About This Lot
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase 63.86+- acres (the “Site”) located at 3243 Harrell Road in Howe, TX. The Site is located just 1.75 miles east of Highway 75 and 1.25 miles west of State Highway 11, two major north-south thoroughfares in Grayson County. The Site was previously located in the Sherman ETJ; however, per Ownership, the Site was recently deannexed from the ETJ and is now only governed by Grayson County. This offers flexibility for future development as the Site is less than a mile from the Sherman city limits. The Seller had an engineer put together multiple concept plans ranging from 2+ acre lots, one acre lots, and an RV park, with the highest density concept plan consisting of 67 half-acre lots. - Less than 5 miles from Texas Instruments and GlobiTech semiconductor chip facilities that will total $48 billion in anticipated investments and will create up to approximately 4,500 new jobs in the area. - Water and electricity are available at the property. 6 Inch water pipeline from Luella SUD runs along Harrell Rd.
- The Site benefits from approximately 1,200 feet of frontage along Harrell Road and a total of 1500 feet frontage.
- Survey, drone video, and other relevant documents such as Phase 1 environmental assessment available.
Property Details
Property Type
- Land
Lot Details
- 63.86 Acre Lot
- Zoning described as No known Zoning
Schools
- Summit Hill Elementary School
- Howe Middle School
- Howe High School
Listing and Financial Details
- Assessor Parcel Number 127452
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2026 02/16/26 | Price Changed | $2,090,000 | -4.6% | -- |
| 11/21/2025 11/21/25 | For Sale | $2,190,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21118585
- Lot 3 TBD Harrell Rd
- TBD Harrell Road Harrell Rd
- 1187 Harrell Rd
- 2554 Bennett Rd
- 999 Harrell Rd
- 5282 Luella Rd
- TBD Lot 3 Bennett Rd
- TBD Lot 6 Bennett Rd
- 5816 Luella Rd
- 4874 Luella Rd
- 90 Williams Trail
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- 785 Schneider Rd
- 3028 Harrell Rd
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- 320 Tate Cir
- 1179 Harrell Rd
- Tbd Bennett Rd
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Ask me questions while you tour the home.