972-265-9609
1559 Bennett Rd, Howe, TX for Sale
Commercial LAND - FOR SALE
1/2
4,738,021 SF

1559 Bennett Rd
Howe, TX 75459


HIGHLIGHTS

  • OFFERS DUE - April 5th 2024! ± 108 Acres (will subdivide)
  • Future Thoroughfare plan extends Shepherd past Bennett Rd as a Major Arterial Rd, creating a hard corner opportunity.
  • Water on Site - Luella SUD(on-site 4’ Water line and 6’ line on Bennett Rd) ; Sewer Off site
  • Shepherd Rd. being widened into a 4 lane undivided major arterial to service development east of the railroad 3/4 of a mile West of the Site.
  • Tract is positioned approximately 1.8 acres from Texas Instruments Chip Manufacturing Facility under construction ($30 billion expansion)
  • Site is also approximately 3.7 miles from Globitech's $5 billion expansion, which will produce an estimated 1,500 employees.

OVERVIEW

OFFERS DUE - April 5th 2024! Shepherd's Corner is a premier land offering of approximately ±108 acres, poised for strategic future development. There are 2 parcels taht make up the 108 acres, which can be subdivided. This tract stands at the forefront of regional growth, bolstered by significant surrounding master planned projects and proximity to major economic developments, including Texas Instruments $30 billion development less than 2 miles West. Key infrastructural projects nearby underscore the tract's value: the future extension of Shepherd past Bennett Rd., introducing a crucial hard corner site; on-site 4’ Water line and 6’ line on Bennett Rd; and an incoming 18' sewer line ¾ of a mile West on Shepherd. Shepherd Rd.'s expansion into a 4-lane arterial route is set to catalyze access East of the Railroad, marking a leap in residential growth and traffic influx to the East side of US75. As development occurs Shepherd will be extended east to the Subject tract. Shepherd's Corner is encircled by landmark economic expansions: Texas Instruments Chip Manufacturing Facility, a mere 1.8 miles away, undergoing a $30 billion expansion to create 3,200 jobs—Texas's largest-ever economic project. Globitech's $5 Billion Expansion and Coherent Corp (II-VI)'s $3 billion investment, located approximately 3.7 miles and adjacent to the site, respectively, amplify the area's technological and employment footprint. Lifestyle and Leisure Developments: The addition of Hard Rock Hotel and Margaritaville Resorts at Lake Texoma 20 miles North introduces a leisure and entertainment dimension, enhancing the area's appeal to a diverse demographic. Shepherd's Corner embodies a unique blend of strategic positioning and economic vibrancy. This tract offers an invaluable opportunity for investors to harness the potential of a region on the cusp of significant residential, commercial, and industrial development. Positioned to benefit from the area's dynamic growth trajectory, Shepherd's Corner invites investment into a future marked by prosperity and advancement.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Shepherd's Corner

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Mixed Use, Multi-Family, Apartment Units, Manufactured Homes/Mobile Home Park, Planned Unit Development, Self-Storage, Single Family Development, Strip Center, Agricultural

LAND ACRES

108.77 AC

LAND SF

4,738,021 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas

ZONING

Sherman ETJ

APN/PARCEL ID

128785,444166

ASK ABOUT THIS PROPERTY

Josh BryanBryan Haggard Land GroupMore Info
972-265-9609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Josh BryanBryan Haggard Land GroupMore Info
972-265-9609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.