Sale of approximately 4. 82 Acres Waxahachie Tx

Navarro College is soliciting competitive bids for the sale of approximately 4.82 acres of real property located in Waxahachie, Ellis County, Texas, out of Lot PT 1 A Spirolite Addition. The property will be conveyed in as-is, where-is condition with all faults, with the College retaining all mineral rights. Bids must be submitted through the Navarro College Bonfire portal at https://navarrocollege.bonfirehub.com/opportunities by 3:00 p.m. on April 29, 2026, with the bid package posted on April 4, 2026. Interested bidders are encouraged to contact Marcy Ballew at marcy.ballew@navarrocolleg.edu or (903) 875-7330 to schedule property inspections prior to submitting bids. The College will evaluate and select the highest and best bid, defined as the offer resulting in the highest net proceeds to the College, though the Board of Trustees reserves the right to consider other factors including the intended use of the property. Required bid submissions include a Bid Response Form, executed Agreement for Purchase and Sale, Felony Conviction Notice, Conflict of Interest Questionnaire, and Non-Collusion Affidavit. The closing date will occur fifteen days after expiration of a 45-day inspection period, provided all conditions are satisfied.

The bid package does not indicate any set-aside designations or restrictions limiting participation to specific organization types or disadvantaged enterprises. Bidders must submit a minimum bid equal to or greater than the College's appraised value, payable in cash only, and must demonstrate adequate financial resources to complete the purchase and perform any required infrastructure improvements. Each bid requires an earnest money deposit of 5 percent of the purchase price, which remains fully refundable during the 45-day inspection period but becomes non-refundable thereafter except in cases of seller default, along with a nonrefundable independent consideration payment of $1,000.00. Bidders must also agree to reimburse the College for attorney's fees, appraisal fees, closing costs, and other costs incurred in connection with the bidding and sale. The specific appraised value and resulting award amount are not disclosed in the bid package materials provided. The College reserves the right to reject any and all bids, request best and final offers, and withdraw the property from sale at any time.