1 Fm 902

$7,560,000
Price
7,840,800 / 180
Lot Size / Acres

Description

Located just ±2 miles from US-75 and outside the 100-year flood plain, this strategically positioned property sits partially within both the Sherman and Howe ETJs, offering flexibility for future growth. With traffic counts exceeding 54,000 VPD on US-75 and over 4,000 VPD on FM 902 (TxDOT 2022), the site benefits from exceptional visibility and accessibility. Surrounded by growing residential communities and industrial developments, the property lies near Sherman—recently ranked the 4th most desirable...Located just ±2 miles from US-75 and outside the 100-year flood plain, this strategically positioned property sits partially within both the Sherman and Howe ETJs, offering flexibility for future growth. With traffic counts exceeding 54,000 VPD on US-75 and over 4,000 VPD on FM 902 (TxDOT 2022), the site benefits from exceptional visibility and accessibility. Surrounded by growing residential communities and industrial developments, the property lies near Sherman—recently ranked the 4th most desirable town to live in Texas by Business Insider. Texas Instruments investing $30 billion in a new semiconductor plant and Texoma Medical Center employing over 3,000 people. Major highways in the Sherman area see traffic volumes approaching 80,000 VPD, underscoring the location’s development potential. Water is available along the north side of FM 902.
  1. Listed by Jennifer Permenter • TREC #0397828 • Younger Partners Dallas, LLC • 214-238-8000

Property Details for 1 Fm 902

Subdivision Name
G-0730
Zoning Description
The property is in Howe/Sherman ETJ
LISTING UPDATED: 08/04/2025 10:49 AM

Property Details for 1 Fm 902

StatusActive
MLS #21015786
Days on Market153
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size180.00 AC
CountyGrayson County

Location

Listing Courtesy of Younger Partners Dallas, LLC, Jennifer Permenter
Add your commute

Building Information for 1 Fm 902

Lot Size180.00 AC

Payment Calculator

$37,357 per month

30 year fixed, 6.28% Interest

Principal and Interest

$37,357

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Fm 902

Summary
Location and General Information
  • Directions: From McKinney, take US-75 North to Exit 54. Turn east on Ponderosa Road, then go east on FM-902. Turn left on Bennett Road—the property will be on the right hand side.
  • Elementary School: Summit Hill
  • Elementary School Name: Summit Hill
  • High School: Howe
  • High School Name: Howe
  • Intermediate School: Howe
  • Middle School: Howe
  • School District: Howe ISD
  • Geocode Confidence: High
  • Latitude: 33.52
  • Longitude: -96.58
  • State: Texas
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Property
Utilities
  • Utilities: Asphalt, Co-op Water, No Sewer
Property and Assessments
  • AG Exemption: Yes
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Property Match: APN
Lot Information
  • Development: Other
  • Easements: Telephone, Water Lines
  • Lot Features: Acreage
  • Lot Size: Over 100 Acres
  • Lot Size Acres: 180.0
  • Lot Size Area: 180.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7840800.0
  • Multi Parcel ID: No
  • Parcel Number: 129106
  • Current Use: Agricultural, Crops

Property History for 1 Fm 902

DateEvent & SourcePriceAppreciation
Jul 29, 2025

Listed (Active)

NTREIS #21015786

$7,560,000
DateEvent & SourcePrice
07/29/2025

Listed (Active)

NTREIS #21015786

$7,560,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1 Fm 902

This home is within Howe Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Summit Hill Elementary School
PublicPK to 2

Howe Middle School
Public6 to 8

Howe High School
Public9 to 12

Howe Int
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1 Fm 902 is a 180 ac of land for sale in Howe, TX 75459. This property was listed for sale on July 29, 2025 by Younger Partners Dallas, LLC, it's currently listed at $7,560,000. This listing's school district is Howe Independent School District. Nearby schools include Summit Hill Elementary School, Howe Middle School and Howe High School. 1 Fm 902 is a 0-bed, 0-bath, 180 ac of land on a 7,840,800 sq. ft. / 180 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Younger Partners Dallas, LLC, Jennifer Permenter

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 08/04/2025 10:49 AM