1010 E Industry St

Giddings, TX 78942

About this property

List price is minimum bid amount. The Board of Trustees of the Giddings Independent School District (GISD) hereby serves notice that GISD will accept bids for the surface only of 27.1 acres with potential for prime residential development. A portion of this property previously served as the Old Giddings Elementary School. The District has demolished those facilities, and any formerly present hazardous materials (i.e. asbestos) has been properly abated, and the entire facilities have been demolished and removed from the Property. The Property is zoned R-1 and is located near an elementary school in a well established neighborhood with modern amenities and well-maintained outdoor landscaping. The Property will be conveyed subject to the exceptions and reservations contained in the bid package, including the reservation and exception that any conveyance will be for the surface only. The Property does not include the mineral estate. Property is being sold as is and where is, with any and all latent and patent defects and faults. There is no warranty of any kind by the District, including that the Property is fit for a particular purpose. In addition, the Property is being sold subject to any restrictions, reversionary interest, conditions, exceptions and reservations contained in this invitation to bid, instruction to bidders, and exhibits thereto, as well as subject to all recorded interests. INTERESTED PARTIES MAY RECEIVE A COPY OF THE BID PACKAGE BY CONTACTING LISTING AGENT. The property will be conveyed subject to the restrictions, exceptions, and reservations contained in the Bid Package. GISD reserves the right to reject any or all bids and to waive any informality in bids received. See bid package for more information.

About this property

List price is minimum bid amount. The Board of Trustees of the Giddings Independent School District (GISD) hereby serves notice that GISD will accept bids for the surface only of 27.1 acres with potential for prime residential development. A portion of this property previously served as the Old Giddings Elementary School. The District has demolished those facilities, and any formerly present hazardous materials (i.e. asbestos) has been properly abated, and the entire facilities have been demolished and removed from the Property. The Property is zoned R-1 and is located near an elementary school in a well established neighborhood with modern amenities and well-maintained outdoor landscaping. The Property will be conveyed subject to the exceptions and reservations contained in the bid package, including the reservation and exception that any conveyance will be for the surface only. The Property does not include the mineral estate. Property is being sold as is and where is, with any and all latent and patent defects and faults. There is no warranty of any kind by the District, including that the Property is fit for a particular purpose. In addition, the Property is being sold subject to any restrictions, reversionary interest, conditions, exceptions and reservations contained in this invitation to bid, instruction to bidders, and exhibits thereto, as well as subject to all recorded interests. INTERESTED PARTIES MAY RECEIVE A COPY OF THE BID PACKAGE BY CONTACTING LISTING AGENT. The property will be conveyed subject to the restrictions, exceptions, and reservations contained in the Bid Package. GISD reserves the right to reject any or all bids and to waive any informality in bids received. See bid package for more information.

Features and Additional Information

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$825,000 Pending
0 sqft

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Area Information

LC | Lee County | none

$ 825,000
This listing is play_arrow 143.4% higher than the average in the area
$ 339,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
492 days on site
This listing is play_arrow 1792.3% above the average in the area
26 days on site in the area

Schools in the Area

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    Elementary School
    Giddings
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    Middle School
    Giddings
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    High School
    Giddings

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Listed By Lori Schultz
Brokerage: Schultz Texas Properties, LLC

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