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    21805 Hwy 69 Bullard, TX 75757

    For Sale
    $16,227,000

    Exceptional 268-acre tract, Hwy 69 frontage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This remarkable 268-acre property presents an unparalleled development opportunity in Bullard, Texas. The listing encompasses the east side of this expansive tract, offering a premium flagship location with significant potential. This section boasts exceptional highway frontage along Highway 69 South, providing unparalleled visibility and accessibility. The property's strategic location offers diverse development possibilities, including high-density residential, retail, hotel, resort-style golf, and auto dealerships. Its adjacency to established developments such as Kiepersol Estates, a vineyard and tasting room, further enhances its desirability. Southern boundaries border Cherokee Ridge and Paloma Ridge subdivisions, creating a cohesive and thriving community context. Buckey's is already developing on a portion of the adjacent land, indicating strong market interest and potential for synergistic development. While the owner prefers to sell the east and west sides separately, simultaneous sales to multiple buyers are possible, facilitating a streamlined closing process. The sale also includes a main home situated across Highway 69. This is a truly exceptional opportunity to shape the future of Bullard, Texas. The property's size, location, and diverse development potential make it an ideal investment for large-scale projects.

    Property Features for 21805 Hwy 69

    General Information

    Property type
    Other commercial real estate
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bullard
    County
    Smith
    State
    Texas
    Longitude
    -95.31129
    Latitude
    32.16219

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    FAQs

    What type of property is this?
    Commercial real estate - Exceptional 268-acre tract, Hwy 69 frontage.
    Where is this commercial real estate located?
    The property is located at 21805 Hwy 69 Bullard, TX.
    What is the asking price?
    The asking price for this property is $16,227,000.
    (903) 581-7117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21805 Hwy 69 Bullard, TX 75757
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