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Public Land Sale - Tract: 14968

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

Price

$196,000.00

Total Acreage

10.8900

County

Eastland

Tract Number

14968

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.
See Map
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FLS TYPE II Handbook

Legal Description

10.89 acres, Lot 7, 1416 Ranch, Eastland County, Texas. Deed Dated 6/4/2025, #2025-001771. Tax ID# 70788.

Tract Dimensions

A=860.97' B=407.86' C=626.04' D=1291.57'

Location

From the intersection of Hwy 16 and US 20 south of Strawn, TX, travel south on Hwy 16 for 1.0 miles to Mustang Trail. Turn left on Mustang Trail and travel E for 0.1 miles and the subject is located on the east side of the road where Mustang Trail meets up with Spur Road. Tract is not in a flood plain. GPS Coordinates: 32.484552, -98.517502. Call 1-800-252-8387 for Gate code.

Account Number

30001950

Contact

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

Equal Housing Opportunity