0000 MIDWAY ACRES DRIVE, HOWE, TX 75459

Homes for sale in Howe.

Homes for sale in 75459.


0000 MIDWAY ACRES Drive

Howe, TX 75459

Active

List Price$1,055,925

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

Listing #21233462

18.52

Acres

Lots / Land

Type

About This Property

18.525 Ag Exempt Acres -- Sherman ETJ 18 and a half acres in the path of Sherman growth. This property sits in the ETJ of Sherman, just outside city limits -- right where growth is already happening. There's a new water tower being built nearby at Ford Road, and the Cottonwood Master Plan Development is expanding just across FM 902 What makes this property stand out is that it already aligns with what the market wants. Deed restrictions require a minimum of 2-acre homesites -- which fits perfectly with today's demand for future 2-to-3-acre custom home lots. Property naturally lays out for multiple homesites. You've got road frontage, usable terrain, and a mix of open space and scattered trees that create privacy. There's even a pond feature to anchor a premium homesite. If you're a builder looking for a smaller development opportunity this is a clean, efficient opportunity to create multiple 2 to 3 acre homesites in a proven area. With surrounding homes already in place and development moving closer, this is the kind of inventory that's getting harder to find. The layout works, the restrictions support it, and the growth is already here.

Property Features

Location Information

County

Grayson

Subdivision

G-0777

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Water Available

Possible Best Use

Agricultural, Development,

Lot Description

Agricultural, Few Trees

Zoning

Agricultural

Lot Size in Acres

18.525

Road Description

County Road, Asphalt, Gravel

Lot Size in Sq. Ft.

806,949

Is One Story

No

Current Use

Agricultural

Lot Description

Agricultural, Few Trees

School

Elementary School District

Howe ISD

Jr. High School

Howe

Elementary School

Summit Hill

High School

Howe

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Documents Available

Survey, Aerial

Status

Active

Lot Acres Source

Other

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Mortgage Calculator

$4,930

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,805

Monthly Tax

$879

Monthly Insurance

$246

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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