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3243 Harrell Rd - 3243 Harrell Rd, Howe, TX 63.86 Acres of Commercial Land Offered at $3,055,488 CAD in Howe, TX 75459

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INVESTMENT HIGHLIGHTS

  • The Site is two miles due east of the Texas Instruments and Globitech plants which gives the Site convenient access.
  • The Site lends itself to a variety of uses as there is no zoning in place.
  • The Site benefits from the beautiful natural landscape of the area inclusive of open meadows, rolling hills, a pond, and mature trees.
  • Proximity to US-75 is extremely attractive to those commuting to either the Sherman-Denison MSA or DFW.
  • Potential uses include single family, manufactured housing, self storage, a high end RV park and more.

PROPERTY FACTS

Price $3,055,488 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Distribution
  • Golf Course or Driving Range
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Planned Unit Development
  • Retail Warehouse
  • Self Storage
  • Single Family Development
  • Trailer or Camper Park
  • Truck Terminal
  • Warehouse
  • Pasture Ranch
Total Lot Size 63.86 AC
Zoning Agriculture - ETJ of Sherman. No known zoning restrictions. Currently Ag-exempt.

1 LOT AVAILABLE

Lot

Price $3,055,488 CAD
Price Per AC $47,846.67 CAD
Lot Size 63.86 AC

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. A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
127452
Land Assessment
$1,960 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,960 CAD
  • Listing ID: 31471675

  • Date on Market: 2024-04-10

  • Last Updated:

  • Address: 3243 Harrell Rd, Howe, TX 75459

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