0 US-75, HOWE, TX 75459

Homes for sale in Howe.

Homes for sale in 75459.


0 US-75

Howe, TX 75459

Status of the property has changed, please contact for details

List Price$3,080,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20798632

31.33

Acres

Lots / Land

Type

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

Real Estate IDX Powered by iHomefinder