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Mixed-Use Land for Sale in Howe, Texas

Grayson County, Howe, TX 75459

$3,080,000
31.3 acres
Active
Est $25,206/mo

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.

Location

Elevation
810 feet
Coordinates
33.5335, -96.6077

Directions

Site is located on the east side of US-75.

Property details

Acreage
31.33 acres
MLS #
NTREIS 20798632
Posted

Parcels

  • 457733

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Nearby schools

NameLevelDistrictDescription
Summit HillElementary

Listing history

DateEventPriceChangeSource
Dec 17, 2024New listing$3,080,000NTREIS
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This 31.33-acre property is located in Howe, TX 75459. The property is available for sale for $3,080,000 with a price per acre of $98,308.

Checked 56 mins ago — Updated

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