Why Lee County Is One of Virginia’s Best-Kept Secrets for Tax Sale Buyers

Introduction

Thinking about investing in tax deed properties? Lee County, Virginia could be a great place to start. It’s quiet, affordable, and has tax deed auctions that are open to everyone. Whether you’re just starting out or looking to expand your real estate portfolio, this area offers chances for solid returns—if you know what to look for.

A Quick Look at Virginia’s Tax Sale System

In Virginia, counties like Lee sell tax deeds, not tax liens. That means when property taxes go unpaid, the actual property can be sold at auction. If you win the bid, you get ownership—there’s no waiting for the owner to pay you back.

These auctions are either court-ordered (judicial sales) or handled by the treasurer (non-judicial sales). In both cases, you’re buying real property, not just a lien.

Here’s why Virginia’s system is investor-friendly:

• No redemption period after sale
• You get full ownership after court approval
• Many properties come with land and are priced below market

Important Lee County Tax Sale Details

Detail	Information
Tax Sale Type	Tax Deed Sales (Judicial and Non-Judicial)
Auction Location	33640 Main Street Courthouse, Jonesville, VA 24263
Online Auction Site	Lee Auction Company Website
Typical Sale Date	Varies – check updates on TaxVA
Redemption Period	No redemption period after court confirms sale
Bid Procedure	Premium bid – highest bidder wins
Deposit Requirement	25% of sale price or $1,000 (whichever is higher), capped at $20,000 per parcel
Buyer’s Premium	10% (minimum $100)
Payment Terms	Balance due within 15 days of court confirmation (judicial) or 7 days after sale (non-judicial)
Sold As-Is	Yes – no guarantees, buyers are responsible for research
Treasurer Website	Lee County Treasurer
County Website	Lee County Government
Tax Sale Info	TaxVA – Lee County

Why Virginia Tax Sales Are Worth Considering

In Virginia, tax deed sales are simpler than lien systems used in other states. There’s no waiting period once the court signs off, and you’re buying the property outright—not just a certificate. This makes it easier to manage and gives you more control over your investment.

Fun Facts About Lee County and Virginia

• Lee County is the farthest west in Virginia and borders Tennessee and Kentucky.
• The median home price in Lee County is around $98,598.
• Property values have increased by 9.4% in the last year.
• Some areas face flooding and wildfire risks—about 57% of properties may be affected over the next 30 years.
• The area is mostly rural and car-dependent, with homes often on large lots and great mountain views.

Sources: Redfin Market Overview, TaxVA

Attractions and Economic Highlights

Popular Attractions

Lee County features scenic parks, historical sites, and quiet outdoor areas. You’ll find places like Wilderness Road State Park and Cumberland Gap National Historical Park, popular for hiking and nature trips.

Transportation

Lee County is mainly accessed by road, including U.S. Route 58 and Route 421. The closest major airports are in nearby cities like Knoxville, Tennessee.

Economic Development

The local economy is built on farming, small businesses, forestry, and coal-related services. Land is affordable, and property taxes are relatively low, making it appealing for buyers looking for long-term value.

Community Appeal

This is a peaceful and close-knit community with plenty of outdoor space. It’s ideal for buyers who enjoy nature or want to get away from busy cities.

What Makes Virginia Tax Deeds a Smart Investment?

High Returns with Less Risk

With no redemption period, you get control of the property sooner. Many properties are available for much less than market value, offering high returns if you’re willing to do some legwork.

How the Auction Process Works

1. Register at the Lee Auction Company website
2. Review current listings on TaxVA – Lee County
3. Attend in person or bid online
4. Make a deposit and pay the buyer’s premium
5. Wait for court confirmation (judicial sales)
6. Pay the balance and recording costs

Open to All Investors

Anyone can participate—local, out-of-state, or even international investors. You don’t need to live in Virginia to invest here.

What You Need to Know Before Bidding

Do Your Research (Due Diligence)

Before placing a bid, be sure to:

• Check the property’s location and access
• Research for any back taxes or liens
• Look at maps to see if it’s in a flood zone
• Get a title search

Why Due Diligence Matters

Skipping research can lead to issues like:

• Landlocked lots
• Properties in flood zones
• Unbuildable land or poor conditions

Make sure you understand what you’re buying before making a bid.

Buying Over-the-Counter (OTC) Properties

If a property doesn’t sell at auction, it may be available later over-the-counter.

Benefits of OTC purchases:

• No bidding competition
• Fixed prices
• Easier for first-time investors

Why Lee County and Virginia Are Smart Choices

• Affordable properties in peaceful locations
• Simple sale process
• Great for people looking for mountain views or large lots
• Opportunities for land ownership at lower costs

Conclusion

Lee County, Virginia gives investors a real chance to buy property at a discount. It’s quiet, rural, and full of potential. Just make sure to research each property carefully. If you plan right, these auctions can turn into great investments.

Pro Tips

• Always check if the land has road access
• Use a local title company for help with searches
• Don’t skip the fine print—understand auction rules
• Watch out for natural risks like flooding or wildfire zones

Frequently Asked Questions

Can I bid online?
Yes, just register at the Lee Auction Company website.

Do I need to live in Virginia?
No. Anyone can invest—inside or outside of Virginia.

Do these properties come with any guarantees?
No. All sales are as-is, so always do your research.

What if a property doesn’t sell at auction?
It may be offered again at a later auction or available over-the-counter.

Useful Links

• Lee County Treasurer
• Lee County Government
• Tax Sale Listings on TaxVA
• Lee Auction Company
• 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?

The Auction calendar is where Lee County tax sale opportunities begin. Let our free resources help you get going, and book a call with an expert if you’d like help planning your first investment

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