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$390,000

NAL Estimated Property Value

TBD Bennett Road, Howe, TX, 75459

Off MarketInfo
Baths0 Bath

About this property

This tract in Grayson County, Texas, offers acreage with features suitable for development, investment, or continued agricultural use. Its location near Sherman places it within reach of major transportation corridors and community services while providing open space and natural topography. The property includes approximately 250 feet of road frontage, supporting access and potential entry points. Public water and electricity are available along the road, allowing future improvements to connect with existing utilities. The land is partially AG exempt, which may provide a tax advantage for qualifying agricultural use. Rolling hills create a landscape that allows for visibility across the area and flexible land planning. The terrain, along with utility access, makes the tract adaptable for a range of uses, including home sites, continued agricultural activity, or commercial development aligned with local planning requirements. Location is a defining characteristic of this property. The land is approximately 2 miles from Highway 11, 3 miles from Highway 75 and the Texas Instruments facility, and 14 miles from Highway 82. Downtown Sherman is located about 8 miles from the property, and downtown Denison is about 20 miles away. This proximity places the tract within the path of growth occurring around Sherman and along expanding Highway 11, where both residential and commercial activity is increasing. The property’s features include its manageable size, available utilities, and water source. The road frontage improves access, and the topography provides options for land use planning. With its location in a growing part of North Texas, this tract presents an opportunity to own land with both current utility and long-term potential. This property is a candidate for a range of uses, from continued agricultural exemption and livestock support to development consistent with the surrounding growth.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Howe

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TBD Bennett Road | Property Details | No Agent List