FM 902, Sherman, TX 75092
Property image
Property image
FOR SALE
3D VIEW
60.4 ACRES

FM 902
Sherman, TX 75092

    $3,000,000

    Est. Mortgage $19,069/mo*

    $3,000,000

    Est. Mortgage $19,069/mo*
    (on 60.40 acres)

    Home Highlights

    Listed
    174 days ago

    Local Information

    • Map ViewExplore the area around FM 902.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    60.4± acres on FM 902 in Howe, TX offering a rare development and land-hold opportunity with current AG exemption in place, providing meaningful tax advantages for investors. This strategically located tract sits just half a mile from US-75 and is directly influenced by the massive regional economic expansion driven by Texas Instruments’ multibillion-dollar semiconductor campus in Sherman, GlobalWafers, and related tech, manufacturing, and infrastructure investment reshaping Southwest Sherman and Grayson County. The property features extensive FM 902 frontage plus over 1,000 feet of frontage on Smith Road, providing strong access, visibility, and connectivity to nearby and emerging residential developments including Timbercreek, Noble Ridge, and Summit Hill. With accelerating rooftops, job growth, and commercial demand moving north, this site represents a rare opportunity for future residential, mixed-use, or strategic land banking within one of the fastest-growing micro-markets in North Texas.

    Home Details for FM 902

    Interior Features

    Appliances & Utilities
    Utilities: Water Available

    Exterior Features

    Frontage
    Road Frontage: City Street, Farm to Market RoadRoad Surface Type: ConcreteNot on Waterfront

    Days on Market

    Cumulative Days on Market: 161Days on Market: 174

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Agricultural, Cattle, Commercial, Development, Industrial, Investment, Single Family, SubdevelopmentParcel Number: 130776

    Price & Status

    Price
    List Price: $3,000,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: HoweCommunity: G-0776 Miller Mary A-G0776, Acres 60.4
    School Information
    Elementary School: Summit HillElementary School District: Howe ISDJr High / Middle School: HoweJr High / Middle School District: Howe ISDHigh School: HoweHigh School District: Howe ISD

    Agent Information

    Listing Agent
    Listing ID: 21164951

    HOA

    No HOA

    Lot Information

    Lot Area: 60.4 Acres

    Offer

    Listing Terms: Cash, 1031 Exchange

    Miscellaneous

    Mls Number: 21164951Living Area Range Units: Square FeetAttribution Contact: 903-821-4557
    Last check for updates: about 3 hours ago
    Listing courtesy of Jeff Dowden 0663053, (903) 821-4557
    Real Broker, LLC, 903-821-4557
    Source: NTREIS, MLS#21164951
    Also Listed on NTREIS.

    Market trends in Howe

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    16
    2
    MoM

    Price History for FM 902

    DatePriceEventSource
    07/08/2026$3,000,000PendingToActiveNTREIS #21164951
    03/17/2026$3,000,000ContingentNTREIS #21164951
    01/28/2026$3,000,000Listed For SaleNTREIS #21164951

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    Comparable Sales for FM 902

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.87
    Lot/Land
    -
    06/11/26
    -
    -
    2.03
    Lot/Land
    -
    02/17/26
    -
    -
    2.14
    Lot/Land
    -
    09/29/25
    -
    -
    2.35
    Lot/Land
    -
    06/03/26
    -
    -
    2.66
    Lot/Land
    -
    04/24/26
    -
    -
    2.47
    Lot/Land
    -
    02/27/26
    -
    -
    2.94
    Lot/Land
    -
    04/17/26
    -
    -
    3.83
    Lot/Land
    -
    03/12/26
    -
    -
    3.86
    Lot/Land
    -
    04/17/26
    -
    -
    3.62
    Lot/Land
    -
    03/12/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for FM 902.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Howe

    At least 16 Trulia users voted on each feature.
    • 80 % Say there's holiday spirit

    • 80 % Say parking is easy

    • 74 % Say car is needed

    • 73 % Say kids play outside

    • 67 % Say it's dog friendly

    • 58 % Say yards are well-kept

    • 55 % Say people would walk alone at night

    • 45 % Say it's walkable to restaurants

    • 45 % Say it's quiet

    • 41 % Say there's wildlife

    • 38 % Say there are sidewalks

    • 38 % Say neighbors are friendly

    • 35 % Say they plan to stay for at least 5 years

    • 29 % Say there are community events

    • 17 % Say streets are well-lit

    • 10 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Michaelshannonleigh
      "A lot of people walk their dogs and it seems pretty safe. Some people let their dogs free roam which we don’t agree with. "
    • Betty M.
      "Lived in Howe for over 30 years. Great place for families or anyone. Entertainment and restaurants are only 15 minutes away. My children and grandchildren went to Howe schools. You couldn't do better in the whole area. I personally would not want to raise kids in Sherman or Denison. "

    LGBTQ Local Legal Protections

    Jeff Dowden, Real Broker, LLC, 903-821-4557
    Agent Phone: (903) 821-4557
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    FM 902, Sherman, TX 75092 is a lot/land. This property is currently available for sale and was listed by NTREIS on Jan 28, 2026. The MLS # for this home is MLS# 21164951.