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$1,168,937
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Property Description
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.
Full Property Details
Full Property Details for 2164 Midway Acres Dr
General
- Price: $1,168,937
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21007330
- Updated: 1/1/2026
- Added to Site: 167 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.
- Dist. to Street: 2215
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): 24.871
- Lot Size (Sq. Ft.): 1,083,380.76
- Lot Size Source: Other
- Frontage: County Road, Farm to Market Road, Asphalt, Gravel
- Lot Features: Agricultural, Few Trees
- Potential Use: Agricultural, Development, Residential
- Zoning: Agricultural
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: G-0777 MCKINNEY JAMES &HRS A-G0777, ACRES 44.494
- Disclosures/Rstr.: Deed Restriction, Easement(s)
- Property ID: 128650
Listed by Farmersville Real Estate Company, Houston Pitts
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Schools
Schools serving 2164 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 Middle School 300 Beatrice Street, Howe, TX 75459 | 6-8 | 3.3 mi |
Howe High School 200 E Ponderosa, Howe, TX 75459 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2164 Midway Acres Dr
Date
Details
Price
Change
Source
8/04/2025
Listed
$1,168,937
—
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 2164 Midway Acres Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24
-11%
$1,693
7%
2023
$27
-18%
$1,581
-12%
2022
$33
100%
$1,803
-4%
2021
100%
$1,885
-10%
2020
100%
$2,096
-21%
2015
-100%
$2,639
-9%
2018
$63
-2%
$2,900
-7%
2017
$64
—
$3,122
1%
2016
$64
10%
$3,089
8%
2019
$58
-41%
$2,854
-38%
2015
$98
1%
$4,586
-1%
2013
$97
—
$4,614
1%
2013
$97
—
$4,567
—
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 2164 Midway Acres Dr
2164 Midway Acres Drive, Howe, TX 75459 (MLS# 21007330) is a Lots/Land property with a lot size of 24.871 acres. 2164 Midway Acres Drive is currently listed for $1,168,937 and was received on August 04, 2025. Want to learn more about 2164 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.

