Tax deed auctions

Waco, Texas
Tax Liens & Mortgage Notes
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Tax deed auctions

Shannon StonebackPro Member
Member since 2026 · 9 posts · 5 votes

Hi! I'm going to first tax auction next week. Online through gov ease for Texas - McLennan county. Would love your tips and tricks (also day 1 on bigger pockets). Do you know any realtors there?

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Mike Kirby
Rental Property Investor · New Braunfels, TX · Member since 2021 · 288 posts · 255 votes
7mo
Quote from @Shannon Stoneback:

Hi! I'm going to first tax auction next week. Online through gov ease for Texas - McLennan county. Would love your tips and tricks (also day 1 on bigger pockets). Do you know any realtors there?

I have bought from MVBA tax sales before and you can call their lawyers and ask questions about a particular property before the sale too. They just started using gov ease. 
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  • Jay TolugantiPro Member
    Investor · Clearwater, FL · Member since 2025 · 225 posts · 78 votes
    7mo
    Being someone who participated in auctions in both Florida and Georgia, I would recommend to have a due deligemce step to make sure you visit the property and take pics and take notes on neighborhood. The final List may be smaller than the one published as people redeem. Good Luck!!
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  • Bo SmithPro Member
    Hinton, WV · Member since 2026 · 1k+ posts · 373 votes
    7mo

    Nice timing jumping in! One thing most people miss at tax auctions: research the redemption period first - Texas gives property owners 6 months to 2 years to buy back depending on if it's homestead. Also McLennan County specifically requires certified funds within 30 minutes of winning, so have that cashier's check ready before you even bid. What's your target buy percentage of tax assessed value?

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  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    7mo

    1) Know the rules and how they affect your costs and returns. 

    2) Know exactly what you are bidding on. Many time worthless strips of land are sold at these auctions. 

    3) Know the true value of the property. The assessed value may not be close to the true value. A vacant lot may be unbuildable, A building may be in terrible condition. Not all deeds are worth bidding on at all. 

    1Reply
  • Mike Kirby
    Rental Property Investor · New Braunfels, TX · Member since 2021 · 288 posts · 255 votes
    7mo
    Quote from @Shannon Stoneback:

    Hi! I'm going to first tax auction next week. Online through gov ease for Texas - McLennan county. Would love your tips and tricks (also day 1 on bigger pockets). Do you know any realtors there?

    I have bought from MVBA tax sales before and you can call their lawyers and ask questions about a particular property before the sale too. They just started using gov ease. 
    2Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    7mo
    Quote from @Shannon Stoneback:

    Hi! I'm going to first tax auction next week. Online through gov ease for Texas - McLennan county. Would love your tips and tricks (also day 1 on bigger pockets). Do you know any realtors there?


     Listen to Ned Carey

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