Property profile

902 And Future Harrell Rd Howe, TX 75459

OFF-MARKET
Land
75.88 ac lot
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Property summary

AI-generated overview

This exceptional 75.88-acre property presents a remarkable investment opportunity in Howe, Texas. Situated at the southwest corner of FM 902 and the future Harrell Road, this unzoned land boasts over 2,100 feet of frontage on FM 902 and 1,700 feet on the future Harrell Road, offering significant commercial development potential. The property is ideally located within the highly-rated Howe Independent School District and is conveniently situated just 3 miles east of Highway 75 and less than 7 miles from Texas Instruments' substantial new microchip production facility. Currently utilized for farming and benefiting from an agricultural tax exemption, this land is ready for immediate development or represents a strong buy-and-hold investment. Water is provided by Luella Water. The property's strategic location and substantial size make it an attractive prospect for a variety of commercial ventures. With its potential for future 1-acre lot development, this land offers a unique blend of immediate and long-term investment potential. The Grayson County location and access to major transportation arteries further enhance its appeal. APN numbers are 255697 and 130577. The asking price is $5,918,640.

Property profile

Verified
Property type Land
Lot 75.88 ac (3,305,333 SF)

Cap rate & NOI

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

Location

902 And Future Harrell Rd Howe, TX 75459
Howe metro
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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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