Bexar County Tax Deed Investing: The Redeemable Deed Advantage

Welcome to our comprehensive guide on tax deed investing in Bexar County, Texas! Bexar County, home to the vibrant city of San Antonio, offers unique opportunities for real estate investors. With its rapidly growing population, diverse economy, and booming tourism industry, Bexar County is an ideal location for tax deed investments. In this guide, we’ll walk you through the steps to start investing in tax deeds, highlight key economic factors, and provide useful tips for maximizing your returns.

Tax deed investing allows you to acquire property at a fraction of its market value by purchasing properties that have delinquent taxes. In Bexar County, properties can be acquired for as little as $500. This type of investment has been around for 400 years.

Understanding Redeemable Tax Deeds

In Bexar County, Texas, tax deed investing means purchasing the actual property at a tax sale auction. If you win the bid, you receive a redeemable tax deed, which gives the original owner a 6-month redemption period to reclaim the property by paying back taxes plus a penalty. During this time, you hold the deed but won’t have full ownership rights until the redemption period ends without repayment. If the owner doesn’t redeem within those 6 months, the property is yours to keep.

Steps to Start Tax Deed Investing in Bexar County

Research and Understand Local Laws

Understanding the legal framework is crucial. Each state and county has different regulations regarding tax deed sales. In Bexar County, the Texas Property Code governs these sales.

Visit the Local Treasurer’s Website

The Bexar County Tax Assessor-Collector’s office provides information on tax sales. Visit their website to find details on upcoming auctions and required documentation.

• County Assessor-Collector Office
• County Tax Deed Information

Check the Auction Site

The County holds tax deed auctions at the County Courthouse. These auctions are typically held on the first Tuesday of each month.

• Location: Bexar County Courthouse, near East Nueva Street and South Main Avenue, San Antonio, Texas 78205

Read the Details About Tax Deeds

Familiarize yourself with the auction process, sale schedules, and parcel inquiries. This information is essential for making informed investment decisions.

Contact the County Office

For any additional questions, contact the County Tax Assessor-Collector’s office.

• Phone: (210) 335-2251
• Address: 233 N. Pecos La Trinidad, San Antonio, Texas 78207

Important Details in Bexar County Tax Deed Sale

• Tax Sale Type: Tax Deed Sale
• Typical Sale Date: 1st Tuesday of each month
• Redemption Period: 180 days for most properties
• Penalty: 25%-50%
• Bid Procedure: Premium Bid
• Deposit: Cashier’s check or money order required on the day of the sale

Pro Tip 1: Understanding Sales vs. Resales

It’s important to differentiate between a sale and a resale in Texas: a sale is the initial auction for delinquent properties, while a resale happens if a property doesn’t sell the first time. Resales often provide opportunities to buy properties at reduced prices, offering a chance to invest with potentially lower bids.

Pro Tip 2: Ensure You Don’t Overpay

Set a budget and stick to it. Conduct thorough research to avoid overpaying, as this can impact your potential profits.

Attractions and Economic Highlights

Popular Attractions

Bexar County boasts several attractions, including:

• The Alamo
• River Walk
• San Antonio Missions National Historical Park

Transportation Infrastructure

Bexar County has a well-developed transportation network, including:

• Major highways and freeways
• San Antonio International Airport
• Public transportation options

Economic Development

The County’s economy is diverse, with significant contributions from:

• Tourism and hospitality
• Military presence
• Healthcare
• Financial services
• Technology

Community Appeal

The County offers a rich cultural environment with outdoor recreational activities, entertainment options, and historical sites.

FAQs for Bexar County Tax Deeds

What is a redeemable deed?

A redeemable deed is a tax deed that lets the original owner reclaim their property within a set redemption period by paying back taxes plus a penalty. The buyer holds the deed during this period and earns the penalty if the owner redeems. If not, the buyer gains full ownership once the period ends.

How often are tax deed auctions held in Bexar County?

Tax deed auctions are held on the first Tuesday of each month.

What is the redemption period in Bexar County?

The redemption period is 180 days for most properties.

What payment methods are accepted at the auction?

Payment must be made via cashier’s check or money order on the day of the sale.

Useful Links

• Bexar County Tax Assessor-Collector Office
• Bexar County Tax Deed Information
• Bexar County Official Website

Need a Hand?

We offer a free Tax Lien & Deed Mini Course and personalized investing plans. Book a call with us to get started and save years of trial and error.

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