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  5. ›Sale of 57.48 Acres at Harwood Road and Meadow Park Drive

Hurst-Euless-Bedford ISD·Texas

Sale of 57.48 Acres at Harwood Road and Meadow Park Drive

Closes 8/26/2026$14.3M – $20MInvitation for Bid
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Description

The Hurst-Euless-Bedford Independent School District is soliciting sealed bids for the purchase of 57.48 acres of land located at Harwood Road and Meadow Park Drive in Bedford, Texas. The property is being sold "as is" and the buyer will be responsible for any necessary renovations or improvements. The district is looking for a buyer who will develop the property in a way that is consistent with the city's comprehensive plan and will provide a benefit to the community. The buyer will be required to submit a bid that includes a purchase price, a conceptual site plan, and other information as specified in the bid package. • The property is located in the Meadows District planning area, which is a master-planned residential neighborhood with a mix of housing types, parks, open space, trails, and supporting amenities. • The property is currently zoned R-15, but the city's comprehensive plan suggests that it could be rezoned for a higher density development. • The buyer will be responsible for obtaining any necessary zoning approvals and for developing the property in accordance with the city's regulations. • The district is looking for a buyer who has experience in developing residential properties and who has a track record of success in obtaining zoning approvals and developing properties in a timely and cost-effective manner.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Gary D. Kerbow(Director of Purchasing)

[email protected]

(817) 399-2036

Key dates

Opened
7/29/2026
Questions due
8/12/2026
Pre-bid meeting
8/5/2026
Closes
8/26/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531100
Solicitation №
26-12 Addendum 1

Budget estimate

$14,250,000 – $20,000,000

Based on the minimum bid amount of $14,250,000, it is likely that the budget for this opportunity will be in the range of $14,250,000 to $20,000,000. The actual budget will depend on the final sale price of the property and the terms of the sale. Factors that may influence the budget include the buyer's offer, the district's acceptance of the offer, and any negotiations that may occur during the sale process.

AI estimate from the solicitation

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