Active Option Contract

TBD Fm-902

Howe, Texas 75092
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Acres60.40

Acres(Lot)

60.4± acres on FM 902 in Howe, TX offering a rare development and land-hold opportunity with current AG exemption in place, providing meaningful tax advantages for investors. This strategically located tract sits just half a mile from US-75 and is directly influenced by the massive regional economic expansion driven by Texas Instruments’ multibillion-dollar semiconductor campus in Sherman, GlobalWafers, and related tech, manufacturing, and infrastructure investment reshaping Southwest Sherman and Grayson County. The property features extensive FM 902 frontage plus over 1,000 feet of frontage on Smith Road, providing strong access, visibility, and connectivity to nearby and emerging residential developments including Timbercreek, Noble Ridge, and Summit Hill. With accelerating rooftops, job growth, and commercial demand moving north, this site represents a rare opportunity for future residential, mixed-use, or strategic land banking within one of the fastest-growing micro-markets in North Texas.

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Detail Ic Property Details

Property Type : Land

Price : $3,000,000

AD Id : 74703679

MLS Id : 550154894

Lot Size : 60.40 Acres(Lot)

County : Grayson

Subdivision: Devonshire

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Feature Features

  • Utilities

    City Water

  • Lot Information

    Lot Size (Acr): 60.4000 Lot Size Units: Acres Lot Size Square Feet: 2,631,024 Lot Features: Cleared,Few Trees,Pasture
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: G-0776 MILLER MARY A-G0776, ACRES 60.4 City: Howe State: Texas Directions: Highway 75 to Fm 902, head west. Property is at the corner of Fm 902 and Smith Road. Property Status: Active Option Contract

  • Listing Price Information

    Original List Price: $3,000,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 130776 Tax Legal Description: G-0776 MILLER MARY A-G0776, ACRES 60.4 Unexempt Taxes: $35

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Summit Hill Middle School: Howe High School: Howe School District: Howe ISD
  • Utility Information

    Utilities: City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD 172.12 Wyatt Road, Howe, TX, 75092 $9,466,600 -- -- -- 172.12 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/05/2026 @ 01:04

MLS: 550154894 LISTED BY: Jeff Dowden, Real Broker, LLC 903-821-4557 SOURCE: NTREIS - North Texas Real Estate Information

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