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Property profile & analytics
OFF-MARKET
Commercial real estate

21805 69 Hwy Bullard, TX 75757

1,320 SF 268.02 ac lot Built 1935
Property ID
Property summary
AI-generated overview

This exceptional 268-acre tract in Bullard, Texas, presents a landmark development opportunity. The listing encompasses the east side of the property, offering 1320 square feet of existing building space, and boasts significant highway frontage along Highway 69. This premium location is strategically positioned adjacent to established developments including Kiepersol Estates, a vineyard and tasting room, Cherokee Ridge Subdivision, and Paloma Ridge Subdivision, ensuring strong synergy and potential for high demand. The property's versatility allows for a wide range of development options, including high-density residential, retail, hotel, resort-style golf, and auto dealerships. The existing structure across Highway 69 is included in the sale. While the owner is willing to sell the east and west sides separately, they will not be subdivided further. However, the owner is open to selling to multiple buyers simultaneously, provided all contracts close concurrently. This presents a unique chance to acquire a substantial parcel of land in a rapidly growing area with immense potential for significant return on investment. The property's size and location make it an ideal candidate for a large-scale development project that will shape the future of Bullard.

Property profile
Verified
Property type Commercial real estate
Year built 1935
Total area 1,320 SF
Lot 268.02 ac (11,674,951 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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