3243 HARRELL, HOWE, TX 75459

Homes for sale in Howe.

Homes for sale in 75459.


Active

List Price$2,090,000

3243 Harrell

Howe, TX 75459

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

Listing #21118585

63.86

Acres

Lots / Land

Type

About This Property

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.

Property Features

Location Information

County

Grayson

Subdivision

NA

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Water Available

Zoning

No known Zoning

Lot Description

Acreage

Is One Story

No

Lot Size in Acres

63.86

Lot Description

Acreage

Lot Size in Sq. Ft.

2,781,741

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

$9,759

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,531

Monthly Tax

$1,741

Monthly Insurance

$487

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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