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Midway Acres Drive
Howe, Texas 75459

County: Grayson G-0777

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.

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Essential Information

  • Price$722,475
  • Reduced By$333,450
  • Cumulative Days on MarketUnlock
  • MLS® #21233462
  • Acres18.53
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 11 Active and 5 Sold Listings

Pricing Trends from 11 Active Listings in G-

This Home's Price $722,475 This Home's Price Per SqFt $
Average Price $2,563,029 Average Price Per SqFt $
Highest Price $12,000,000 Highest Price Per SqFt $
Lowest Price $375,000 Lowest Price Per SqFt $

Pricing Trends from 5 Sold Listings in G-

This Home's Price $722,475 This Home's Price Per SqFt $
Average Price $1,991,800 Average Price Per SqFt $
Highest Price $7,560,000 Highest Price Per SqFt $
Lowest Price $199,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • AddressMidway Acres Drive
  • SubdivisionG-0777
  • CityHowe
  • CountyGrayson
  • StateTexas
  • Zip Code75459
  • HOANone
  • UtilitiesAsphalt, City Water, Electricity Available, Gravel/Rock, Outside City Limits

Exterior

  • Lot DescriptionAgricultural, Few Trees

Additional Information

  • ZoningAgricultural

Private Listing Information (Registration Required)

Listing Details

  • AgentHouston Pitts
  • OfficeFarmersville Real Estate Company

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Listing information last updated on October 15th, 2026 at 9:31pm CDT.