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.
Property Details
- Utility FeaturesCity Water, Sewer Available
- Property SubtypeUnimproved Land
- Elementary SchoolSummit Hill
- Property TypePurchase
- School DistrictHowe ISD
- MLS #20798632
- MLS #20798632
- Lot DescriptionAcreage
- Acres31.3300
- CountyGrayson
- Cost3080000
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Jordan Cortez (#0494942), Phone: (214) 556-1951
Listing Office: Vanguard Real Estsate Advisors (#VREA01)
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.
