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$40,000

Lots 3-5 Elm St, Blooming Grove, TX, 76626

PendingInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Read below info: offers due by 7-15-26. NOTICE OF SALE OF REAL PROPERTY. The Board of Trustees of the Blooming Grove Independent School District (BGISD) hereby serves notice that BGISD will accept sealed bids for the following real properties & any improvements thereto: Property located on corner of W. 2nd St & Elm St, BG, TX 76626, & further described as Lot 1 and 2, Block K, Original Townsite, City of Blooming Grove, Navarro County, Texas according to map or plat thereof, recorded in Book 57, Page 106, Deed Records of Navarro County, Texas (Parcel IDS 34116, 34115, & 51445) (Property 1). Property located on corner of Elm St & 3rd St, BG, TX 76626, & further described as Lot 3, 4, and 5, Block K, Original Townsite, City of Blooming Grove, Navarro County, Texas according to map or plat thereof, recorded in Book 57, Page 106, Deed Records of Navarro County, Texas (Parcel IDS 34117, 34118, and 34119) (Property 2) Interested parties may the District's Real Estate Ag, Laura Smith to request a copy of the Bid Package. The Bid Package details the proposed conveyance, reservations(including a reservation of the of the gas, minerals and groundwater), and other important information as to the Property. Bidder's may bid on both Properties or an individual Property; ALL BIDS MUST BE SUBMITTED ON THE DISTRICT'S FORM PROVIDED IN THE BID PACKAGE. BGISD reserves the right to reject any & all bids & to waive any informality in bids received. Bids received after the deadline, faxed bids, & electronic bids will not be considered. Sealed Bids may be submitted to Laura Smith, or delivered to the District at 212 W Grady BG TX 76626. Sealed bids will be received until: 2:00 PM, Wednesday, 7-15-2026, whereupon the Bids will be opened & read aloud at the BG High School Main Entrance, 212 W. Grady St, BG,Texas 76626. The Board of Trustees will accept or reject the proposed bids at their regular meeting on Thursday 7-23-2026 at the Library at 212 W, Grady St, BG, Texas 76626.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Blooming Grove

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Lots 3-5 Elm St | Property Details | No Agent List