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    3243 Harrell Rd Howe, TX 75459
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    3243 Harrell Rd, Howe, TX 75459

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    • Land
    • 63.80 lot acres
    Howe, TX Commercial Land For Sale
    $2,560,000

    Howe, TX Commercial Land

    63.8 Acres Near Texas Instruments

    Dorchester, TX 75459
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3243 Harrell Rd

    Lot size
    63.80 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 63.8-acre property in Howe, TX, presents a remarkable investment opportunity. Located less than five miles from US Highway 75 and the thriving tech corridor, it benefits from the proximity to major employers like Texas Instruments and Globitech, who have recently announced significant investments totaling over $34 billion, creating thousands of jobs. The land is situated within Sherman's ETJ, served by the Howe School District, and features over 1500 feet of road frontage. Infrastructure is in place, including a 6-inch water pipeline (Luella SUD) with capacity approved for 37 lots and electricity provided by GCEC. A comprehensive due diligence package is available, including a survey, Phase 1 environmental study, legal description, and topographic information. The property's diverse features, including a one-acre pond, rolling hills, and open meadows, offer a variety of development possibilities, from residential subdivisions to high-end RV parks. Seller financing may be considered with a 50% down payment. The asking price is $2,560,000 ($40,125/acre). Buyer to verify all information.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Howe
    County
    Grayson
    State
    Texas
    Longitude
    -96.5671
    Latitude
    33.5621
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