3243 Harrell Rd Howe, TX 75459
- Land
- 63.80 lot acres
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Howe
- County
- Grayson
- State
- Texas
- Longitude
- -96.5671
- Latitude
- 33.5621
