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Updated about 10 years ago,
Tax Sales Properties in Texas - Vacant Land?
I work with a group of investors and we are buyers in multiple tax sales every month Our focus has been primarily cash flow properties; houses that can be secured and rented and generate over 12% ROC. We are looking for ways to expand our opportunities and wonder how many of you are interested in acquiring vacant lots and land in Texas. These properties are subject to redemption periods and title insurance can generally not be obtained for first two 2 years.
If you know anything about Tax Deed investing, you know Texas is very investor friendly with some of the highest redemption penalties in the nation. That's why the redemption rate averages less than 15%, statewide.
Hope to hear lots of your opinions and comments!
Roy