Sale of Real Property

Carroll Independent School District is offering for sale approximately 40 acres of land located at 801 Shady Oaks Dr., Southlake, TX, which includes the existing Durham Intermediate School campus (≈132,000 sq ft). The property will be sold “as‑is” with no personal property or warranties. Interested parties must submit sealed bids (or electronic bids via Ionwave) by 2:00 PM CST on 28 August 2026. A $200,000 earnest money deposit is required, and the successful bidder must execute a Real Estate Sales Contract within 7 calendar days of award. Site visits are by appointment only. The District reserves the right to accept, reject, or waive any bids and may extend or cancel the sale at its discretion. • 40‑acre parcel with a 132,000 sq ft school building • Located in affluent Southlake, TX (ZIP 76092) • Sale “AS IS AND WHERE IS”; buyer assumes all environmental and title risks • Earnest money: $200,000 (money order or cashier’s check) • Bid deadline: 28 Aug 2026, 2:00 PM CST (electronic preferred) • Required attachments: Purchase/Sale Agreement, Conflict of Interest Questionnaire, W‑9, earnest‑money proof • No minimum bid amount disclosed; buyer may propose cash or property in exchange • Post‑award: contract execution within 7 days; 90‑day bid validity period.