Since 1946, Texas Veterans and Military Members can finance land purchases on favorable terms through the Texas Veterans Land Board. We know that many Veterans and Military Members would like to own a slice of heaven we call Texas.
The current sale features 14 tracts in 12 counties, totaling more than 106 acres. Available tracts can be viewed on the VLB land sales page. All bids must be placed by Jan. 21, 2020 at 5 p.m. C.T.
A Veteran or Military Member whose bid is accepted may apply for a VLB land loan and benefit from exceptional rates and terms:
- $150,000 available on a minimum one-acre property tract
- 7.25% interest rate
- Minimum 5% down payment
- Payment term is up to 30 years
VLB land loans are available to finance any land tract of one acre or more in Texas.
Tracts that do not sell during the quarterly sales are made available to the public. VLB land loans are available for these tracts at the interest rate of 8.25%.