Texas Redemption Deeds
| Sale Type: | Redeemable Tax Deed |
| Interest Penalty: | 25% Penalty per 6 Month Period |
| Bid Method: | Premium Bid |
| Redemption Period: | 6 Months or 2 Years |
| Sale Date(s): | First Tuesday of Every Month |
| Statute Section(s): | Ch 34, Tax Sales and Redemption – Sec 34.01 |
| Over-the-Counter: | Yes – Struck Off, Trustee, or Land Trust Properties |
| Texas State Website: | http://www.texas.gov/en/Pages/default.aspx |
Texas State Overview
Texas is a popular state because as they say “everything is bigger in Texas.” Texas offers one of the highest, if not the highest, interest rates available of all 50 states. After the first year you may make 50% penalty interest on your investment. Many of the counties in Texas use law firms to handle their back taxes and sale of redeemable tax deeds. You can find the main law firms that handle Texas here:
- Perdue Brandon Fielder Collins & Mott LLP, Attorneys at Law www.pbfcm.com
- Linebarger Goggan Blair & Sampson, LLP, Attorneys at Law www.publicans.com
- McCreary, Veselka, Bragg & Allen, P.C., Attorneys at Law www.mvbalaw.com
For any county that does not use a law firm, check with the tax collector department for that county.
