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$870,675
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Property Description
18.525 Ag Exempt Acres - Sherman ETJ 18 and a half acres in the path of Sherman growth. This property sits in the ETJ of Sherman, just outside city limits - right where growth is already happening. There's a new water tower being built nearby at Ford Road, and the Cottonwood Master Plan Development is expanding just across FM 902 What makes this property stand out is that it already aligns with what the market wants. Deed restrictions require a minimum of 2-acre homesites - which fits perfectly with today's demand for future 2-to-3-acre custom home lots. Property naturally lays out for multiple homesites. You've got road frontage, usable terrain, and a mix of open space and scattered trees that create privacy. There's even a pond feature to anchor a premium homesite. If you're a builder looking for a smaller development opportunity this is a clean, efficient opportunity to create multiple 2 to 3 acre homesites in a proven area. With surrounding homes already in place and development moving closer, this is the kind of inventory that's getting harder to find. The layout works, the restrictions support it, and the growth is already here.
Full Property Details
Full Property Details for 0000 Midway Acres Dr
General
- Price: $870,675
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21233462
- Updated: 5/31/2026
- Added to Site: 74 day(s) ago
Location
- County: Grayson
- Subdivision: G-0777
- Driving 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.
School Information
- Elem School District: Howe ISD
- Midd School District: Howe ISD
- High School District: Howe ISD
- Elementary School: Summit Hill
- Middle School: Howe
- High School: Howe
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 18.525
- Lot Size (Sq. Ft.): 806,949
- Lot Size Source: Other
- Frontage: County Road, Asphalt, Gravel
- Lot Features: Agricultural, Few Trees
- Potential Use: Agricultural, Development, Investment, Residential
- Zoning: Agricultural
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Documents Avail.: Survey, Aerial
- Legal Description: G-0777 MCKINNEY JAMES &HRS A-G0777, ACRES 44.494
- Disclosures/Rstr.: Deed Restriction
- Property ID: 128650
Listed by Farmersville Real Estate Company, Houston Pitts
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Schools
Schools serving 0000 Midway Acres Dr
School District:Howe Independent School District
| Name | Grades | Distance |
|---|---|---|
Howe Elementary School 701 Summit Hill Parkway, Howe, TX 75459 | PK-2 | 2.5 mi |
Howe Int 315 Roberts Street, Howe, TX 75459 | 3-5 | 3.2 mi |
Howe Middle School 300 Beatrice Street, Howe, TX 75459 | 6-8 | 3.2 mi |
Howe High School 200 E Ponderosa, Howe, TX 75459 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0000 Midway Acres Dr
Date
Details
Price
Change
Source
5/31/2026
Price Reduced
$870,675
-17.54%
MLS
5/08/2026
Listed
$1,055,925
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0000 Midway Acres Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3
-25%
$214
7%
2023
$4
—
$200
-22%
2022
$4
100%
$258
—
2021
100%
$258
-4%
2020
100%
$269
-25%
2015
-100%
$358
-10%
2018
$9
—
$399
-6%
2017
$9
—
$423
—
2016
$9
—
$423
3%
2015
$9
12%
$409
5%
2019
$8
-11%
$389
-6%
2014
$9
—
$412
1%
2013
$9
—
$406
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0000 Midway Acres Dr
0000 Midway Acres Drive, Howe, TX 75459 (MLS# 21233462) is a Lots/Land property with a lot size of 18.525 acres. 0000 Midway Acres Drive is currently listed for $870,675 and was received on May 08, 2026. Want to learn more about 0000 Midway Acres Drive? Do you have questions about finding other Lots/Land real estate for sale in Howe? You can browse all Howe real estate or contact a Coldwell Banker agent to request more information.

