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General Description
minimizeEXCELLENT LOCATION! Here is approximately 23 acres that is cultivated farmland with no FEMA determined floodplain and has agricultural exemptions. The property is cultivated farmland. This property has a tremendous amount of potential for the investor. It is located approximately 1.3 miles south of Howe with 1,200 ft. of frontage on State HWY 5, and 781 ft of frontage on Old Patterson RD. Sherman’s population is projected to double by 2025 and is projected to double in a few years and is quickly becoming a new hub for semiconductor production with the expansion of Texas Instruments and Globitech. Being located just east of HWY 75, it is readily positioned for quick and easy access to the DFW Metroplex. For additional information see the documents in Transaction Desk.
Exterior Features
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $48,422 | -2.48% | $324 | 1.25% |
| 2022 | $-- | $49,654 | 46.54% | $320 | 0.00% |
| 2021 | $-- | $33,884 | 5.07% | $320 | -21.38% |
| 2020 | $-- | $32,249 | 14.82% | $407 | -2.86% |
| 2019 | $-- | $28,086 | 27.00% | $419 | -0.95% |
| 2018 | $-- | $22,115 | $423 |
2023 Grayson County Appraisal District Tax Value
| Market Land Value: | $48,422 |
| Market Improvement Value: | $0 |
| Total Market Value: | $48,422 |
2023 Tax Rates
| GRAYSON COUNTY: | 0.3051 % |
| GRAYSON CO. JR. COLLEG: | 0.1467 % |
| HOWE ISD: | 1.2700 % |
| HOWE CITY: | 0.5400 % |
| Total Tax Rate: | 2.2618 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 6,105 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
Excellent | View Nearby Schools ↓
Property Map
minimizeTBD Hwy 5 Howe TX 75459 was recently sold. It is a 23.00 Acre(s) Lot, in Town & Country Estates.
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