Howe, TX 75459,TBD Bennett Road

$6,525,900

Est. payment /mo
Est.Price: ?

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TBD Bennett Road Howe, TX 75459

108.76 Acres Lot

SOLD DATE : 08/15/2022

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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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Grant Glasco • Glasco Commercial Real Estate, LLC
Bought with Raghavendra Ghanagam • VP Realty Services

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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