The offer to purchase must meet or exceed the sale price.
Price
$122,000.00
Total Acreage
2.3500
County
Somervell
Tract Number
14975
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. FLS tracts may be pulled from the sale solely at the discretion of the Veterans Land Board.
Legal Description
Lots 145 & 146, Vista Ridge Ranch, Somervell County, Texas, According to the plat therof recorded under Clerk's File No. 20221236 and Amended under Clerk's File No. 20222486. CAD PID R000106512 & R000106513
Tract Dimensions
A=160.00' B=160.00' C=320.00' D=160.00' E=160.00' F=320.00' G=320.00'
Location
From the intersection of FM 199 and CR 407 in Nemo, TX, travel east on CR 407 for 1.2 miles to CR 407A. Turn left on CR 407A and travel NW 0.6 miles to Cedar Hill Dr. Turn right Cedar Hill Dr and travel NE then SE for 0.2 miles and the subject will be on the left. Tract is not located within a flood plain. Approximate GPS Coordinates: 32.274666, -97.633344
Account Number
30003003
Contact
VLB
1700 N. Congress Ave. Suite 810
Austin, TX 78701
800-252-8387
512-463-5060
vlbinfo@glo.texas.gov
