Lewisville Independent School District Ionwave #CSB #3361-26 Addendum 1

Lewisville ISD Solicits Bids for Sale or Lease of Surplus Land at Quail Run Road, Flower Mound, TX

Lewisville Independent School District (ISD) is seeking sealed bids for the sale or lease of approximately 18.33 acres of surplus real property at Quail Run Road, Flower Mound, TX. - Property Details: - Approximately 18.33 acres of land, including any improvements - Surface estate only; mineral rights are excluded - Property is zoned AG (Agriculture), allowing single-family residential use - Commercial development would require a zoning change - Utilities (water, sewer, electric) are available adjacent to the property - Offered strictly 'as is, where is,' with no warranties; all risks and costs for environmental conditions or defects are assumed by the buyer/lessee - Transaction Structure: - Bidders may propose either a purchase price or an annual lease amount and term - Partial sales may be considered - No set asking price; competitive sealed bid process - Winning bidder must pay a $5,000 deposit and complete the transaction within 60 days of board approval - Lease term and annual rent to be specified in the bid submission - Submission Requirements: - Hard copy bid submission with all required forms (Form 1295, Conflict of Interest Questionnaire, Felony Conviction Notification, W-9) - Submission fee required - District reserves the right to reject any and all bids - No OEMs or vendors are involved, as this is a real estate transaction - Place of performance is Quail Run Road, Flower Mound, TX 75022

Description

Lewisville Independent School District (Lewisville ISD) is soliciting competitive sealed bids for the purchase or lease of the surface estate only of approximately 18.3296 acres of surplus property located at Quail Run Road, Flower Mound, TX 75022. The sale or lease excludes the mineral estate. The property is sold "as is, where is" with no warranties, and the purchaser/lessee assumes all risks related to environmental conditions. Bids must be submitted in hard copy with required forms and fees by May 19, 2026, at 4:00 PM CT to the Lewisville ISD Procurement Department.

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