The offer to purchase must meet or exceed the sale price.
Price
$291,000.00
Total Acreage
1.5470
County
Navarro
Tract Number
14944
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 18, Diamond Point, an addition to Navarro County, Texas as shown on the map and plat thereof recorded in Volume 9, Page 221 & 222 Plat Records of Navarro County, Texas. GPS Coordinates: 32.050311, -96.297798 CAD Parcel ID 115392
Tract Dimensions
A=395.42' B=66.36' C=25.76' D=431.69' E=231.86'
Location
From the intersection of Highway 287 and FM 637 west of Eureka, travel north on FM 637 for 2.5 miles to FM 2859. Turn right on FM 2859 and travel east 1.4 miles to the entrance of Diamond Point Subdivision and Diamond Point. Turn left on Diamond Point and travel north 0.2 miles to Ruby Drive. Turn left on Ruby Drive and travel northwest 0.1 miles to Emerald Lane. Turn left on Emerald Lane and travel west 0.1 miles to Opal Lane. Turn right on Opal Lane and travel north 0.2 miles and the subject will be on the left. Tract is located within a flood plain.
Account Number
236180
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
