Gov: Tx Land, 40 Ac. $24,900@$249/mo Loving County! - Apr 10, 2012 | Governmentauction In Ca
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GOV: TX LAND, 40 AC. $24,900@$249/mo LOVING COUNTY!

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GOV: TX LAND, 40 AC. $24,900@$249/mo LOVING COUNTY!
GOV: TX LAND, 40 AC. $24,900@$249/mo LOVING COUNTY!
Item Details
Description
40 Acres, Loving County, TX - This auction is a bid-and-assume. Your bid is for the down payment and then assume the low balance of $24,900.00 @ $249.00/month plus a one time processing fee of $199 and a Buyer's Premium of 15%.

We charge $6 per month collection fee - yearly taxes will be prorated over 12 months. The Collection fee and yearly taxes will show on your payment coupon along with your monthly payment.

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40 Acres, Loving County, TX
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Item Profile:
GOV FILE #123456789
APN:NW1/4 SW1/4 SECTION 8 BLOCK 55 T2 T&P RR CO. SURVEY *SPLIT*
Parcel Size (Approx)40 Acres
Location:Loving County, TX
 
Interest Rate9.5%
Time Limit To BuildNone
PowerMust Call County
PhoneMust Call County
WaterMust Call County
Sewer/SepticSeptic
RoadsDirt
Taxes$100.00
DuesNone
TerrainFlat to Rolling
ZoningAgricultural, Residential
County Phone(915) 377-2201
Description

This acreage is part of an old cattle ranch and can be described as prairie land with a terrain that varies from flat to rolling with several sandy hills and ridges. This is raw, unimproved land without publicly maintained roads, utilities or other homeowner services of any kind. Some of the largest mule deer in Texas, as well as quail and dove are hunted on the ranch. This property offers excellent speculation potential, enjoyment of recreational usage, a rural retreat or cabin for you and your family, or an asset to simply own and pass along to children and grandchildren.

Loving County, the smallest county in the Permian Basin of West Texas, is bounded on the east by Winkler County, on the south by Ward County, on the west by the Pecos River and Reeves County, and on the north by Eddy and Lea counties, New Mexico.

Mentone is the county seat and only town in the county, is located in its southwestern corner seventy-five miles west of Odessa. The county is named for Oliver Loving, a cattle rancher and pioneer of the cattle drive who with Charles Goodnight developed the Goodnight-Loving Trail.

Elevations vary from 2,686 to 3,311 feet above sea level. Temperatures vary from an average low of 29° F in January to an average high of 96° in July. The growing season lasts 222 days.

 
Buyer's Premium
  • 15%

GOV: TX LAND, 40 AC. $24,900@$249/mo LOVING COUNTY!

Estimate $24,900 - $49,800
See Sold Price
Starting Price $225
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