0000 Midway Acres Dr, Howe, TX 75459

$870,675

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List Price
$870,675
Price Change
▼ $185,250 1780269208
MLS#
21233462
Status
ACTIVE
Type
Land
Subtype
Land
Acres
18.53
County
Grayson
City
Howe
Subdivision
G-0777

Property Description

18.525 Ag Exempt Acres – Sherman ETJ 18 and a half acres in the path of Sherman growth. This property sits in the ETJ of Sherman, just outside city limits — right where growth is already happening. There’s a new water tower being built nearby at Ford Road, and the Cottonwood Master Plan Development is expanding just across FM 902 What makes this property stand out is that it already aligns with what the market wants. Deed restrictions require a minimum of 2-acre homesites — which fits perfectly with today’s demand for future 2-to-3-acre custom home lots. Property naturally lays out for multiple homesites. You’ve got road frontage, usable terrain, and a mix of open space and scattered trees that create privacy. There’s even a pond feature to anchor a premium homesite. If you’re a builder looking for a smaller development opportunity this is a clean, efficient opportunity to create multiple 2 to 3 acre homesites in a proven area. With surrounding homes already in place and development moving closer, this is the kind of inventory that’s getting harder to find. The layout works, the restrictions support it, and the growth is already here.

Additional Information

Lot Size
806,949
Acres
18.53
Lot Description
Agricultural, Few Trees
School District
Howe Isd
Elementary School
Summit Hill
Middle School
Howe
High School
Howe
Possession
CloseOfEscrow
Proposed Use
Agricultural, Development, Investment, Residential

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Calculator source: Real Geeks

Listing courtesy of Houston Pitts from Farmersville Real Estate Company. Contact: 972-784-6115