King William County, Virginia: A Quiet Goldmine for Property Auctions

If you’re looking into tax deed investing in Virginia, King William County might be a great place to start. This area offers a mix of rural character, steady home prices, and an investor-friendly tax sale process. It’s a manageable option for both new and experienced real estate investors.

Quick Overview: Virginia’s Tax Deed System

Virginia uses a tax deed sale system. That means when property taxes go unpaid, the county can auction off the property itself—not just the lien. The key advantage here is that Virginia doesn’t offer a redemption period after the auction, so once you win the bid and complete the process, you own the property.

Important King William County Tax Sale Details

Detail	Information
Tax Sale Type	Tax Deed
Auction Type	Judicial and Non-Judicial
Typical Sale Dates	Varies (Check with TaxVA)
Auction Format	Premium Bid
Redemption Period	None
Interest Rate	Not applicable
Deposit Requirement	Judicial: 25% or $1,000 (whichever is higher); Non-Judicial: Full payment due day of sale
Buyer’s Premium	10% (minimum $150)
Auction Location	King William County Boardroom, 180 Horse Landing Road, King William, VA 23086
Online Auction Site	For Sale At Auction
Contact	TaxVA or email [email protected]
County Website	King William County
Treasurer’s Office	King William Treasurer

For full auction terms and upcoming dates, it’s best to review details on TaxVA’s King William County page.

Fun Facts About Virginia

• Virginia is home to more than 8.6 million people.
• It has one of the lowest property tax rates in the country.
• King William County was established in 1702 and named after King William III of England.
• Virginia’s system is deed-only—you don’t have to wait out a redemption period like in lien states.

Attractions and Economic Highlights

Popular Attractions

King William County is rich with small-town charm and historic significance. It features:

• Forests and waterways like Zoar State Forest
• Historic buildings like the Old Courthouse
• Museums and quiet nature parks

Transportation Infrastructure

While there are no large public transit systems, major roads like Route 360 and Route 30 give quick access to Richmond and nearby cities.

Economic Development

Local employment is based in healthcare, construction, education, and agriculture. There’s steady residential demand due to the county’s location and schools.

Community Appeal

Families love the area for its low crime rate, strong school system, and outdoor lifestyle. Activities include fishing, hiking, and kayaking.

Why Virginia Is Ideal for Tax Deed Investing

Virginia is known for its simple and fast process. You buy the property directly—no waiting around to see if the original owner pays it off. Plus, the market is stable and less competitive than larger states.

What Makes Virginia Tax Deeds a Smart Investment

High Returns with Low Risk

Since Virginia is a tax deed state, you’re bidding on full ownership. Some properties sell for a fraction of their market value, especially in rural counties like King William.

Auction Process

• Properties are listed on TaxVA or For Sale At Auction
• You register to bid, either online or in person
• Winning bidders must pay promptly based on auction type
• You’ll receive a Special Warranty Deed

Maximum Returns

Because properties can be acquired well below market value, the return on investment can be high. Buyers often resell, rent, or improve these properties.

Open to All Investors

Virginia allows anyone to participate—including international investors and out-of-state buyers.

Understanding the Auction Process

1. View listings on TaxVA
2. Research properties (location, access, zoning)
3. Register to bid online or in person
4. Place your bids at auction
5. Make full payment (details vary by auction type)
6. Get your deed after confirmation or payment

Expected Returns and Investor Access

Your returns depend on how much you invest and how well you choose your property. Since King William County has relatively low entry prices, it’s a budget-friendly starting point.

Anyone can participate, whether you’re local, out-of-state, or international.

Importance of Due Diligence

What to Do

• Look up property details ahead of time
• Visit the site if you can
• Check for access, zoning, and easements
• Get a title search
• Verify flood zone status (about 25% of local properties are flood-prone)

Why It Matters

Skipping research can lead to costly mistakes. You might end up with a landlocked property or unpaid liens.

Buying Over-the-Counter (OTC) in Virginia

Not all properties sell at auction. Those left unsold may be available for direct purchase.

How to Buy

• Contact TaxVA
• Ask for the list of OTC properties and instructions

Benefits of OTC Sales

• No bidding
• Fixed price
• Less competition
• Flexible timing

Why King William County is a Good Investment Choice

• Affordable prices
• Family-friendly communities
• Lower crime rates
• Solid school system
• Growing rental market

Real estate sales in the county range from $285,000 to $439,000, depending on location and size, making it a manageable market for both small and large investors.

Pro Tips

• Always verify if a property has road access
• Do your homework before bidding
• Look into title insurance options for resale
• Start with one property to learn the process

Frequently Asked Questions (FAQs)

Can anyone buy property at these auctions?
Yes, as long as you don’t owe King William County any back taxes.

Can I finance my purchase?
No. You must have your funds ready at the time of bidding.

Is there a redemption period?
No. Virginia doesn’t offer a redemption period after tax deed sales.

What kind of deed do I get?
A Special Warranty Deed, subject to recorded restrictions or easements.

Can I get title insurance right away?
Usually no. You may need to do a quiet title action if planning to resell.

Useful Links

• King William County Tax Sales on TaxVA
• Treasurer’s Office
• County Government Site
• For Sale At Auction Website
• Learn How to Profit from Virginia Real Estate Auctions 
• Let’s talk about Tax Deeds and how you can profit from them!
• Discover Tax Deeds and how you can find property for as little as $50! 

Need a Hand?

King William County auctions can lead to real results. Explore listings on our Auction calendar. Use our free resources, or if you’re stuck, book a call and get personal guidance.

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