Carrollton Farmers Branch Independent School District Ionwave #2026-03-084 Addendum 2

Sale of 8.329 Acres of Real Property at 18111 Kelly Boulevard, Dallas, TX by Carrollton-Farmers Branch ISD

This opportunity involves the sale of a significant real estate asset by the Carrollton-Farmers Branch Independent School District: - Government Buyer: - Carrollton-Farmers Branch Independent School District (ISD), Board of Trustees - Property Details: - Approximately 8.329 acres of real property at 18111 Kelly Boulevard, Dallas, Texas (formerly Kelly Elementary School) - Legal Description: Kelly Elementary School Block V/8751 Lot 1 Acres 8.329 - Minimum bid set at $6,530,000 - Property will be conveyed via Special Warranty Deed - Seller retains all mineral rights - Notable Requirements and Conditions: - Property is sold as-is; buyer assumes all environmental risks and costs, including potential asbestos or hazardous materials - 25-year use restriction: property may only be developed for commercial or single-family dwelling purposes - Buyer is responsible for any required platting or re-platting - $5,000 earnest money deposit required with bid submission (money order or cashier's check) - Bids must remain open for 60 days; closing scheduled for 60 days after contract effective date - No OEMs or commercial vendors are involved, as this is a real estate transaction - Place of Performance/Delivery: - 18111 Kelly Boulevard, Dallas, Texas 75287-5642 - Contracting Office: - Carrollton-Farmers Branch Independent School District, 1445 North Perry Road, Carrollton, Texas 75006

Description

The Carrollton-Farmers Branch Independent School District is accepting sealed bids for the sale of approximately 8.329 acres of real property located at 18111 Kelly Boulevard, Dallas, Texas. The property is legally described as Kelly Elementary School Blk V/8751 Lot 1 Acres 8.329, with the seller retaining all mineral rights. Bidders must submit bids on the provided bid forms by April 24, 2026, at 12:00 PM, and bids will be opened and read aloud. The property is sold as is, and the buyer assumes all risks related to environmental conditions. The district reserves the right to accept or reject any bids and to waive any informality in the bidding process.

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