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Farmington Rd 215.4 Acres of Commercial Land Offered at $18,309,000 in Howe, TX 75459
Investment Highlights
- Located one mile west of US Hwy 75 and one mile east of FM State Hwy 289, (Preston Rd.)
Executive Summary
Possible owner financing is available. The property likely includes some floodplain, with approximately 30 acres that could be converted into surface water, creating a large lake-type feature. Community water is available. Call Lee Terrell broker for details 903-815-1299.
Property Facts
| Price | $18,309,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 215.40 AC |
| Property Type | Land | ||
| Zoning | Agriculture - Agriculture | ||
| Price | $18,309,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 215.40 AC |
| Zoning | Agriculture - Agriculture |
1 Lot Available
Lot
| Price | $18,309,000 | Lot Size | 215.40 AC |
| Price Per AC | $85,000.00 |
| Price | $18,309,000 |
| Price Per AC | $85,000.00 |
| Lot Size | 215.40 AC |
215.4 acres of level prime farmland - Has been in one family for 123 years. Subject Tract is approximately five miles south of the new Texas Instruments plant, which is currently under construction.
Description
215.4 acres of level prime farmland. Approximately five miles south of the new Texas Instruments plant, which is currently under construction. Subject Tract is strategically located in a major growth corridor. It lies approximately one mile west of US Hwy 75 and one mile east of FM State Hwy 289, (Preston Rd.) Possible owner financing is available. The property likely includes some floodplain, with approximately 30 acres that could be converted into surface water, creating a large lake-type feature.
Property Taxes
| Parcel Number | 130898 | Improvements Assessment | $3,635 |
| Land Assessment | $77,165 | Total Assessment | $80,800 |
Property Taxes
Contact the Sale Advisor
Farmington Rd