The offer to purchase must meet or exceed the sale price.
Price
$124,500.00
Total Acreage
1.5200
County
Nueces
Tract Number
14925
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 7, Cenizo Canyon Subdivision. 13723 Hillwood Trail, Corpus Christi, Nueces County, Texas. Substitute Trustee's Deed 2/15/2024 Doc# 2024004710. CAD# 211450. LAT/LONG COORDINATES: 27°51'55.47"N 97°37'53.89"W
Tract Dimensions
a=287.54' b=182.53' c=287.19 d=70.20' e=208.76'
Location
From the intersection of Smith Drive and Hillwood Trail, go west on Hillwood Trail approximately 0.10 mile to the subject on the left. The tract is not located within a flood zone.
Account Number
228390
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
