Property profile

0 Enloe Rd Howe, TX 75459

OFF-MARKET
Land
59 ac lot
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Property summary

AI-generated overview

This ±59-acre tract in Howe, Texas, presents a unique investment opportunity in Grayson County. Located just east of FM 5 and 75, this property boasts approximately 1660 feet of road frontage on Enloe Rd, offering excellent accessibility. Currently zoned Agricultural, the land presents significant potential for diverse development, including residential, commercial, or mixed-use projects. Pre-existing engineered plans for a 34-acre RV park are available, providing a head start for developers seeking immediate returns. Utilities are readily accessible, with a 6-inch water line already present on Enloe Road and electricity available. While a septic system would be required, the existing infrastructure significantly reduces development hurdles. This expansive property offers a compelling blend of immediate development potential and long-term growth prospects in a thriving Texas corridor. The combination of size, location, and existing plans makes this an exceptional opportunity for investors and developers alike.

Property profile

Verified
Property type Land
Lot 59 ac (2,570,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Enloe Rd Howe, TX 75459
Howe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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