Homes for sale - TBD FM 902, Howe, TX 75459 – MLS#20670497

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$6,648,024

Est. payment - /mo

181.64 Acres Lot

Active Option Contract

TBD FM 902 Howe, TX 75459

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Tracy Spradlin

spradlintd@aol.com +1(903) 748-2477

UPDATED:

12/19/2024 05:40 PM

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision G-0730 Lynenburg Chas A-G0730

MLS Listing ID 20670497

HOA Y/N None

Lot Size 181.640 Acres

Acres 181.64

Property Description

For sale: A prime 181.64-acre property in Howe ISD, offering approximately 2,600ft of frontage on FM 902 and around 3,200ft on Bennett Rd. This agriculturally assessed land benefits from a 6-inch waterline main on the east side of Bennett Rd and the north side of FM 902. Conveniently located approximately 2 miles from US Hwy 75 and about 5 miles from Texas Instruments, Coherent, and Sherman's Industrial Park, this property is perfect for development and has no floodplain concerns. The majority of new homes build within a two-mile radius average a $620k price point. Additionally, the Luella water well #7 is situated on the northwest side of FM 902 and Bennett Rd. and property is partially within the Sherman ETJ. This is a rare investment opportunity in a rapidly growing area.

Location

State TX

County Grayson

Zoning No Zoning

Direction Driving north on US-75 N, take exit 53 towards Haning St. Turn right onto W. Young St. W Young turns into FM 902. Take FM 902 until you reach the intersection of Bennett Rd. and property will be the NE corner. Latitude and Longitude to intersection: 33.517503, -96.585261

Exterior

Utilities Available All Weather Road, Asphalt, Co-op Water, Outside City Limits, Underground Utilities, No Sewer

Street Surface Asphalt

Lot Frontage 5800.0

Garage No

Building

Lot Description Acreage

Schools

Elementary Schools Summit Hill

Middle Schools Howe

High Schools Howe

School District Howe Isd

Others

Restrictions No Known Restriction(s)

Ownership Hightower Family Trust

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

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

Listed by Terrin Bertholf • Bertholf Commercial Real Estate

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Tracy Spradlin

+1(903) 748-2477

Broker | License ID: 493069

Broker License ID: 493069

TBD FM 902 Howe, TX 75459

Tracy Spradlin

Key Details

Location

Exterior

Building

Schools

Others

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TBD FM 902