$3,900,000
124.00 acres | #20684834

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.

  • Property Details
      • Lot description:Acreage
      • Acres:124.0000
      • Property type:Purchase
      • Utility features:City Sewer, City Water, Electricity Available
      • Subdivision:Airport Annex
      • School district:Gatesville ISD
      • Elementary School:Gatesville
      • County:Coryell
      • MLS #:20684834
      • Cost:3900000
      • Property subtype:Unimproved Land
      • MLS #:20684834

Location

Carpé Residential Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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