Investing in delinquent property taxes in Texas is a unique process because . While many other states sell "liens" (the right to collect interest), Texas auctions the actual property through a tax foreclosure sale.
Tax sales are held on the between 10:00 AM and 4:00 PM, typically at the county courthouse or a designated event center. How to Buy Tax Liens in Texas - SmartAsset.com
Instead of a lien certificate, you are bidding on a Sheriff’s or Constable’s Deed , which gives you immediate ownership rights, subject to a "Right of Redemption".
Below is a comprehensive guide on how to navigate this process. 1. Understanding the Texas Model: Tax Deeds
If the owner redeems, they must pay you what you paid at auction plus a flat penalty: 25% penalty if redeemed in the first year.
