DeedPilot

Wise County, Texas

Redeemable Deed81,275 residentsLive auctions →

County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.

Sale typestate default

Redeemable Deed

Redemption periodstate default

2 years for homestead/ag/mineral properties; 6 months for all other property

Investor returnstate default

25% penalty in year one, 50% in year two (homestead/ag); 25% flat for the 6-month category

Governing statutestate default

Texas Tax Code Title 1, Subtitle E, Ch. 34

Notes

Texas redeemable tax-deed. Wise County (Decatur / DFW northwest exurb) posts mortgage substitute-trustee foreclosure notices at the Wise County Courthouse (first floor bulletin; first Tuesday door of SE corner, 101½ N Trinity). Separate tax (sheriff) sales for delinquent ad valorem judgments have also appeared on Bid4Assets as live tax redeemable deed sales (e.g. July 2025 listing at 404 W Walnut, Decatur). Tax Assessor-Collector issues tax certificates and participates in sheriff sales for real property. Confirm each notice: trustee bank foreclosure vs. tax order of sale. Wise CAD (wise-cad.com) is the primary appraisal/parcel source; online tax search at tax.co.wise.tx.us.

Auction logistics

Format

In-person tax/sheriff sale when ordered (confirm Bid4Assets dual listing); separate first-Tuesday trustee sales

Frequency

First Tuesday of the month when tax orders of sale post; trustee sales monthly — not every month has tax inventory

Deposit rules

Certified funds day-of per officer conducting the tax sale. Purchaser typically needs TAC written statement of no delinquent taxes before deed delivery. Sold AS IS, redeemable deed. Read each posting for deposit/payment specifics.

Title risk

Liens that survive the sale
Redeemable tax deed; HOA/POA and federal liens can survive; post-judgment taxes may remain. Independent title search required in this high-growth DFW fringe market with many HOAs.
Quiet title
Common after redemption expires for marketable title, especially before refinance/resale toward Decatur–Rhome–Bridgeport.

Deal maths for Texas

Assessment ratio
1× of market value
Typical quiet title
$1,800–$5,000 · 5 mo
Recording and transfer
$400

Texas requires appraisal at 100% of market value as of Jan 1 (Tex. Tax Code § 23.01).

Offices and records

Areas trending up

Directional read from dated market analysis — not a guarantee, and not a substitute for your own comps.

Decatur / county-seat core

Local government, retail, and school-driven demand on the DFW northwest edge

Rhome / Aurora / I-35W fringe

DFW spillover and highway access supporting new SF absorption

Bridgeport / Runaway Bay lake edge

Lake and energy-service employment with second-home and workforce mix

Sources