US-75

Howe TX 75459

1364734.8 sq. ft.

Land

Currently for sale - view listing

Overview

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.

Features

1364734.8 sq. ft. lot size

Land

Property history for US-75

2018

Sold

Undisclosed

16 Apr 2018 by Jim Harvey, of The Harvey Group

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