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Longview ISD puts up more land, buildings for sale

Longview ISD puts up more land, buildings for sale
Longview News-Journal
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POSTED: Monday, January 2, 2012 - 10:46am

UPDATED: Tuesday, January 3, 2012 - 11:47am

Anyone looking to buy the former Longview High School and T.G. Field Auditorium at its $1.2 million appraised market value? Longview ISD is asking for about a 500 percent markup.

The school district has placed several former school buildings up for sale, including T.G. Field and the old high school site near downtown.

The district is seeking a $5 million minimum bid on the auditorium and former high school buildings, according to its notice of sale.

The three tracts of land are collectively valued at $1.29 million by the Gregg County Appraisal District.

“Appraised value and market value are based on a set of third party theories, and market prices rarely match those appraisals,” district spokesman Adam Holland said.

Read the full story here.

Comments News Comments

Let's hope they don't sell the prime properties to their cronies with secret bids the way the Lindale ISD did!

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