$1,598,500
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TBD Hwy 5 Howe, TX 75459
23 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Town & Country Estates
MLS Listing ID 20480685
Sold Date 04/05/24
HOA Y/N None
Lot Size 23.000 Acres
Acres 23.0
Property Description
EXCELLENT LOCATION! Here is approximately 23 acres that is cultivated farmland with no FEMA determined floodplain and has agricultural exemptions. The property is cultivated farmland. This property has a tremendous amount of potential for the investor. It is located approximately 1.3 miles south of Howe with 1,200 ft. of frontage on State HWY 5, and 781 ft of frontage on Old Patterson RD. Sherman’s population is projected to double by 2025 and is projected to double in a few years and is quickly becoming a new hub for semiconductor production with the expansion of Texas Instruments and Globitech. Being located just east of HWY 75, it is readily positioned for quick and easy access to the DFW Metroplex. For additional information see the documents in Transaction Desk.
Location
State TX
County Grayson
Zoning Tax ID'S 132250 & 255627 is Zoned SF-2 and is within the Howe City Limits.
Direction From downtown Howe, go south on State Highway 5 for 1.3 miles to the property on the west side of HWY 5. Property also has frontage on Old Patterson Road.
Exterior
Utilities Available All Weather Road, Asphalt, Co-op Electric, Electricity Available
Street Surface Asphalt,Gravel
Lot Frontage 1981.0
Garage No
Building
Lot Description Acreage, Agricultural, Level
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions No Known Restriction(s),Surface Lease(s)
Ownership Norman
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Venkat Tulluri • REKonnection, LLC