How to Make 25-50% Returns with El Paso County Tax Deed Investing?

This is your guide to making money with Texas tax deed investing. This time, we’re exploring El Paso County, also known as the Sun City.

With its constant sunshine and rich cultural scene, El Paso is a great spot for adventurous investors.

If you’re looking for a way to earn impressive returns on your investments, El Paso County tax deeds might be your answer. Here, you can make 25-50% returns and sometimes buy property for as little as $500. Compared to traditional investments, tax deeds can offer higher returns and a lower starting cost.

How do Tax Deeds in El Paso work?

In El Paso County, when property owners don’t pay their taxes, the county can sell tax deeds at auction. This allows the government to collect unpaid taxes and gives investors the chance to buy properties at a discount. Texas is known for redeemable tax deeds, meaning property owners can buy back their property, giving investors a guaranteed 25% return. If the owner doesn’t redeem, you own the property.

Steps to Start Tax Deed Investing

1. Know the Local Laws

It’s crucial to understand the rules and regulations in El Paso County. You need to know about the redemption period and how the bidding process works.

2. Check Out the Local Treasurer’s Website

For detailed information on tax sales, visit the El Paso County Tax Assessor-Collector’s website.

3. Visit the Auction Site

El Paso County uses an online auction platform for tax deed sales. You can check it out here: El Paso Auction Site.

4. Learn the Details About Tax Deeds

Make sure you understand the sale schedule, parcel details, and other essential information before diving in.

5. Contact the County Office

For additional questions, you can reach out to the El Paso County office through their website.

Important Details

• Tax Sale Type: Tax Deed Sales
• Typical Sale Date: 1st Tuesday of each month
• Redemption Period: 180 days
• Penalty: 25%-50%
• Bid Procedure: Premium Bid
• Deposit: Varies by property

Pro Tips

Look for Deals: You can often find bargains at public tax deed sales, purchasing properties below market value.

Clear the Title: Acquiring property through a tax deed sale requires clearing the title, which can involve extra costs.

Attractions and Economic Highlights in El Paso County

Popular Attractions

El Paso has a lot to offer, from parks and theaters to historic sites like the El Paso Mission Trail and the Wyler Aerial Tramway.

Transportation Infrastructure

The city has great connections with roads, rails, and the El Paso International Airport, making it easy to get around.

Economic Development

El Paso’s economy is diverse, with strong sectors in agriculture, technology, and manufacturing.

Community Appeal

There are plenty of outdoor activities, entertainment options, and eco-tourism opportunities.

FAQs

Q: What is the redemption period for tax deeds in El Paso County?

A: The redemption period is usually 180 days.

Q: How often are tax deed auctions held in El Paso County?

A: Auctions are held on the first Tuesday of every month.

Q: Can I participate in the auctions online?

A: Yes, El Paso County conducts online auctions through RealAuction.

Useful Links

• Tax Deed Information
• County Tax Assessor-Collector
• County Website
• Bidder Registration Site

Need Help?

If you’re looking for more assistance with tax lien investing, grab our free Tax Lien & Deed Mini Course or book a call with us here: Dustin Hahn Real Estate Investing.

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