Estimated payment $6,230/month
Highlights
- 24.87 Acre Lot
- Howe Middle School Rated A-
- Agricultural
About This Lot
24.871 Acres for Development – Prime Investment Opportunity in Sherman ETJ
This exceptional 24.871-acre tract is strategically positioned at the corner of FM 902 and Midway Acres, offering over 2,215 feet of road frontage and high visibility in the rapidly growing corridor between Sherman, Howe, and Celina. Located within the ETJ of Sherman and served by Howe ISD, this property sits in the path of explosive North Texas growth. The Dorchester PID has committed to building a new water tower on Ford Road, providing critical infrastructure support for future development. Whether you're a developer looking to capitalize on the momentum of nearby residential and commercial expansion, or an investor seeking a buy-and-hold strategy, this land offers versatile potential. Interim surface leasing options are available to generate revenue while awaiting full-scale development. Unlock the potential of this ideally situated acreage in one of the fastest-growing regions in Texas.
Listing Agent
Farmersville Real Estate Company Brokerage Phone: 972-784-6115 License #0695324 Listed on: 08/02/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $24
Lot Details
- 24.87 Acre Lot
- Property fronts a county road
- Few Trees
- Zoning described as Agricultural
Schools
- Summit Hill Elementary School
- Howe High School
Farming
- Agricultural
Community Details
- G 0777 Subdivision
Listing and Financial Details
- Assessor Parcel Number 128650
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $24 | $1,693 | $1,693 | -- |
2024 | $24 | $1,581 | $0 | $0 |
2023 | $27 | $1,803 | $1,803 | $0 |
2022 | $33 | $1,885 | $1,885 | $0 |
2021 | $41 | $2,096 | $2,096 | $0 |
2020 | $54 | $2,639 | $2,639 | $0 |
2019 | $62 | $2,854 | $2,854 | $0 |
2018 | $59 | $2,900 | $2,900 | $0 |
2017 | $65 | $3,122 | $3,122 | $0 |
2016 | $64 | $3,089 | $3,089 | $0 |
2015 | $0 | $4,586 | $4,586 | $0 |
2014 | -- | $4,614 | $4,614 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/18/2025 08/18/25 | Price Changed | $1,168,937 | -9.7% | -- |
08/02/2025 08/02/25 | For Sale | $1,294,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Allegiance Title Co | |
Warranty Deed | -- | Chapin Title Co Inc |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21007330

APN: 128650
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