Hurst-Euless-Bedford Independent School District Ionwave #26-12 Addendum 1

Sale of 57.48 Acres of Real Property by Hurst-Euless-Bedford ISD in Bedford, Texas

This opportunity involves the sale of a 57.48-acre parcel of real property by the Hurst-Euless-Bedford Independent School District (HEB ISD) in Bedford, Texas. - Government Buyer: - Hurst-Euless-Bedford Independent School District (HEB ISD) - Contact: Mr. Gary Kerbow, Director of Purchasing - Property Details: - Approximately 57.48 acres located at Harwood Road and Meadow Park Drive, Bedford, Texas - Composed of two tracts: 40 acres and 17.483 acres - Zoned R-15 Residential (single-family residential subdivision development) - City indicates potential for rezoning to allow smaller lot sizes (5,000 to 7,500 sq ft) - Includes improvements: athletic fields, parking, fencing, lighting, walking/bike path (sold as-is, no contributory value) - City water and sewer available; electric transmission line easement present - Sale Terms and Requirements: - Property sold as-is, with no warranty of fitness - Buyer responsible for removal of existing infrastructure, platting/re-platting, and compliance with all existing agreements - Subject to existing lease with American Tower and agreements with City of Bedford and Suns Field Development - Appraised value: $11,265,000 - Sealed bid submission required, including a $100,000 cashier's check - Registration as a prospective buyer and, if applicable, broker registration required - Acknowledgment of all addenda and submission of all required forms mandatory - No OEMs or commercial vendors are involved, as this is a real estate transaction.

Description

The Hurst-Euless-Bedford Independent School District is soliciting sealed bids for the purchase of 57.48 acres of real property located at Harwood Road and Meadow Park Drive. The sale is conducted by sealed bid, requiring interested buyers to submit a completed Bid Form and a cashier's check for $100,000 payable to the District. The property is sold as-is, with no warranty of fitness, and the buyer assumes responsibility for any removal of existing infrastructure. A pre-bid meeting will be held on August 5, 2026, and bids are due by 2:00 PM on August 26, 2026.

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