0 Bennett Road

Howe, TX 75459
$2,700,000

Description

+- 35 Acres Available in the Sherman ETJ; less tha n 2 Miles from Texas Insruments $30 billion chip manufacturing facility set to open in 1Q 2025! We sold the 20 Acres fronting Bennett Road this year for $83,000 per acre and this makes for a fanastic opportunity for only $76,000 per acre! UTILITIES: Water on Site, Sewer off site. Future Thoroughfare plan extends Shepherd Rd past Bennett Rd as a Major Arterial Road, just north of the property. On-site water via Luella SUD. 4 in. and 6 in. line on site. 18 in. Sewer being brought from the North down South to Shepherd Rd just East of US75. Shepherd Rd is being widened into a 4 lane undivided major arterial to the railroad crossing three fourth of a mile West. Shepherd will be extended east as development occurs. Site is also approximately 3.7 miles from Globitech’s $5 billion expansion. Coherent Corp (II-VI) recently announced they will be advancing conversations to inject $3 billion in capital into their facility, adjacent to TI. 532-Acre Master Planned Community, Shepherd’s Place, located across US75, will boast over 900 homes at full buildout.

  • Property Details
      • Lot description:Agricultural
      • Acres:35.1890
      • Property type:Purchase
      • Utility features:Rural Water District
      • Subdivision:Hh Tucker Abs #1217
      • School district:Howe ISD
      • Elementary School:Summit Hill
      • County:Grayson
      • MLS #:20773269
      • Cost:2700000
      • Property subtype:Unimproved Land
      • MLS #:20773269

Location

Carpé Residential Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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