21805 Hwy 69 Bullard, TX 75757
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.