SALE OF PROPERTY-100 LAKE TRAIL DR, RED OAK, TX

The Red Oak Independent School District is soliciting sealed bids for the purchase of a 23.008-acre property located at 100 Lake Trail Dr, Red Oak, TX 75154. The property is being sold "as is" with all defects, and the District makes no warranty regarding its condition or suitability for any particular purpose. Bidders must submit their bids on the official Bid Form, and the minimum bid is $3,750,000.00. The District reserves the right to accept or reject any bid, and the successful bidder will be required to execute a Real Estate Sales Contract within seven calendar days of written notice. • The property is subject to various conditions, including platting or re-platting requirements, private or municipal sewer requirements, and zoning restrictions. • The District reserves all Mineral Rights. • The property may not be used for school purposes. • Bidders must disclose felony convictions and comply with Texas Government Code conflict-of-interest requirements. • A Best and Final Offer (BAFO) process may be used.