isd

Others

Restrictions Other

Ownership Krista Moreland

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Kim Hill • United Country H5 Auction & Re

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April Shipman

+1(903) 330-5192

REALTOR® | License ID: 680481

REALTOR® License ID: 680481

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