Bastrop County Tax Sale: The Basics
If you're interested in real estate investment or looking for property deals, the Bastrop County Tax Sale might be worth your attention. Here's an overview of the process, tips for participating, and what to expect.
How the Tax Sale Process Works
Bastrop County holds tax sales quarterly to auction properties with delinquent taxes. The properties are sold at the county courthouse steps. In 2024, these sales occurred in February, June, August, and November, with the final sale on November 5. The cycle will begin anew in 2025.
The auction is facilitated by MVBA Law, a firm contracted by the county. Their website, MVBA Tax Sales, publishes upcoming auction dates and property lists.
Steps to Participate
Register Onsite: Arrive at the courthouse an hour before the auction (typically starting at 9:00 AM). Bring your driver's license, and you'll receive a yellow card to use for bidding.
Payment Requirements:
You must pay with certified funds (cashier’s check).
Payment is due within two hours of the auction closing.
Understand the Risks: Properties are sold as-is through a Sheriff’s Deed without warranty. There is no guarantee of a clear title, and you may face liens or other claims on the property. Research is crucial before bidding.
Important Considerations
Redemption Rights: Original property owners may reclaim the property:
Two years for homesteads or agricultural land.
180 days for other properties.
Owners must pay a redemption premium to do so, which can still result in a return on your investment.
Research Thoroughly:
Check zoning and floodplain status.
Inspect the property in person.
Investigate surrounding infrastructure (e.g., roads, utilities).
Review any additional liens, taxes, or HOA fees.
Recent Sale Highlights
At the November 2024 auction, 47 properties were listed, ranging from raw land to residential lots. Here's an example of a notable deal:
Elgin Property:
Starting Bid: $50,000
Sold For: $93,000
County Assessed Value: $227,000
Potential: Located on Thomas Road near 290, ideal for commercial development.
Properties in areas like Tahitian Village are frequent in these sales. While some lots are affordable, be cautious about hidden costs and buildability.
Tips for Success
Be Prepared: Review the property list in advance and map out a plan.
Visit Properties: Even a drive-by inspection can help you evaluate potential risks.
Seek Professional Guidance: Consult with the county or an expert if you’re uncertain about specific properties.
Why Tax Sales Can Be a Great Opportunity
Tax sales can yield incredible deals for investors and buyers willing to take on the risks. For example, a seller of mine in Tahitian Village bought dozens of lots at a tax sale years ago and made significant returns over time. Many to the tune of 10x.
If you're looking to start or expand your real estate investments, Bastrop County’s tax sales might be the perfect opportunity to dive in.
Get Expert Help
Have questions about Bastrop County tax sales or interested in buying or selling property in the area? Contact me, Judah Ross, with the Bastrop Real Estate Group. I’m here to help you secure the best deals and provide a seamless experience.
📞 512-998-1957 📧 judahrossrealtor@gmail.com
Let’s find your next investment or dream property together!
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