UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision G-0777
MLS Listing ID 21007330
HOA Y/N None
Lot Size 24.871 Acres
Acres 24.871
Property Sub-Type Unimproved Land
Property Description
This exceptional 24.871-acre tract is strategically positioned at the corner of FM 902 and Midway Acres, offering over 2,215 feet of road frontage and high visibility in the rapidly growing corridor between Sherman, Howe, and Celina. Located within the ETJ of Sherman and served by Howe ISD, this property sits in the path of explosive North Texas growth. The Dorchester PID has committed to building a new water tower on Ford Road, providing critical infrastructure support for future development. Whether you're a developer looking to capitalize on the momentum of nearby residential and commercial expansion, or an investor seeking a buy-and-hold strategy, this land offers versatile potential. Interim surface leasing options are available to generate revenue while awaiting full-scale development. Unlock the potential of this ideally situated acreage in one of the fastest-growing regions in Texas.
Location
State TX
County Grayson
Zoning Agricultural
Direction From Hwy 75 in Howe, Texas head West on FM 902 W TX-5 S. Continue West on FM 902 W TX-5 S approximately 2.8 miles to Midway Acres Drive. Turn Right on Midway Acres Drive. Signs on roadside of FM 902 W TX-5 S and Midway Acres Drive.
Exterior
Utilities Available Asphalt, City Water, Electricity Available, Gravel/Rock
Street Surface Asphalt,Gravel
Garage No
Building
Lot Description Agricultural, Few Trees
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions Deed
Ownership DHARANI LLC
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Special Listing Condition Aerial Photo, Deed Restrictions, Survey Available, Utility Easement
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21007330
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.