Airport Annex Real Estate

Airport Annex Real Estate

Welcome to Airport Annex, a hidden gem nestled in the heart of Gatesville, Texas, within the scenic Coryell County. This charming subdivision offers a unique blend of small-town charm and modern living, making it an ideal choice for families, retirees, and professionals alike.

Airport Annex is conveniently located just minutes away from the bustling town center, where you can explore a delightful array of local shops, restaurants, and community events. The subdivision is characterized by its spacious lots, mature trees, and well-maintained homes, providing residents with a serene and inviting atmosphere. Whether you’re looking for a cozy starter home or a spacious family residence, Airport Annex offers diverse options to suit your lifestyle.

One of the standout features of this community is its proximity to the Gatesville Municipal Airport, making it a perfect spot for aviation enthusiasts or those who appreciate the convenience of air travel. The surrounding area is rich in outdoor recreational opportunities, with numerous parks, hiking trails, and nearby lakes for fishing and boating.

Families will also appreciate the quality education provided by the Gatesville Independent School District, known for its commitment to academic excellence and community involvement. With a strong sense of community spirit, residents of Airport Annex enjoy friendly neighbors and a welcoming environment that fosters lasting relationships.

Discover the charm of Airport Annex, where you can enjoy the tranquility of suburban living while still being close to the amenities and attractions that Gatesville has to offer. Your dream home awaits in this delightful Texas subdivision!

Newest Listings in Airport Annex

134 Airport Rd, Gatesville
$250,000
21402224 MLS
Ask a Gatesville local where the good nights used to happen, and sooner or later you’ll hear “out by the old airport.” That was The Shandar, on Airport Road near the old Brown Airport.. The layout was pure Texas honky-tonk. Up front, a bar room with the main counter and a few pool tables. Through the back, a wide-open dance hall and a raised stage where regional bands played while the floor filled up. Cold beer, cue sticks, and live country music. Same recipe, same address the town still remembers. Now 134 Airport Road sits inside the Gatesville city limits on 1.48 acres, beside Gatesville Municipal Airport (GOP) and inside a designated Opportunity Zone. The city airport is at 137 Airport Road, about three miles west of the square: a 3,400-foot runway, general aviation traffic, self-serve fuel, and Centex Aviation on the field. Pilots already know the road. Locals already know the name. The Opportunity Zone is the quiet extra. Investors who reinvest eligible capital gains through a Qualified Opportunity Fund may qualify for federal tax benefits on a qualifying project here, including deferral and, with the required holding period, favorable treatment of new gains. Rules, deadlines, and tract status apply. A tax advisor should confirm before anyone underwrites it. Bring it back as a bar and dance hall. Or lean into the runway: a fly-in hangout, pilot lounge and café, event barn, private club, or a mixed commercial use that puts aircraft, live music, and Highway 36 traffic in the same parking lot. The bones of a legend are here. The audience never really left. The tax map may help pay for the comeback.

134 Airport Rd, Gatesville
134 Airport Road, Gatesville
$250,000
626887 MLS
Ask a Gatesville local where the good nights used to happen, and sooner or later you’ll hear “out by the old airport.” That was The Shandar, on Airport Road near the old Brown Airport.. The layout was pure Texas honky-tonk. Up front, a bar room with the main counter and a few pool tables. Through the back, a wide-open dance hall and a raised stage where regional bands played while the floor filled up. Cold beer, cue sticks, and live country music. Same recipe, same address the town still remembers. Now 134 Airport Road sits inside the Gatesville city limits on 1.48 acres, beside Gatesville Municipal Airport (GOP) and inside a designated Opportunity Zone. The city airport is at 137 Airport Road, about three miles west of the square: a 3,400-foot runway, general aviation traffic, self-serve fuel, and Centex Aviation on the field. Pilots already know the road. Locals already know the name. The Opportunity Zone is the quiet extra. Investors who reinvest eligible capital gains through a Qualified Opportunity Fund may qualify for federal tax benefits on a qualifying project here, including deferral and, with the required holding period, favorable treatment of new gains. Rules, deadlines, and tract status apply. A tax advisor should confirm before anyone underwrites it. Bring it back as a bar and dance hall. Or lean into the runway: a fly-in hangout, pilot lounge and café, event barn, private club, or a mixed commercial use that puts aircraft, live music, and Highway 36 traffic in the same parking lot. The bones of a legend are here. The audience never really left. The tax map may help pay for the comeback.

134 Airport Road, Gatesville
201 Fm-116, Gatesville
$3,988,293
21158206 MLS
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.

201 Fm-116, Gatesville
201 FM 116, Gatesville
$3,988,293
602160 MLS
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.

201 FM 116, Gatesville
132 Airport Road, Gatesville
$425,000
599843 MLS
Endless Opportunity on 6.55 Industrial Acres Bordering Gatesville Airport! Looking for your next standout commercial project, business headquarters, or income-producing investment? This prime 6.55-acre industrial-zoned tract offers ultimate flexibility with skies-the-limit potential in a rapidly expanding Central Texas corridor. Superbly located with direct access from FM 116, the property uniquely nestles up to the City of Gatesville Airport, making it an ideal footprint for light manufacturing, mechanical workshops, specialized aviation support, fleet storage, or a multi-use commercial homestead. The acreage features multiple existing footprint improvements ready for rehabilitation or specialized use: A substantial 37x38 heavy-duty metal building (perfect for a workshop, warehouse, or equipment bays). One unique A-frame home and one single-wide mobile home, offering immediate potential for on-site property management, employee housing, or office space conversion. Two additional freestanding storage buildings providing excellent auxiliary tool or parts storage. With over 6.5 acres of highly versatile industrial land, there is ample open space for heavy equipment parking, material storage, or future structural expansion. Properties with this level of acreage, dedicated industrial zoning, and immediate airport proximity are a rare find in today's market. Bring your vision and unlock the true equity of this versatile commercial gem!

132 Airport Road, Gatesville
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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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