0 US-75, HOWE, TX 75459
Homes for sale in Howe.
Homes for sale in 75459.
0 US-75
Howe, TX 75459
List Price$3,080,000
Listing #20798632
About This Property
Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer the opportunity to purchase 31.33 acres zoned Single Family (SF-2) in the Ponderosa Point mixed-use development in Howe, TX. Ownership is currently working on a preliminary plat for 112 single family lots with expected approval in Q1 2025 for 50'x120' and 60'x100' lot sizes. The Ponderosa Point mixed-use development will also include retail, multifamily, and build-to-rent in addition to the single family lots. Seller anticipates construction of the spine road through Ponderosa Point to be completed by summer 2025, providing direct access and utilities to the Site. The Site is prominently located along US-75 directly across from Howe High School in the rapidly growing suburb that is 23 miles north of McKinney and 10 miles south of Sherman. This represents a great opportunity to acquire paper lots in a mixed-use development with utilities.
Property Features
Location Information
County
Grayson
Subdivision
None
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Sewer Available, Water Available
Zoning
Zoned within PD-796 (SF-2)
Utilities
Sewer Available, Water Available
Development Status
Zoned
Lot Description
Acreage
Is One Story
No
Lot Size in Acres
31.33
Lot Description
Acreage
Lot Size in Sq. Ft.
1,364,734
School
Elementary School District
Howe ISD
Jr. High School
Howe
Elementary School
Summit Hill
High School
Howe
Additional Information
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$14,382
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$11,098
Monthly Tax
$2,566
Monthly Insurance
$718
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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