Property profile

21805 Hwy 69 Bullard, TX 75757

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21805 Hwy 69 Bullard, TX 75757
Bullard metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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