2554 Bennett Rd, Howe, TX 75459
This exceptional 13.95-acre residential land parcel presents a unique investment opportunity in Howe, Texas. Located in Grayson County, at 2554 Bennett Rd, zip code 75459, this property is zoned Sherman ETJ. Its strategic location offers unparalleled access to major transportation arteries, including US Highway 75, placing it within easy reach of Sherman and Denison. The property benefits significantly from its proximity to the rapidly expanding Texas Instruments chip manufacturing facility, currently undergoing a $30 billion expansion project expected to create 3,200 jobs. This substantial investment represents the largest economic undertaking in Texas history, fueling significant growth in the Howe area. Furthermore, the property's close proximity to GlobiTech's $5 billion expansion and Coherent Corp (II-VI)'s $3 billion investment, adding another 1,500 jobs, underscores the exceptional potential for future appreciation. The Howe Independent School District, conveniently located near Texas Highway 289, adds to the area's appeal. Less than an hour from the DFW Metroplex, this property offers a compelling combination of location, accessibility, and growth potential. This is an ideal site for residential development, capitalizing on the burgeoning economic activity and strategic location within the thriving Texas technology sector.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.