The offer to purchase must meet or exceed the sale price.
Price
$135,000.00
Total Acreage
5.0010
County
McLennan
Tract Number
14982
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
5.001 acres Tract Two-A out of the Jackson Hensley Svy, A-400, McLennan County, Texas. Deed dated 1/14/26, #2026002469. Tax ID: 413080.
Tract Dimensions
A=300.10' B=725.90' C=300.10' D=725.90'
Location
Address: 1009 Oak Knoll Ln, Elm Mott, TX 76640. From the intersection of Leroy Parkway and Mesquite Tree Road in Elm Mott, travel along Mesquite Tree Road towards Lincoln City Road for approximately 0.7 miles. Turn left onto Lincoln City Road and travel for 1.9 miles to Oak Knoll Lane. Turn right onto Oak Knoll Lane and travel for 0.3 miles, the subject will be on the right. Tract is in a flood plain. GPS Coordinates: 31.671513, -97.065311
Account Number
240281
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
