Wise County, Texas

Oct 6, 2026 · in 24 days

Redeemable Deedscheduledvia Linebarger (LGBS)

Parcels

Opening bids

$141,067

all parcels priced

Redemption

730 days

25% flat penalty

Quiet title

$2K–$5K

typically required

What survives this 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.

Wise County rules

Sale type: Redeemable Deed
Redemption period: 2 years for homestead/ag/mineral properties; 6 months for all other property
Investor return: 25% penalty in year one, 50% in year two (homestead/ag); 25% flat for the 6-month category
Governing statute: Texas Tax Code Title 1, Subtitle E, Ch. 34
Population: 81,275 residents
Checked: 2026-07

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
Platform: Wise County Tax Assessor-Collector / Sheriff tax sales (confirm notice)
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

Common after redemption expires for marketable title, especially before refinance/resale toward Decatur–Rhome–Bridgeport.

Offices and records

Tax collector: Wise County Tax Assessor-Collector940-627-3081
Clerk of court: Wise County Clerk — Foreclosure Notices
Property appraiser: Wise County Appraisal District
GIS / parcel map: Wise CAD property search / maps

Areas trending up

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

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.

4 sources

Inherited from Texas rather than researched for Wise: type, redemption, returns, statute.

Parcels — ranked by assessed value over opening bid

Download PropStream list (10 parcels, CSV)

Parcel	Address	Opening bid	Assessed	Spread	Status
A0534009600	144 COUNTY ROAD 3355 · PARADISE	$21,605	$651,275	$629,670	pending
R0670000400	186 COUNTY ROAD 4657 · RHOME	$17,212	$413,591	$396,379	pending
R1380010300	157 POND VIEW DR · DECATUR	$14,532	$206,326	$191,794	pending
A0745005407

Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Texas requires appraisal at 100% of market value as of Jan 1 (Tex. Tax Code § 23.01). Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.