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    902 And Future Harrell Rd Howe, TX 75459

    • Land
    • 75.88 lot acres
    For Sale
    View listing
    $5,918,640
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 902 And Future Harrell Rd

    Lot size
    75.88 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Howe
    County
    Grayson
    State
    Texas
    Longitude
    -96.5673
    Latitude
    33.517

    Comparable in this City

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      999 Harrell Rd

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      13.95 Acres

      2554 Bennett Rd

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    Similar Nearby for Sale

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      59.00 Acres

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    Howe, TX 75459
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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