Property profile

21805 Hwy 69 Bullard, TX 75757

OFF-MARKET
Retail properties & Spaces
1,320 SF 235.62 ac lot
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Property summary

AI-generated overview

This exceptional 235.62-acre property, located at 21805 Hwy 69 South in Bullard, Texas (zip code 75757), presents a unique investment opportunity. Currently zoned for mixed-use development, this expansive tract offers unparalleled potential for a variety of projects. The 1,320 square foot existing structure provides a potential starting point or could be easily removed to accommodate larger-scale development. The property is situated on the east side of Highway 69, representing the premium portion of a larger 268-acre parcel. This location offers excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. Potential uses include high-density residential, retail centers, hotels, resort-style golf courses, or auto dealerships, among many other possibilities. The seller is open to selling the east and west sides of Highway 69 separately, or even to multiple buyers simultaneously, providing flexibility for various development scenarios. This is a truly remarkable opportunity to shape the future of Bullard, Texas, and establish a landmark development. The property is situated in Smith County and offers a strategic location with high growth potential. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The asking price for this significant tract is $10,557,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,320 SF
Lot 235.62 ac (10,263,607 SF)

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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