Estimated payment $19,943/month
About This Lot
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.
Listing Agent
Vanguard Real Estsate Advisors Brokerage Phone: 214-556-1951 License #0494942 Listed on: 12/16/2024
Property Details
Property Type
- Land
Lot Details
- 31.33 Acre Lot
- Zoning described as Zoned within PD-796 (SF-2)
Schools
- Summit Hill Elementary School
- Howe Middle School
- Howe High School
Listing and Financial Details
- Assessor Parcel Number 457733
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/16/2024 12/16/24 | For Sale | $3,080,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20798632

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