SALE OF SURPLUS REAL PROPERTY FOR RESIDENTIAL USE

The City of Terrell is offering a vacant residential lot (Lot 6, Griffith Manor Addition, 6 Griffith Court, Terrell, TX 75160) for sale to the highest responsible bidder. The property is sold “as‑is, where‑is” with no warranties, and the buyer must provide a cash purchase (no financing contingencies) and cover all closing costs. A minimum bid of $50,000 is required, and each bid must be accompanied by an earnest‑money deposit equal to 3 % of the bid amount. Bids are sealed and due by 2 p.m. on November 12, 2026; questions must be submitted by November 3, 2026. The winning bidder must close within 30 days of the City Council’s resolution and will receive a special warranty deed. • Property: 0.43 acre residential lot, Parcel ID 24917 • Minimum acceptable bid: $50,000 • Earnest‑money deposit: 3 % of bid amount (cashier’s or certified check) • Sale type: 100 % cash, “as‑is” with all faults; no financing, appraisal, or development contingencies allowed • Closing timeline: up to 30 days after award; buyer pays all closing costs • Bid submission: sealed envelope, labeled “RFP 27‑03”, delivered to Development Services Department by 2 p.m. Nov 12, 2026 • Questions deadline: 5 p.m. Nov 3, 2026 (email to [email protected])