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Grayson, US
24.871 Acres for Development – Prime Investment Opportunity in Sherman ETJ
This exceptional 24.871-acre tract is strategically positioned at the corner of FM 902 and Midway Acres, offering over 2,215 feet of road frontage and high visibility in the rapidly growing corridor between Sherman, Howe, and Celina. Located within the ETJ of Sherman and served by Howe ISD, this property sits in the path of explosive North Texas growth. The Dorchester PID has committed to building a new water tower on Ford Road, providing critical infrastructure support for future development. Whether you're a developer looking to capitalize on the momentum of nearby residential and commercial expansion, or an investor seeking a buy-and-hold strategy, this land offers versatile potential. Interim surface leasing options are available to generate revenue while awaiting full-scale development. Unlock the potential of this ideally situated acreage in one of the fastest-growing regions in Texas.
Courtesy Of: Farmersville Real Estate Company
Feature Highlights
- AG Exemption
- Multi Parcel ID
Public Schools
- School District:
- Howe ISD
- Elementary School:
- Summit Hill
- Middle School:
- Howe
- High School:
- Howe
Exterior Features and Amenities
- Lot Features:
- Agricultural,Few Trees
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 24.8710
- Lot Size Source:
- Other
- Lot Size Units:
- Acres
- Subdivision Name:
- G-0777
- Road Frontage Distance:
- 2215
Utility Information
- Utilities:
- Asphalt,City Water,Electricity Available,Gravel/Rock
Financial
- Tax Legal Description:
- G-0777 MCKINNEY JAMES &HRS A-G0777, ACRES 44.494
Other Features
- Parcel Number:
- 128650
- Will Subdivide:
- No
- Special Notes:
- Aerial Photo,Deed Restrictions,Survey Available,Utility Easement
- Restrictions:
- Deed
- Possession:
- Closing/Funding
- Intermediate School Name:
- Howe
- Easements:
- Pipeline,Utilities
Directions
From Hwy 75 in Howe, Texas head West on FM 902 W TX-5 S. Continue West on FM 902 W TX-5 S approximately 2.8 miles to Midway Acres Drive. Turn Right on Midway Acres Drive. Signs on roadside of FM 902 W TX-5 S and Midway Acres Drive.
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Data last updated: 2025-08-05.
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