Gov. File# L-30962: 0.2617 Acre Lot in Calhoun County, Texas
Legal Description: Mallorys First Addition; Block 2, Lot 8, 9, PT 7
Parcel ID Number: 39554 | Additional ID: S0685-00020-0002-A0
This is a unique lot and investment opportunity right off of Ocean Dr next to the Beach of Matagorda Bay. There are nearby RV parks, a popular beach camping destination, parks, monuments, and tons of activities great for recreation! The shoreline features white sand beaches and many beach attractions! Disclaimer: Accessibility to lot due to fluctuating water levels.
Your winning bid is for the down payment on the property and then is subtracted from the price of $14,221 you then make monthly installment payments of $189/month at the interest rate of 8% APR. There is a Buyers Premium of 17.5% on only your down payment amount and a low $249 closing cost. There are no prepayment penalties so you can pay the property off at any time which allows you to save on any future interest expense.
GPS Coordinates: 28.559183, -96.536702
Some images may be of the general area and not of the actual property.