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88 Acres Development Opportunity
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Bennett Rd, Howe, TX 75459

88 acres near Texas Instruments plant, suitable for development.

Property SizeContact for details
Lot Size88.00 Acres
Days on Market909

Property Features for Bennett Rd

General Information

Standard status Active
Lot size 88.00 Acres
Property subtype Land
Zoning Sherman ETJ
Listing Agency: Fairview Real Estate Services, LLC
Listed By: Josh Bryan · License #583582
Source: Crexi
Added: Mar 4, 2024 Changed: Aug 28 Last Checked: Aug 29 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairview Real Estate Services, LLC

Investment Insights

Based on property information with market context.

This premier land offering consists of approximately 88 acres, presenting a strategic opportunity for future development. The site is composed of two parcels, which can be subdivided down to 10-acre sites. The tract is positioned to benefit from regional growth, supported by surrounding master-planned projects and its proximity to major economic developments, including the $30 billion Texas Instruments development located less than 2 miles to the west. Key infrastructural projects enhance the tract's value, including the future extension of Shepherd past Bennett Rd, creating a hard corner site. There is an on-site 4-inch water line and a 6-inch line on Bennett Rd. As development progresses, Shepherd will be extended east to the subject tract. The property is located near the Texas Instruments Chip Manufacturing Facility, which is undergoing a $30 billion expansion expected to create 3,200 jobs. Globitech's $5 billion expansion and Coherent Corp (II-VI)'s $3 billion investment are located approximately 3.7 miles and adjacent to the site, respectively. The Hard Rock Hotel and Margaritaville Resorts at Lake Texoma, 20 miles north, add a leisure and entertainment dimension to the area. This tract offers an opportunity for investors to capitalize on a region experiencing significant residential, commercial, and industrial development. Potential uses for the site include an RV park, storage facility, flex space, or industrial development.

Key Highlights

  • Less than 2 miles from Texas Instruments' $30 Billion Expansion creating 3,200 jobs
  • Strategic location in Sherman ETJ, surrounded by significant master‑planned projects
  • 88 acres can be subdivided down to 10‑acre sites, offering development flexibility

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 75459, TX

5,556
Population
2,448
Households
2.3
Avg Household Size
34
Median Age
23%
College-Educated
85%
High-School Grad
81.8 sq mi
ZIP Area
68
Density / Sq Mi
$71,458
Median Household Income
$42,462
Median Earnings
$1,264
Median Rent
$248,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 88 acres near Texas Instruments plant, suitable for development.
Where is this industrial land located?
The property is located at Bennett Rd Howe, TX.
What are key features of this property?
This property features: Less than 2 miles from Texas Instruments' $30 Billion Expansion creating 3,200 jobs; Strategic location in Sherman ETJ, surrounded by significant master‑planned projects; 88 acres can be subdivided down to 10‑acre sites, offering development flexibility
(972) 571-2009 Call to check price and availability
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