$6,525,900
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TBD Bennett Road Howe, TX 75459
108.76 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20095111
Sold Date 08/15/22
HOA Y/N None
Annual Tax Amount $15
Lot Size 108.765 Acres
Acres 108.765
Property Description
Future Corner acreage situated less than 2 miles from U.S. 75 at the future intersection of Shepherd Rd & Bennett Rd (per Grayson County 2020 Thoroughfare Plan). Over a half mile of existing road frontage on Bennett Rd. Close to Texas Instruments which recently broke ground on its new semiconductor fabrication plants. Investment potential: $30 billion and could create up to 3,000 jobs over time. Also near Shepherds Crossing, a proposed 532-acre master-planned, mixed-use community featuring residential lots, retail, urban living, office and restaurants within a walkableinterconnected environment. Other employers nearby include Tyson Foods, Finisar, Emerson, Royal Case, Kaiser Aluminum, Sunny Delight.No Flood Plain. Water & Electricity on site. Ag Tax Exemption & Ag Leased. 10 Mile Demographics (2021): Population (68,449), Daytime Pop. (67,876), Households (25,739) & Avg HH Income ($74,022). Divisible into approximately 53 acres on the north side and 55 acres on the south side.
Location
State TX
County Grayson
Zoning Ag
Direction From Howe, go east on FM 902 to Bennett Rd. North on Bennett Rd approximately 2 miles to the property on the left side of the road.
Exterior
Fence Barbed Wire
Utilities Available Asphalt, City Water, Electricity Available
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Pasture
Schools
School District Howe Isd
Others
Restrictions No Known Restriction(s)
Ownership Contact Agent
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Seller Financing
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Bought with Raghavendra Ghanagam • VP Realty Services