$2,600,000
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Tract One Ponderosa Road Howe, TX 75459
49.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision No
MLS Listing ID 20248489
Sold Date 06/02/23
HOA Y/N None
Annual Tax Amount $134
Lot Size 49.500 Acres
Acres 49.5
Property Description
49.497 acres of prime land for development on the corner of Ponderosa Road and Bethal Road east of Howe, TX. The property also has MOL 316 of road frontage with FM 902 for a total of 3053' of road frontage on the west and south side. 100% OFF THE MINERAL RIGHT WILL SELL WITH THIS PROPERTY AT THE FULL ASKING PRICE. The property is just outside of the city limit. However, there is an 8 inch city of Howe water line across Ponderosa Road with several fire hydrants installed. There are power lines running along the West side of the property, on Ponderosa Road. The property is currently in agriculture tax exemptions. Buyer will be responsible for roll back taxes if the agriculture exemption is removed. The property is MOL 100% open with trees located along the northern fence row. The property gently slopes from the northeast corner towards the southwest corner of the property.
25 Acres - B Soil 20 Acres- C Soil 4.5 Acres- D Soil
Buyers and Buyers Agent verify all information
Location
State TX
County Grayson
Zoning unzoned
Direction G-1301 WEAVER HENRY C A-G1301, ACRES 49.5 Continue to S U.S. 75. Take exit 54 from US-75 S 5 min (5.2 mi) Merge onto US-75 S 5.0 mi Take exit 54 for F.M.-902 toward TX-5 0.2 mi Follow S U.S. 75 and TX-5 S to Ponderosa Rd
Exterior
Utilities Available Septic
Garage No
Building
Lot Description Acreage, Agricultural, Cleared
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions No Known Restriction(s)
Ownership See Agent
Financing Cash
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Bought with Kevin Azar • Countrywide Real Estate