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Bennett Rd. - South Bennett Tract 35.19 Acres of Commercial Land in Howe, TX 75459
Investment Highlights
- 55 Acres Available less than 2 miles from Texas Instruments $30 billion development.
- 6' and 8' water available on site. - Luellla SUD
- Located in the Sherman ETJ with limited restrictions.
- Main thoroughfare has Shepherd Rd. extending past Bennett Rd. which will create direct access to US75.
Executive Summary
+- 35.19Acres Available in the Sherman ETJ ( Outside City Limits).
UTILITIES: Water on Site, Sewer off site coming down Shepherd Rd less than 1 mile West of the Property.
HIGHLIGHTS:
• Future Thoroughfare plan extends Shepherd Rd past Bennett Rd as a Major Arterial Road, just north of the property.
• On-site water via Luella SUD. 4' and 6' line on site.
• 18’ Sewer being brought from the North down South to Shepherd Rd just East of US75.
• Shepherd Rd is being widened into a 4 lane undivided major arterial to the railroad crossing 3/4 of a mile West. Shepherd will be extended east as development occurs.
• Tract is positioned approximately 1.8 acres from Texas Instruments Chip Manufacturing Facility, which received approval for a $30 billion
expansion, the largest economic development project in Texas State History. An estimated 3,200 jobs will be created as a result.
• Site is also approximately 3.7 miles from Globitech’s $5 billion expansion, which will produce an estimated 1,500 employees.
• Coherent Corp (II-VI) recently announced they will be advancing conversations to inject $3 billion in capital into their facility located on the NWC of Shepherd and US-75, adjacent to TI.
• 532-Acre Master Planned Community, Shepherd’s Place, located across US75, will boast over 900 homes at full buildout.
• Hard Rock Hotel and Margaritaville Resorts recently announced developments on Lake Texoma, just 20 minutes North.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 35.19 AC |
| Zoning | ETJ - Outside City Limits | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 35.19 AC |
| Zoning | ETJ - Outside City Limits |
1 Lot Available
Lot 1
| Lot Size | 35.19 AC |
| Lot Size | 35.19 AC |
Description
+- 55 Acres are available in the Sherman ETJ ( Outside City Limits). UTILITIES: Water on Site, Sewer off site coming down Shepherd Rd less than 1 mile West of the Property. HIGHLIGHTS: • Future Thoroughfare plan extends Shepherd Rd past Bennett Rd as a Major Arterial Road, just north of the property. • On-site water via Luella SUD. 4' and 6' line on site. • 18’ Sewer being brought from the North down South to Shepherd Rd just East of US75. • Shepherd Rd is being widened into a 4 lane undivided major arterial to the railroad crossing 3/4 of a mile West. Shepherd will be extended east as development occurs. • Tract is positioned approximately 1.8 acres from Texas Instruments Chip Manufacturing Facility, which received approval for a $30 billion expansion, the largest economic development project in Texas State History. An estimated 3,200 jobs will be created as a result. • Site is also approximately 3.7 miles from Globitech’s $5 billion expansion, which will produce an estimated 1,500 employees. • Coherent Corp (II-VI) recently announced they will be advancing conversations to inject $3 billion in capital into their facility located on the NWC of Shepherd and US-75, adjacent to TI. • 532-Acre Master Planned Community, Shepherd’s Place, located across US75, will boast over 900 homes at full buildout. • Hard Rock Hotel and Margaritaville Resorts recently announced developments on Lake Texoma, just 20 minutes North.
Property Taxes
| Parcel Number | 128785 | Improvements Assessment | $0 |
| Land Assessment | $991 | Total Assessment | $991 |
Property Taxes
Presented by
Bennett Rd. - South Bennett Tract
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