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Residential Lot in New Community
For Sale
$100,000
Pending

Ponderosa Road lot 2, Howe, TX 75459

Land, Howe, TX

Property SizeContact for details
Lot Size0.54 Acres
Days on Market305

Property Features for Ponderosa Road lot 2

General Information

Property type Land
Property subtype Other
Zoning description 51 subdivided half acre lots
Subdivision Grace Meadows
Lot features Acreage, Subdivided
Elementary school Summit Hill
Middle school Howe
High school Howe
Elementary school district Howe ISD
Middle school district Howe ISD
High school district Howe ISD
Directions Coming from South of McKinney, 75 Northbound and follow all the way up to exit 54. Turn right off the exit onto Ponderosa Rd. Go past Howe High School for a mile and a half, past rail road tracks, veer to right. Community will be on right -just past an old school bus, motorcycle yard property.
Standard status Pending
APN 128925
Lot size 0.54 Acres

Taxes and HOA fees

Tax Description G-1215 THORNBURGH L A-G1215, ACRES 15.364
Legal Description G-1215 THORNBURGH L A-G1215, ACRES 15.364

Utilities

Sewer type Septic Tank
Water source Public
Listing Agency: eXp Realty LLC
Listed By: Natalie Wells · License #0755138
Added: Oct 30, 2025 Changed: Aug 19 Last Checked: Aug 30 at 2:06PM
MLS# 20977009

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a residential home lot within Grace Meadows, a brand-new boutique community. The development is planned around spacious half-acre lots and includes newly paved concrete streets. A key appeal here is the absence of HOA, PID, and MUD, giving buyers more flexibility as they plan their build. Buyers may also bring their own builder or choose from available spec homes with Craftsman or Farmhouse-style designs, developed by Malachi 310 Construction. A pre-sale buyer incentive of $5,000 is also noted with this offering.

Grace Meadows is located in Howe, Texas, with stated proximity to McKinney and Celina, about 30 minutes away, and minutes from Sherman, Van Alstyne, Melissa, and Anna. The community is positioned to balance a small-town setting with access to nearby growing city centers and everyday conveniences.

For buyers looking to build on their own schedule, this lot fits well as a clean starting point in a newly planned neighborhood. The combination of private-lot flexibility and the option for move-ahead with spec home selections can appeal to both custom-build homeowners and those seeking a more straightforward path to construction. If your plans include bringing a builder, the lack of HOA, PID, and MUD is a practical advantage worth considering at the outset.

Key Highlights

  • Water source: public; sewer: septic tank
  • Development offers 51 half‑acre lots
  • No HOA reported

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

16
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build without HOA, PID, or MUD at Grace Meadows, a new Howe-area community with newly paved concrete streets.
Where is this residential land & home lot located?
The property is located at Ponderosa Road lot 2 Howe, TX.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Water source: public; sewer: septic tank; Development offers 51 half‑acre lots; No HOA reported
More about this property
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