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 a minimum 5% down payment.
Texas Insider Report: AUSTIN, Texas – Texas Land Commissioner and Veterans Land Board (VLB) Chairwoman Dawn Buckingham, M.D., is encouraging Veterans to act now and bid during the exclusive Veterans-Only Land Sale. The sale includes six available tracts totaling more than 41 acres. Bidding closes on Thursday, October 15, 2026, at 5:00 p.m.
Earlier this year, the VLB approved an increase for the VLB standard land loan amount from $150,000 to $200,000 and the dual-spouse land loan amount from $225,000 to $275,000.
Click HERE to view the land tracts and place a bid:Veterans and Military Members may bid on more than one tract. 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 a minimum 5% down payment.
The VLB will finance up to the minimum bid amount. The awardee must pay any amount offered over the minimum bid at closing. The maximum loan amount provided through the VLB Land Loan Program is $200,000 for individual eligible Veteran borrowers and $275,000 for Veteran spouses who are both individually eligible to use the program. VLB land loans can also be used to purchase other non-commercial land that is one acre or more and meets VLB requirements.
