• Office Phone - 817.732.8400
  • Office - 817.862.4450

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Listing provided courtesy of Real Broker, LLC- MLS# 21164951MLS ProviderContact Information: Jeff Dowden - 903-821-4557

tbd Fm-902Howe, TX 75092

Vacant Land · 60.40 Acres
$3,000,000 Active Under Contract

tbd Fm-902 Overview

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60.4± acres on FM 902 in Howe, TX offering a rare development and land-hold opportunity with current AG exemption in place, providing meaningful tax advantages for investors. This strategically located tract sits just half a mile from US-75 and is directly influenced by the massive regional economic expansion driven by Texas Instruments’ multibillion-dollar semiconductor campus in Sherman, GlobalWafers, and related tech, manufacturing, and infrastructure investment reshaping Southwest Sherman and Grayson County. The property features extensive FM 902 frontage plus over 1,000 feet of frontage on Smith Road, providing strong access, visibility, and connectivity to nearby and emerging residential developments including Timbercreek, Noble Ridge, and Summit Hill. With accelerating rooftops, job growth, and commercial demand moving north, this site represents a rare opportunity for future residential, mixed-use, or strategic land banking within one of the fastest-growing micro-markets in North Texas.

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tbd Fm-902 Facts & Features

  • Type Vacant Land
  • Lot 60.40 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Howe ISD
  • Elementary School: Summit Hill
  • Middle Or Junior School: Howe
  • High School: Howe

Business Information

  • Current Use: Agricultural,Cattle

Location/Region

  • Country: US
  • County Or Parish: Grayson
  • Postal City: SHERMAN
  • Subdivision Name: G-0776 MILLER MARY A-G0776, ACRES 60.4

Tax Information

  • Tax Annual Amount: 35.0

General Information

  • Listing Terms: Cash,1031 Exchange
  • Parcel Number: 130776
  • Possible Use: Agricultural,Cattle,Commercial,Development,Industrial,Investment,Single Family,Subdevelopment
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Cleared,Pasture,Few Trees,City Lot
  • Lot Size Acres: 60.4
  • Lot Size Area: 60.4
  • Lot Size Square Feet: 2631024.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: City Street,Farm to Market Road
  • Utilities: Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

tbd Fm-902 Market Data

Based on the last 30 days in this zip code

$386,732
Average List Price
$183
Average Price per Square Foot
39
Properties Sold
237
Average Days on Market
448
Properties for Sale
Calculations provided by Reliance Network


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