Cabin on Laguna Madre Over the Water - (1) Permit to Lease a State-Owned Property
Notes
DirectBids.com is pleased to offer up for auction the following: (1) Lease Permit to a State Owned Cabin that sits over the water in Kenedy County, Texas on Laguna Madre - PC1149 - State Tract 241, with Latitude/Longitude 27.142451°, -97.440056°. (Near South Padre Island and Baffin Bay). This is a very rare opportunity. Cabin permits in this area are a closely-held and highly coveted prize.
- Only accessible via boat (No electricity, running water, sewage ) - Can be passed down through families for generations - You can transfer your Permit to a new owner - Cabin is for the private use of the owner and their guest- It CAN NOT be rented out - Owner of Permit has the option to renovate or rebuild in same location or - Owner of Permit has the option to tear down the cabin and rebuild new cabin on a state pre-selected site- on land.
The winning bidder of this auction, after Texas School Land Board (SLB) approval, will be the holder of a Texas General Land Office (GLO) Permit for a Cabin on Laguna Madre. The winning bidder will be allowed to renovate or rebuild the cabin, with the same square footage as the existing structure. The GLO will coordinate with the winning bidder the details and requirements of any renovation or rebuilding prior to SLB presentation. If the winning bidder would like to remove the existing structure and rebuild the cabin on land, the GLO will have a pre-selected site for that option, and would coordinate all the details prior to SLB presentation.