Goochland County Tax Sales: What Smart Buyers Need to Know Now

If you’re looking for real estate deals with serious value, Goochland County, Virginia should be on your radar. Just west of Richmond, this area offers solid opportunities through its tax deed sales. Whether you’re new or experienced in property investing, buying here can be a smart move—if you know how it works.

Let’s break it all down.

Quick Look at Tax Deed Investing in Virginia

Virginia is a tax deed state, meaning the county can sell the actual property (not just a lien) when taxes go unpaid. Investors can purchase properties at public auctions—often below market value.

In Goochland, tax deed sales can happen two ways:

  • Through the court system (judicial)
  • Directly through the Treasurer’s office (non-judicial)

Important Details for Goochland County Tax Sales

Here’s a table that sums up what you need to know:

DetailInfo
Tax Sale TypeTax Deed Sales
Auction FrequencyAs needed
Redemption PeriodNone
Interest RateN/A
Bid MethodPremium bid (highest bid wins)
Deposit Required25% of bid or $1,000 (whichever is more)
Buyer’s Premium10% (minimum $150)
Final Payment DeadlineWithin 15 days of court approval
Deed TypeSpecial Warranty Deed
Property ConditionSold as-is
Online AuctionsFor Sale At Auction
Tax Sale InfoTaxing Authority Consulting Services
Treasurer’s OfficeGoochland Treasurer’s Office
County WebsiteGoochland County

Why Virginia is a Good State for Tax Deed Investing

Virginia tax deed sales are fast and final. There’s no long wait period after the auction, so you can take ownership quickly. Investors from both inside and outside the U.S. can participate, which makes it easy for anyone to get started.

Fun Facts About Virginia and Goochland County

  • Goochland’s population is just over 25,000, making it a peaceful, small-town area with room to grow.
  • Many properties have 5 to 50+ acres, great for farming or building rural homes.
  • Route 288 connects the county with major cities like Richmond and Charlottesville.
  • Goochland hosts the Field Day of the Past, a festival focused on farming history and local traditions.
  • The West Creek Business Park is home to companies like Capital One, providing local job opportunities.
historic tuckahoe northern wing Goochland county Virginia

Attractions and Economy

  • Things to Do: Enjoy parks, trails, historic buildings, and local events.
  • Transportation: Major roads like Route 6 and Route 522, plus quick access to I-64 and Richmond International Airport.
  • Industries: Agriculture, manufacturing, and business parks help power the local economy.
  • Community: Friendly neighborhoods, farmers markets, and local fairs make this a comfortable place to live or invest.

Why Goochland is a Smart Place to Invest

  • Rising property values: The median home price is about $650,000, up 8.5% from last year.
  • Plenty of space: Large land parcels are available for residential or farming use.
  • Easy access: Good roadways and proximity to Richmond add to long-term value.
  • Lower entry costs: Compared to nearby counties, prices can be more affordable.

High Returns, Low Risk

With no redemption period and a fast closing process, tax deed investing in Goochland can deliver high returns with less hassle. You get the property outright if you’re the winning bidder and meet the payment deadlines.

How Goochland Tax Auctions Work

  1. Check property listings on TACS or For Sale At Auction.
  2. Register in advance—online or in-person.
  3. Place your bids during the auction.
  4. Pay a deposit and buyer’s premium if you win.
  5. Wait for court confirmation (for judicial sales).
  6. Pay the balance within 15 days.
  7. The deed is transferred to your name.

Both online and in-person options are available. In-person auctions are usually held at the Goochland County Administration Building, located at 1800 Sandy Hook Rd.

What Kind of Returns Can You Expect?

Returns come from buying properties well below market value. Some investors flip the property, others rent it, and some just hold it for appreciation. There’s no set interest rate—it all depends on your strategy.

Be Smart: Do Your Homework

Due diligence is key. That means:

  • Reviewing GIS and tax maps
  • Checking for title issues or legal problems
  • Visiting the property if you can
  • Making sure there’s legal access to the land

Skipping this can lead to expensive surprises later.

What If a Property Doesn’t Sell?

You might be able to buy it over the counter (OTC). Contact TACS for more info on what’s still available.

OTC Benefits:

  • No bidding war
  • Clear terms
  • Lower competition

Why Goochland is a Great Choice for Investors

  • Strong real estate market
  • Good local economy
  • Low competition
  • Easy process for out-of-state buyers
  • Lots of space and land variety

Pro Tips

  • Always inspect the property if possible.
  • Set your budget and stick to it.
  • Make sure you have funds ready—no financing allowed.
  • Keep an eye on both judicial and non-judicial sales for more options.

FAQs

Q: Can I back out after winning the bid?
No. Bids are legally binding. Backing out can lead to penalties and losing your deposit.

Q: Is title insurance available?
Usually not right away. Do your own title search before bidding.

Q: Can international buyers participate?
Yes, foreign investors are welcome in Goochland tax deed auctions.

Q: How do I register for the auction?
Visit For Sale At Auction to register and get approved.

Q: Is financing allowed?
No, all purchases must be paid in full by the deadlines. No loans or payment plans.

Useful Links

Don’t Miss Your Investment Opportunity!

Goochland County tax sales present solid opportunities. Our auction calendar lists them all. Need advice? Book a call with an expert. Use our free resources for guidance, or book a call with an expert to get a winning strategy in place.

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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.

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