0 Us-75, Howe, Texas 75459

TX, Howe
$3,080,000
  • 31.33 Acre
  • Land Property Type
  • Active Status
Juan Carlos Cruz
Juan Carlos Cruz Texas Investment Properties
  • + 214-666-6062
  • Info@texasinvestment.properties
  • 15280 Addison Rd Suite 120 Addison
Property Description

Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer the opportunity to purchase 31.33 acres zoned Single Family (SF-2) in the Ponderosa Point mixed-use development in Howe, TX. Ownership is currently working on a preliminary plat for 112 single family lots with expected approval in Q1 2025 for 50’x120’ and 60’x100’ lot sizes. The Ponderosa Point mixed-use development will also include retail, multifamily, and build-to-rent in addition to the single family lots. Seller anticipates construction of the spine road through Ponderosa Point to be completed by summer 2025, providing direct access and utilities to the Site.

The Site is prominently located along US-75 directly across from Howe High School in the rapidly growing suburb that is 23 miles north of McKinney and 10 miles south of Sherman. This represents a great opportunity to acquire paper lots in a mixed-use development with utilities.

Listing Information
  • List Agent Mls Id: 0494942
  • List Office Mls Id: VREA01
  • Mls Status: Active
  • Modification Timestamp: 2024-12-17T04:11:11Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2024-12-16T17:26:27Z
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 20798632
  • Price: $3,080,000
  • Lot Area: 31.33 Acre
  • Status: Active
  • Listing Status: Active
  • Office Name: Vanguard Real Estsate Advisors
  • Agent Name: Jordan Cortez
  • Property Sub Type: Unimproved Land
Features
  • Utilities Sewer Available, Water Available
Address Map
  • Country US
  • State TX
  • County Grayson
  • City Howe
  • Subdivision None
  • Zipcode 75459
  • Street: US-75
  • Longitude: W97° 23' 32.3''
  • Latitude: N33° 32' 0.6''
  • Directions: Site is located on the east side of US-75.
Neighborhood
  • Elementary School: Summit Hill
  • Elementary School District: Howe ISD
  • High School: Howe
  • High School District: Howe ISD
  • Middle School: Howe
Additional Information
  • Lot Features: Acreage

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