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$2,090,000
Est. payment /mo
63.86 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 21118585
HOA Y/N None
Lot Size 63.860 Acres
Acres 63.86
Property Sub-Type Unimproved Land
Property Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase 63.86+- acres (the “Site”) located at 3243 Harrell Road in Howe, TX. The Site is located just 1.75 miles east of Highway 75 and 1.25 miles west of State Highway 11, two major north-south thoroughfares in Grayson County.
The Site was previously located in the Sherman ETJ; however, per Ownership, the Site was recently deannexed from the ETJ and is now only governed by Grayson County. This offers flexibility for future development as the Site is less than a mile from the Sherman city limits. The Seller had an engineer put together multiple concept plans ranging from 2+ acre lots, one acre lots, and an RV park, with the highest density concept plan consisting of 67 half-acre lots. Ownership would consider Seller Financing with a 50% down payment with a qualified buyer, call to discuss in more detail.
- Less than 5 miles from Texas Instruments and GlobiTech semiconductor chip facilities that will total $48 billion in anticipated investments and will create up to approximately 4,500 new jobs in the area.
- Water and electricity are available at the property. 6 Inch water pipeline from Luella SUD runs along Harrell Rd.
- The Site benefits from approximately 1,200 feet of frontage along Harrell Road and a total of 1500 feet frontage.
- Survey, drone video, and other relevant documents such as Phase 1 environmental assessment available.
The Site was previously located in the Sherman ETJ; however, per Ownership, the Site was recently deannexed from the ETJ and is now only governed by Grayson County. This offers flexibility for future development as the Site is less than a mile from the Sherman city limits. The Seller had an engineer put together multiple concept plans ranging from 2+ acre lots, one acre lots, and an RV park, with the highest density concept plan consisting of 67 half-acre lots. Ownership would consider Seller Financing with a 50% down payment with a qualified buyer, call to discuss in more detail.
- Less than 5 miles from Texas Instruments and GlobiTech semiconductor chip facilities that will total $48 billion in anticipated investments and will create up to approximately 4,500 new jobs in the area.
- Water and electricity are available at the property. 6 Inch water pipeline from Luella SUD runs along Harrell Rd.
- The Site benefits from approximately 1,200 feet of frontage along Harrell Road and a total of 1500 feet frontage.
- Survey, drone video, and other relevant documents such as Phase 1 environmental assessment available.
Location
State TX
County Grayson
Zoning No known Zoning
Direction Access via Harrell Road
Exterior
Utilities Available City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions None
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21118585
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Listed by Jordan Cortez • Vanguard Real Estsate Advisors