The details
According to district documents, the tract of land is located near the intersection of Sam Reynolds Road and Bill Cook Road in Denton County. The seller is Bloomfield Homes, LP.
District documents state the property will be used for future school sites to accommodate the growth within and around the area. The purchase was budgeted and will be funded out of the 2023 bond program.
Diving in deeper
This latest acquisition continues a trend of both land purchases and construction projects district officials have undertaken to keep up with increased student enrollment.
As recently as Oct. 9, the board approved the purchase of a 7.13-acre parcel of land located to the west of US 287 and to the south of CR 4651 near Newark, northeast of Fort Worth's city limits. The district purchased the land for $1.7 million, according to district documents.
Voters passed a $2 billion bond program May 6. According to a district website, components of the bond are as follows:
- Proposition A: $1.7 billion for educational facilities and capital improvements
- Proposition B: $302 million for home stadiums and field renovations
- Proposition C: $22 million for technology devices
NISD is the fastest-growing district in North Texas, the district website states. The district’s student population has grown significantly over the past 20 years from 6,177 in 2003 to 29,248 in 2023.
