AUSTIN Texas Land Commissioner Dr. Dawn Buckingham has announced the opening of an ongoing public land sale through the Veterans Land Board (VLB), which is the only land sale program made available to non-veterans.
In total, 14 tracts are up for sale throughout the state totaling nearly 100 acres and the prices listed are firm. Additionally, an eligible veteran or non-veteran submitting an offer to purchase a tract of land for sale to the public may request a loan from the VLB and it will be processed as a mortgage loan, with a note and deed of trust.
This ongoing public land sale will remain open until all of the tracts have sold. Click here to view the available tracts.
Interest rates applied to these mortgage loans will vary and non-Veterans will carry an interest rate of 8.25%. All applicants requesting VLB financing are subject to VLB credit approval. A minimum down payment of 5% of the sale price, as listed on our website, will be required at closing. Click here to learn more about the VLB Public Land Sale rules.
