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Lake Travis ISD Agenda Item Action Sheet April 2026

Lake Travis ISD Plans $5.3M Land Sale to HSD

$5,300,000.00Lake Travis IsdHSD LOHMANS PARTNERS LPApril 15, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Lake Travis ISD is considering Resolution No. 041526-01 to authorize the superintendent to execute a Letter of Intent and negotiate a Purchase and Sale Agreement to sell a 17-acre surplus tract at 1701 Lohmans Crossing Road to HSD Lohmans Partners LP for $5.3 million. The transaction includes a scheduled closing date of August 15, 2026, and the district will retain all oil, gas, and mineral rights associated with the property.

Contract Details

Contract Amount

$5,300,000.00

Vendor

HSD LOHMANS PARTNERS LP

Agency

Lake Travis Isd, TX

Contract Type

OTHER

Document Date

April 15, 2026

Contract Term

Scheduled closing date of August 15, 2026

Renewal Date

2026-08-15

Renewal Info

One-time sale of surplus real property; no renewals or extensions contemplated. Final Purchase and Sale Agreement will be presented to the board for approval prior to execution.

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