The offer to purchase must meet or exceed the sale price.
Price
$234,500.00
Total Acreage
3.4728
County
Cameron
Tract Number
14976
A Veteran or Military Member whose bid is accepted may apply for a VLB Land Loan at a 7.25% interest rate, with a 30-year term and minimum 5% down payment. The VLB will only finance up to 95% of the minimum bid or $200,000 whichever is less. Any amount offered over the minimum bid or $200,000.00 must be paid at closing by the awardee. The maximum loan amount offered through the VLB Land Loan Program may not exceed $200,000. Two veterans who are spouses and are individually eligible to participate in the land loan program and satisfy all program qualification and requirements, may be eligible to apply for a land loan to purchase the same tract of land (minimum of one net acre), and may borrow up to $275,000, with a minimum requirement of five percent down. FLS tracts may be pulled from the sale solely at the discretion of the Veterans Land Board.
Legal Description
Lot 27, Section 10, Bayview Citrus Groves Unit 4 Subdivision, Cameron Couty, Texas. Deed Dated: 11/6/2025, #2025-43051. Tax ID# 121908.
Tract Dimensions
A=590.0' B=267.7' C=551.8' D=265.0'
Location
From the intersection of SH 100 and FM 1847 in downtown Los Fresnos, directions to the subject are as follows: thence north on FM 1847 (aka Paredes Line Road) a distance of 4.0 miles; thence east on FM 510 (aka San Jose Road) a distance of 3.8 miles; thence south on Camp Road a distance of 0.64-mile to the intersection of Calle Hermosa; subject is on the southeast corner of Calle Hermosa and Poco Parte (aka Camp Road). The area in the resaca is in an area susceptible to flooding. The GPS location of the subject’s approximate midpoint is 26.120248, -97.410725.
Account Number
000235567
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
