The offer to purchase must meet or exceed the sale price.
Price
$112,000.00
Total Acreage
1.6000
County
Walker
Tract Number
14907
A Veteran or Military Member or a non-veteran whose bid is accepted may apply for a VLB Land Loan:
- Veteran Interest rate: 7.25% and a 30-year term;
- Non-Veteran Interest rate: 8.25% and a 30-year term;
- The VLB will finance up to 95% of the minimum bid or $200,000, whichever is less. Any amount offered over minimum bid or more than $200,000, must be paid at closing by the awardee.
- Minimum 5% down payment.
- The maximum loan amount is $200,000. If two eligible Veterans who are spouses want to buy the same land together, they can borrow up to $275,000.
- Some land tracts (called FLS tracts) can be removed from the sale at any time by the Veterans Land Board. This means not all land will always be available.
Legal Description
Lot 54, Block 21, Texas Grand Ranch Subdivision, Section 9. Deed dated: 10/6/23 #93155. Tax ID# 66928.
Tract Dimensions
A=465.59' B=74.24' C=87.25' D=455.28' E=141.27'
Location
From the intersection of the western frontage road of IH 45 and FM 1374 in or near New Waverly, proceed west or northwest on FM 1374 for about 3.80 or 3.90 miles to Dipping Vat Road. Turn right on Dipping Vat Road and go about 2.30 or 2.40 miles to Lonestar Road. Turn right on Lonestar Road and go about 0.20 or 0.30 mile to Bighorn Road. Turn right on Bighorn Road and go about 0.30 or 0.40 mile to the subject tract on the right (south or southwest) side of Bighorn Road. Tract is in a flood plain. Lat/Long: N30°36'10.454" W95°32'33.14".
Account Number
229449
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
