The offer to purchase must meet or exceed the sale price.
Price
$160,000.00
Total Acreage
3.0000
County
Walker
Tract Number
14931
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 26, Block 26, Texas Grand Ranch Subdivision, Section 10. Deed dated 5/14/2024, #202499273. Tax ID#: 67171.
Tract Dimensions
A=174.27' B=500.67' C=176.10' D=167.22' E=500.45'
Location
From the intersection of the western frontage road of IH 45 and FM 1374/Possum Walk Road in or near New Waverly, proceed west or northwest on FM 1374/Possum Walk Road for about 4.0 miles to Dipping Vat Road. Turn right on Dipping Vat Road and go about 2.40 miles to Lonestar Road. Turn left on Lonestar Road and go about 2.10 miles to the subject tract on the right (east) side of Lonestar Road. Tract is not in a flood plain. Approximate GPS Coordinates: 30.635648 -95.551206 (point in or near the frontage on Lonestar Road). The maximum loan amount offered through the VLB Land Loan Program may not exceed $150,000.00.
Account Number
230090
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
