Arlington Economic Development Corporation Staff Report All Cash Contract of Sale - Mary A. Stewart - 1215 Altman Drive 2026-06-09
AEDC Approves $300,000 Acquisition of Altman Drive Property
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Description
The Arlington Economic Development Corporation will purchase 1215 Altman Drive from Mary A. Stewart under an all cash contract for $300,000 plus closing costs and up to $2,000 in attorney fees. The agreement includes a temporary residential leaseback to assist the seller with relocation.
Contract Details
Contract Amount
$300,000 plus closing cost and seller’s attorney fees not to exceed $2,000
Vendor
STEWART, MARY a
Agency
City of Arlington, TX
Contract Type
OTHER
Document Date
June 9, 2026
Renewal Info
One-time purchase with temporary residential leaseback; no renewal stated.
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