3243 Harrell Rd
Howe, TX 75459
3243 Harrell Rd, Howe, TX · Land For Sale
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63.86 AC
Investment Highlights
- The Site is two miles due east of the Texas Instruments and Globitech plants which gives the Site convenient access.
- The Site lends itself to a variety of uses as there is no zoning in place.
- The Site benefits from the beautiful natural landscape of the area inclusive of open meadows, rolling hills, a pond, and mature trees.
- Proximity to US-75 is extremely attractive to those commuting to either the Sherman-Denison MSA or DFW.
- Potential uses include single family, manufactured housing, self storage, a high end RV park and more.
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 63.86 AC |
| Zoning | Agriculture - ETJ of Sherman. No known zoning restrictions. Currently Ag-exempt. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 63.86 AC |
| Zoning | Agriculture - ETJ of Sherman. No known zoning restrictions. Currently Ag-exempt. |
Description
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. A 2.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
Property Taxes
| Parcel Number | 127452 | Improvements Assessment | $0 |
| Land Assessment | $1,403 | Total Assessment | $1,403 |
Property Taxes
