The offer to purchase must meet or exceed the sale price.
Price
$148,000.00
Total Acreage
1.3500
County
Walker
Tract Number
14983
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
1.35 acres, Lot 93, Block 1, Estates of Texas Grand Ranch, Section 1, Walker County, Texas. Deed dated 2/23/26, #2026-115561. Tax ID: 75406.
Tract Dimensions
A=240.62' B=280.59' C=211.15' D=39.09' E=120.09' F=80.86'
Location
TBD Heartland Road, New Waverly, TX 77358. From the intersection of the western frontage road of IH 45 and FM 1374 in or near New Waverly, proceed north on the western frontage road of IH 45 for about 4.50 miles to Lonestar Road. Turn left on Lonestar Road and go about 0.40 mile to Outland Ranch Road. Turn right on Outland Ranch Road and go less than 0.10 mile to Heartland Road. Turn right on Heartland Road and go less than 0.10 mile to the subject tract on the left (west) side of Heartland Road, in a curve to the left. Tract is not in a flood plain. GPS Coordinates: 30.611233° -95.514354°
Account Number
30009640
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
