Wood County, Texas Redeemable Tax Deed: Complete Guide to Tax Sale Investing

Introduction to Wood County and This Guide

Wood County sits in the piney woods of east Texas. Established in 1850 and named after early governor George T. Wood, the county spans roughly 696 square miles and is home to lakes, rolling hills and small towns. Quitman is the seat of government and the center of most legal notices. This guide explains how tax sale auctions work in Wood County, including typical sale dates, registration, bidding and redemption. It also covers what makes the county attractive for investors and offers tips to help beginners navigate the process.

Overview of Tax Sale Investing in Wood County

Texas does not sell tax lien certificates. Instead, counties auction redeemable tax deeds. Winning bidders receive a deed to the property subject to the owner’s right of redemption. In Wood County, sales are conducted under the Texas Tax Code. The auctioneer sells property to pay delinquent taxes, penalties and court costs. The bidder pays the full purchase price immediately and receives a deed without warranty. If the original owner redeems the property within the statutory period, the investor earns a substantial return through the redemption premium (25 % in the first year and 50 % in the second year of redemption).

Important Details

Item	Details & sources
Tax Sale Type	Redeemable tax deed (property sold subject to redemption)
Typical Sale Date	First Tuesday of the month at 10 a.m. local time; auctions are held only when there are eligible properties
Redemption Period	180 days for non‑homestead property; two years for homesteads and agricultural land
Interest/Redemption Rate	25 % premium if redeemed in the first year; 50 % in the second year
Bid Procedure	Premium bidding (highest bid wins). Minimum bid equals delinquent taxes, interest, penalties and costs. Full payment by cash or cashier’s check due immediately, usually within two hours.
Deposit	No deposit; bidders must bring funds to pay in full. Some counties require a written tax certificate ($10 fee).
Registration	Registration required on sale day. Bidders must provide a valid ID and sign a statement of no delinquent taxes.

Fun Facts About Wood County

• Natural beauty. Wood County boasts rolling hills, piney woods and numerous lakes. Lake Fork Reservoir, built in 1980, is famous for producing trophy‑sized largemouth bass and draws anglers from across the United States. The county also offers the Mineola Nature Preserve with hiking, birdwatching and horseback riding.
  
• Cultural heritage. Quitman is the birthplace of Academy Award‑winning actress Sissy Spacek. The towns of Mineola, Winnsboro and Hawkins host antique shops, art galleries and live music venues. Annual events like the Mineola May Fiesta and Winnsboro Autumn Trails Festival celebrate local culture.
  
• Economy. Historically known for timber and cotton industries, the county’s economy now includes agriculture, tourism and small businesses.
  
• Transportation. Two major U.S. highways (US‑69 and US‑80) intersect in downtown Mineola, linking the county to Dallas and Shreveport. The Amtrak Texas Eagle line passes through the county, and three local airports—Mineola Wisner Field, Wood County Airport and Winnsboro Municipal Airport—serve small aircraft.
  

Attractions & Economic Highlights

Wood County is an outdoor enthusiast’s paradise. Lake Fork Reservoir anchors the tourism sector and is one of the nation’s top bass‑fishing lakes. The Mineola Nature Preserve on the Sabine River provides hiking and equestrian trails, disc‑golf courses and birdwatching opportunities. Transportation links include US 69, US 80 and state highways 11, 37, 154 and 182, while the Texas Eagle Amtrak route and three regional airports support connectivity. The economy is diversified into agriculture (cattle, hay and poultry), timber production, local manufacturing and tourism. Festivals, farmers markets and arts venues enrich community life and attract visitors, making the county appealing for both residents and investors.

Why Wood County Is Ideal for Tax Deed Investors

Investing in Wood County tax deeds offers high yields with relatively low competition. Because the county uses redeemable tax deeds, investors can earn a 25 % return within six months if the owner redeems the property. The combination of small population and steady tourism creates a consistent supply of properties without the intense bidding wars seen in larger counties. With major highways and a growing tourism sector, property values have trended upward. This mix of rural charm and economic growth makes Wood County attractive for both novice and seasoned investors.

Auction Process for Tax Deed Sales

Wood County follows procedures laid out in the Texas Tax Code. Auctions are held on the first Tuesday of the month at 10 a.m. at the Wood County Courthouse (or designated area). Sales are announced three to four weeks in advance through the delinquent tax attorneys’ websites and local newspapers. Only properties with court‑ordered judgments for unpaid taxes are offered.

How the Auction Works

1. Get the list. Before the auction, review the list of properties and the minimum bid (taxes owed plus costs) at the delinquent tax attorney’s website or at the tax office.
   
2. Register. Bidders must register with the auctioneer the morning of the sale—typically around 9:45 a.m.—and present a valid government‑issued ID. Some counties require a written statement showing no outstanding taxes; check with the tax office.
   
3. Attend the sale. Auctions begin at 10 a.m. The auctioneer reads each property’s legal description and calls for bids. Bidding is “premium” style: the highest cash bid wins. The auctioneer may reject bids below the minimum.
   
4. Payment. Winning bidders must pay the purchase price in full by cashier’s check or cash immediately or within about two hours. Personal checks and credit cards are not accepted.
   
5. Deed issued. Once payment is made, the bidder receives a sheriff’s deed. The deed conveys the property “as is” without warranty. Title insurance is not guaranteed until after a quiet title action.
   

Redemption period. The former owner can redeem homestead or agricultural property within two years, and other property within 180 days. If redemption occurs, the investor receives the purchase price plus the statutory premium of 25 % or 50 %.

Maximum Potential Returns

Texas offers some of the highest returns on redeemable tax deeds. In Wood County, if an owner redeems non‑homestead property within 180 days, the investor earns 25 % of the total amount invested (purchase price plus allowable costs). If the property is a homestead or agricultural land and the owner redeems in the second year, the premium increases to 50 %. Since investors must pay the full bid at purchase, the effective annualized return can be substantial. However, if the owner does not redeem, the investor ends up owning the property and can sell or rent it, which may yield a higher long‑term return. Factors influencing returns include the property’s condition, location, market demand and the amount of post‑judgment taxes owed.

Open to All Investors / Foreign Investor Participation

Texas law allows any person or entity to participate in tax deed auctions. There is no residency requirement, so both U.S. residents and foreign investors can bid. International investors should obtain an Individual Taxpayer Identification Number (ITIN) and be prepared to pay the full purchase price by cashier’s check. Although bidding is open, investors must not owe delinquent taxes in Texas. Participation is therefore contingent on providing a “no delinquent taxes” statement. Foreign investors should understand currency conversion, U.S. banking regulations and the need for legal representation to handle post‑sale matters such as obtaining a quiet title.

Understanding the Wood County Sale Process

International investors may face logistical challenges, such as traveling to the courthouse or appointing a representative. It is possible to have a proxy bid for a corporation or LLC by providing a power of attorney. The redemption rules apply regardless of the purchaser’s domicile, and investors must be prepared for property management if redemption does not occur. Due diligence and legal guidance are especially important for foreign buyers.

What Due Diligence Entails

Steps for Effective Due Diligence

1. Review the property list and court judgment. Obtain the judgment documents from the tax attorney or district clerk to verify liens and defendants.
   
2. Research title and liens. Search county records for other liens (mortgages, IRS liens, homeowner association liens) not cleared by the tax sale.
   
3. Inspect the property. Drive by the property to evaluate its condition. Do not trespass; view from public roads and consult aerial imagery.
   
4. Estimate repairs and resale value. Determine potential renovation costs and compare with market values.
   
5. Calculate holding costs. Include property taxes, insurance, quiet title action and any post‑judgment taxes.
   

Risks of Skipping Due Diligence

Failing to perform due diligence can lead to costly mistakes. Unknown liens may survive the sale if lienholders were not named in the judgment. Structural issues or environmental hazards may require expensive repairs. Investors who bid without verifying the property’s location may purchase landlocked parcels. Additionally, unclear title can delay resale or financing until a quiet title lawsuit is completed. Spending time on research reduces these risks and increases the likelihood of a profitable investment.

Why Wood County Is a Top Choice for Tax Deed Investors

Economic and Tax Advantages

Wood County’s economy benefits from agriculture, timber and tourism. The county’s tax rates are moderate compared with urban areas, and the small population often results in less competition at auctions. The presence of major highways (US‑69 and US‑80), rail service and airports supports commerce and tourism, which can lead to appreciation in property values. Investors who acquire land near Lake Fork, nature preserves or transportation corridors often find strong resale or rental demand.

Real Estate Market Overview

Median home values in Wood County hover around $170,000, and household incomes exceed $60,000 according to recent census estimates. Population growth has been steady, with many retirees and remote workers attracted to the county’s low cost of living and recreational assets. Properties near Lake Fork or along major highways can command premium prices due to tourism and fishing demand. Because the county is rural, vacant land and lots may be available at tax sale for relatively low bids, offering opportunities for new development or resale.

Conclusion

Investing in Wood County tax deed sales can be a profitable venture when approached with careful preparation. Auctions are typically held on the first Tuesday of the month at 10 a.m. at the county courthouse. Winning bidders must pay the full purchase price immediately and accept that the deed carries no warranty. The redemption period ranges from 180 days to two years, with returns of 25 % or 50 % if the owner redeems. The county’s scenic beauty, growing tourism economy and reasonable property values make it an appealing market for investors. By performing due diligence, understanding the auction process and working with local experts, investors can maximize their chances of success.

Pro Tips

1. Check the attorney websites regularly. Wood County posts upcoming tax sale lists on the websites of Linebarger Goggan Blair & Sampson LLP and Perdue, Brandon, Fielder, Collins & Mott LLP. Listings appear about three weeks before the sale.
   
2. Bring multiple cashier’s checks. Arrive with several checks in different denominations so you can quickly combine them to match your winning bid. Change is not provided at the sale.
   
3. Verify occupancy. Some properties may be occupied. Contact the tax attorney or sheriff’s office to learn about eviction procedures and consider this cost in your investment.
   
4. Plan for quiet title. To obtain clear title and sell the property, you may need a quiet title lawsuit. Budget legal costs and time for this process.
   
5. Explore struck‑off properties. If a property does not sell at auction, it is “struck off” to the taxing units. These properties can often be purchased directly from the county at a negotiated price, sometimes called “trust properties.” Check with the tax office for availability.
   

Frequently Asked Questions About Wood County Tax Deeds

Are there financing options for tax deed purchases? No. The county requires payment in full by cash or cashier’s check. Investors must have funds available at the auction.

What happens if the property has a mortgage? Tax sales extinguish most junior liens but do not always clear senior liens or those held by parties not named in the judgment. Always research title to identify surviving liens.

Do I need to evict occupants after purchase? If the property is occupied, the investor must follow Texas eviction procedures. Eviction cannot begin until the redemption period ends unless the occupant voluntarily vacates.

Can I renovate or improve the property before the redemption period ends? Improvements during the redemption period are allowed but risky. If the owner redeems, the investor is reimbursed only for “costs of preservation and maintenance”, not major renovations. Avoid expensive upgrades until after redemption expires.How do I sell or finance the property after redemption? Because tax deeds convey limited title, you may need a quiet title action to obtain insurable title before selling or financing. Consult a real estate attorney experienced in Texas tax deeds.

Useful Links

• Auction Calendar
• How to Profit from Texas’s Redeemable Deeds
• Let’s talk about redeemable tax deeds and how you can profit from them!
• Discover Tax Deeds and how you can find property for as little as $50! 
• Learn How to maximize profits at the Texas Tax Sales

Need a hand?

Wood County tax‑sale listings are posted in our Auction Calendar. Dive into our free resources to strengthen your understanding. If you’d like assistance refining your approach, simply book a call and we’ll walk you through.

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded