Tax Deed (Redeemable) FIPS: 48279 Strike-Off Property List (OTC Resale) Available

Lamb County Public Auctions & Sheriff Sales

Comprehensive guide to county sheriff foreclosure auctions, tax deeds, tax lien certificates, over-the-counter land purchases, and surplus funds in Lamb County, Texas.

Statutory Rate
25% Statutory Penalty in Year 1 (50% in Year 2)
Redemption Period
6 Months (Non-Homestead) / 2 Years (Homestead/Ag)
Bidding Platform
RealAuction / In-Person (1st Tuesday Monthly)
County Population
12.711
Official Auction Access

Where to Bid on Lamb County Auctions

Public delinquent property auctions for Lamb County are managed by the Lamb County Sheriff & County Tax Assessor-Collector and hosted online via Lamb County RealAuction / In-Person (1st Tuesday Monthly) Portal.

Governing Statute: Tex. Tax Code § 34.01 et seq.
Open RealAuction / In-Person (1st Tuesday Monthly)
Requires pre-registration & bidder deposit
Civil Court Executions & Mortgage Foreclosures

Lamb County Sheriff Sales & Judicial Foreclosures

In addition to delinquent tax sales, the Lamb County Sheriff's Office Civil Division conducts regular public foreclosure auctions ordered by the Circuit or Superior Court to satisfy mortgage default judgments, construction liens, and civil court executions.

Sale Location: Courthouse Steps or County Online Portal
Standard Deposit: 10% Certified Funds or Bank Wire
Title Status: Subject to Senior Mortgages & Federal Liens
🏷️
Zero Competition Land Purchases

Lamb County Strike-Off Property List (OTC Resale) (Over-The-Counter)

Parcels and certificates that receive no bids during the scheduled public auctions enter the county's permanent Strike-Off Property List (OTC Resale) inventory. Any citizen or investor can purchase these parcels directly from the Lamb County Sheriff & County Tax Assessor-Collector over the counter for the delinquent taxes and fees owed, without competing in an auction.

How to Buy OTC Land Step-by-Step Contact Lamb County Sheriff & County Tax Assessor-Collector for the latest updated parcel list.
💰 Homeowner Rights & Excess Proceeds

Unclaimed Tax Sale Surplus Funds in Lamb County

When a delinquent property is auctioned in Lamb County for more than the outstanding taxes, penalties, and administrative fees, the resulting funds are termed excess proceeds (surplus funds). By law, these funds belong to the former property owner or their legal heirs.

Statutory Claim Window in Texas:
2 Years to file petition in District Court under Sec. 34.04. After this deadline passes, unclaimed funds typically escheat to the state treasury permanently.
Investor Auction Liquidity

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4 Steps to Bid on Properties in Lamb County

1

Pre-Auction Due Diligence

Review the Lamb County delinquent tax list published 4–6 weeks prior to the sale. Perform title searches on Parcel ID numbers to identify superior federal liens or mortgages.

2

Bidder Registration & Deposit

Register on RealAuction / In-Person (1st Tuesday Monthly) at least 48 hours prior to auction start. Deposit required bidder funds (often 5% of anticipated bid budget or flat $200 deposit).

3

Auction Bidding Strategy

Bid price upward against competing buyers. Ensure you do not exceed your predetermined maximum acquisition budget.

4

Payment & Deed Issuance

Settle the remaining purchase balance within 24 hours. The Lamb County Sheriff & County Tax Assessor-Collector issues a certificate or records the tax deed with the County Recorder.

Frequently Asked Questions: Lamb County Tax Sales

Is Lamb County a tax lien or tax deed county? ▼

Lamb County follows the Texas Tax Deed (Redeemable) statutes. Bidders either obtain a first-position tax lien certificate earning 25% Statutory Penalty in Year 1 (50% in Year 2) statutory return or purchase physical real property deeds at public auction.

Can I buy Lamb County tax properties online? ▼

Yes. Tax auctions are conducted through RealAuction / In-Person (1st Tuesday Monthly) (https://www.realauction.com). Registered bidders can participate remotely from anywhere in the world.

What happens if a property does not sell at auction in Lamb County? ▼

Unsold parcels are added to the Lamb County Strike-Off Property List (OTC Resale) list. These properties can be acquired directly over-the-counter through the Lamb County Sheriff & County Tax Assessor-Collector without an auction.