Texas

In State Info by TSL Admin


Primary Sale Type: Redeemable Tax Deed
texas
Secondary Type(s): Resale, Struck Off, OTC
Sale Date(s): Monthly: 1st Tuesday
Bid Type: Premium Bidding
Rate of Return: 25% - 50%, depending on property type and date redeemed
Redemption Period: 180 days - 2 years, depending on property type
Over-the-Counter: Deed
Statute Section(s): Chapter 34. Tax Sales and Redemption
State Website: www.texas.gov

State Overview:

There are 254 counties in Texas.

County Directory

The two most populous areas in Texas are Harris (3,693,000+) and Dallas (2,294,000+) County.

Search Demographics:

Texas is classified as a Redeemable Tax Deed state. Though redeemable, Tax Deeds are issued with the buyer receiving all rights of ownership including the right of use and possession. Sales are conducted monthly, on the first Tuesday, usually through one of three locally designated law firms. OTC parcels are available, usually referred to as 'County Struck Off.'

Auction Process / Redemption:

If the property is the owner's residence homestead, land designated for agricultural use, or is a mineral interest: Redemption period is up to 2 years. Owner pays investor taxes, penalties, interest and costs on the property, plus a redemption premium of 25% of the aggregate total if redeemed during the first year and 50% if during the second year.

If the property is other than the owner's residence homestead, land designated for agricultural use, or is a mineral interest: Redemption period is up to 180 days. Owner pays investor taxes, penalties, interest and costs on the property, plus a redemption premium that may not exceed 25% of aggregate total.

Most counties and those active taxing units collecting their own taxes retain law firms to handle their tax sales. The three largest law firms with their websites are the following:

Perdue Brandon Fielder Collins & Mott LLP, Attorneys at Law www.pbfcm.com
Linebarger Goggan Blair & Sampson, LLP, Attorneys at Law www.lgbs.com
McCreary, Veselka, Bragg & Allen, P.C., Attorneys at Law www.mvbalaw.com

Many active taxing units like cities and independent school districts collect their own taxes. To determine which taxing units collect their own taxes, contact either the County Tax Assessor Collector (often found in an office referred to as the County Tax Office) or the County Appraisal District.

State Resources:

Resource Description Instructions and Additional Information
Texas Department of Transportation A list of county Tax Offices in Texas. Choose county from drop down menu.
Texas Association of Counties Clickable map with county websites in Texas. NA
Texas Comptroller of Public Accounts A list of appraisal disctrit links with information. Click on county, open PDF file.
Texas Association of Appraisal Districts A list of appraisal district websites and links for counties in Texas. NA