Tax Trust Frequently Asked Questions

NOTICE:

Following these steps does not guarantee that your bid(s) will be accepted. Acceptance of bids is at the discretion of the taxing authority and may include other factors.

1. No offer will be accepted unless the "filed" Constable Deed has been processed and filed for record at the County Clerk's office. You may wish to get a copy of this and attach it to your offer.
2. Offers submitted on properties of 5 acres or more and/or with an improvement that are still within the 6 months redemption period must be 100% of the judgment and cost of sale.
3. If you owe delinquent taxes, your offer will not be accepted.

Q. When are the Tax Trust List updated?

A. The Tax Trust lists are updated on the first (workday) of every month. Printed lists are available at the Conroe office after 12:00 p.m. and the branch offices after 12:00 p.m. the next working day. The web site is also updated on the first (workday) of each month.

 Q. When is the deadline for bidding on a particular property?

A. There is no ‘deadline’ for particular tax trust properties. Bids are taken on all of our properties until an acceptable bid is submitted and approved.

Q. What should I bid for a piece of property?

A. Follow these simple steps:

1.      Look at the Total Value of the property (land value + improvement value, if any).

2.      Look at the Total Amount of taxes due (base tax + P&I + legal fees).

3.      Take the lower of the two values and this is the figure you will base your bid on.

4.      Bid whatever you feel is reasonable for the property. In cases where the amount of taxes due is very little or zero, use the Total Value of the property.

Q. I bid the full amount on a property. Why didn’t I get it?

A. Bids are accepted on a first-come, first-serve basis regardless of how much you bid.

Q. How do I find out where the property is located?

A. There are several ways to find the physical location of a piece of property. First, you can take the Account # and look up the property on the Appraisal District’s website here: http://www.mcad-tx.org

Unfortunately, only about 60% of the data records for Montgomery County will have a site address provided, so the next way would be to look at a plat map of the area the property is located. These maps can be obtained from either the Appraisal District or the County Clerk’s office.

Q. When will I find out if my bid was accepted?

A. Due to the sheer volume of bids received we ask that you give us at least 30 days to receive, process, input and consider the bids. If you have not gotten a response in that time period, please contact our office at (936)539-7897 and ask to speak with Pamela Evard.

Q. How accurate are the lists on the website?

A. We make every effort to ensure the accuracy of the data on our tax trust lists available via the website. However, the lists are only updated once a month due to the overhead involved in updating the many list formats we provide. Please feel free to contact our office to get the most up-to-date information on a property you are interested in.   

Q. How do I know if there are any outstanding liens on a property?

A. Do your research! Check with the County Clerk’s office as most liens have to be filed with them.

Q. How do I go about bidding on a piece of property?

A. To make a bid on these properties please include your contact information, the account number of the property, the legal description and your bid amount to the following address: J.R. Moore, Jr., 400 N. San Jacinto, Conroe, TX 77301. Please mark envelope with BID ENCLOSED.

Q. What happens if my bid is accepted?

A. If you have submitted a successful bid for a piece of property you will receive a Letter of Acceptance from this office. You have ten (10) days from receipt of the letter to submit to our office a CASHIERS CHECK only in the amount of your accepted bid.

Q. How do I get information on Tax Sale properties?

A. Click here for information on Tax Sale properties.

If your question could not be answered from this page, please e-mail: lpetro@mctx.org