The offer to purchase must meet or exceed the sale price.
Price
$90,000.00
Total Acreage
6.2860
County
Comanche
Tract Number
14921
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 29 of the Ranches at Deer Crossing Subdivision. Foreclosure Sale Deed 2/16/2024, V1138 / P 258. CAD PID 79908. LAT/LONG: 32° 4'16.68"N, 98°25'28.92"W
Tract Dimensions
a=408.67' b=621.28' c=146.58' d=204.48' e=188.68' f=624.48'
Location
Located approximately seven (7) miles Southeast of De Leon, Texas, in Comanche County. Driving directions are as follows: From the intersection of SH 6 and CR 438, Southeast of De Leon, travel approximately one and three-quarters (1.75) miles South on CR 438 to the entrance to The Ranches at Deer Crossing Subdivision. Ava Grace Lane is the roadway that enters the Subdivision. Drive one (1) mile on Eva Grace Lane to the Subject which is located on the right of Ava Grace Lane. The tract is not located within a flood plain.
Account Number
238702
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
