The offer to purchase must meet or exceed the sale price.
Price
$150,000.00
Total Acreage
5.0800
County
Montague
Tract Number
14966
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 19, The Ranches at Blackjack Meadows, an addition to the County of Montage, Texas. Deed Dated 6/3/2025, Instrument# 2502588. CAD PID: R000026970
Tract Dimensions
a=838.00' b=236.85' c=838.00' d=263.80'
Location
From the intersection of Hwy 175 and Hwy 59 in Montague, TX, travel east on Hwy 59 for 2.0 miles to Noble Rd. Turn left on Noble Rd, travel north 1.2 miles to Fenoglio Rd. Turn right on Fenoglio Rd and travel east 0.4 miles to Aurelia School Rd. Turn left on Aurelia School Rd and travel north 0.6 miles to Blackjack Parkway. Turn right on Blackjack Parkway and travel east 0.9 miles to Pondview Lane. Turn left on Pondview Lane and the subject will be on the right. Approximate GPS Coordinates: 33.691648, -97.66195. The tract is not located within a flood plain.
Account Number
239005
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
