Former School/Redevelopment Opportunity

301 2nd St, Meridian, TX 76665

Property Information

  • For Sale $950,000
  • Property Type Special Purpose
  • Property Size 50,698 SF
  • Lot Size 3.63 Acre
  • Zoning Commercial (C1)
  • # of Floors 1
  • Year Built 1948
  • Date Updated Dec 15, 2025

Description

AUCTION

Former School/Redevelopment Opportunity

Offered Via Sealed-Bid Auction

Reserve: $950,000 | Appraised Value: $2,275,000 (Oct 2025)

 

Submit Bids now through January 15

 

Current Use & Zoning

Former school campus on a 3.63-acre site in Meridian, TX, zoned Single Family Residential (SF-2). The property includes five existing buildings and permits continued educational or community use, with potential for residential or mixed-use redevelopment subject to local approvals.

Located in a central area of Meridian, this property offers a rare chance to reimagine an established campus for a variety of modern purposes. The existing structures include classroom buildings, a day care, a full gymnasium, and a multipurpose facility with an auditorium and cafeteria. These spaces provide adaptable environments for institutional programs, community-focused initiatives, or creative redevelopment concepts. The site benefits from established infrastructure, accessible layouts, and ample interior square footage that support a wide range of future uses.

 

Site Description

158,103 sq. ft. / 3.63 acres improved with five single-story buildings. Existing structures include classroom buildings, a day care, gymnasium, and a multipurpose facility, situated within a walkable neighborhood setting near the town center.

 

Year Built

1948

 

Prior Use

School Campus / Educational Facility

 

Occupancy

Vacant

Contacts

Paramount Realty USA Auctions

Paramount Realty USA Auctions

Location

Contact Listing Broker
Paramount Realty USA Auctions

Paramount Realty USA Auctions

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