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$2,600,000

NAL Estimated Property Value

Tract One Ponderosa Road, Howe, TX, 75459

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

49.497 acres of prime land for development on the corner of Ponderosa Road and Bethal Road east of Howe, TX. The property also has MOL 316 of road frontage with FM 902 for a total of 3053' of road frontage on the west and south side. 100% OFF THE MINERAL RIGHT WILL SELL WITH THIS PROPERTY AT THE FULL ASKING PRICE. The property is just outside of the city limit. However, there is an 8 inch city of Howe water line across Ponderosa Road with several fire hydrants installed. There are power lines running along the West side of the property, on Ponderosa Road. The property is currently in agriculture tax exemptions. Buyer will be responsible for roll back taxes if the agriculture exemption is removed. The property is MOL 100% open with trees located along the northern fence row. The property gently slopes from the northeast corner towards the southwest corner of the property. 25 Acres - B Soil 20 Acres- C Soil 4.5 Acres- D Soil Buyers and Buyers Agent verify all information

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /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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Tract One Ponderosa Road | Property Details | No Agent List