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Public Land Sale - Tract: 14941

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The offer to purchase must meet or exceed the sale price.

Price

$127,000.00

Total Acreage

1.0000

County

Burnet

Tract Number

14941

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.
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FLS TYPE II Handbook

Legal Description

Lot 17, Spicewood Trails, Section One, Burnet County, Texas. Deed dated: 11/6/24, #202411514. Tax ID: 113675.

Tract Dimensions

A=165.76' B=263.23' C=165.76' D=262.36'

Location

From Marble Falls, travel south on Highway 281 for 5 miles and then turn left onto Highway 71. Travel for 5.3 miles and then turn left onto Spicewood Trails Drive. Travel for 0.4 miles and the subject will be on the left. Tract is not in a flood plain. GPS Coordinates: 30.488807 -98.203474

Account Number

226592

Contact

VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov

Equal Housing Opportunity