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$3,080,000
Est. payment /mo
31.33 Acres Lot
UPDATED:
12/17/2024 04:10 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20798632
HOA Y/N None
Lot Size 31.330 Acres
Acres 31.33
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.
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.
Location
State TX
County Grayson
Zoning Zoned within PD-796 (SF-2)
Direction Site is located on the east side of US-75.
Exterior
Utilities Available City Water, Sewer Available
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions None
Ownership None
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Listed by Jordan Cortez • Vanguard Real Estsate Advisors
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Jamie Lockhart
Luxury Realtor®- Team Lead JSNT Group
Luxury Realtor®- Team Lead JSNT Group