1311 W Main St

Clarksville, Texas, 75426

Redeemable DeedcancelledSells Aug 4, 2026 · 63 days ago

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Opening bid

$19,148

Assessed value

$68,994

Land $4,200Improvement $64,794

Market / AVM

$169,000

Taxes owed

—

Parcel number: 0-12270-02100-0010-00
Case number: CV05530
Land use: Residential
Building: 2,644 sqft
Acreage: 0.33
Lot size: 14,288 sqft
Year built: —
Owner of record: Jakie Yoakum

Property facts enriched via realestateapi · 8/25/2026

Aerial view of 1311 W Main St — the parcel

Aerial view of 1311 W Main St — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 130 values

Summary(19)

Id	211,297,385
Free clear	Yes
Mls status	Off Market
High equity	Yes
Mls cancelled	Yes
Property type	SFR
Absentee owner	Yes
Equity percent	100
Investor buyer	Yes
Estimated value	$169,000

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Red River CAD search ↗search: 0-12270-02100-0010-00
Google Maps (parcel / address search) ↗

Red River County rules

Sale type: Redeemable Deed
Redemption: 2 years for homestead/ag/mineral properties; 6 months for all other property
Return if redeemed: 25% penalty in year one, 50% in year two (homestead/ag); 25% flat for the 6-month category
Statute: Texas Tax Code Title 1, Subtitle E, Ch. 34

Full county profile →

Historical comps

No historical bucket for TX|Redeemable Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Deal analysis

Your maximum bid

$99,206

Walk away above this. Projected profit at the ceiling: $50,700 (30% of ARV).

Opening bid $19,148

Room to bid $80,057

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$47,203

Under max by $52,003

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for TX|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $169,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $169,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$13,520
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical TX range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical TX recording and deed issuance cost.: −$400
Holding costs (7 months)assumed Taxes, insurance, and securing the property at ~$254/month.: −$1,775
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$50,700
Maximum bid: $99,206

If the owner redeems

Flat penalty

25%

You'd receive

$24,801

Window

730 days

A 25% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

homestead and agricultural-use property (2 years); all other property is 180 days

Quoted elsewhere as 51% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 180-day vs 2-year window turns on the property's use at the time of sale, which the sale list does not state — treat any homestead-looking residential parcel as potentially 2-year.

AI risk brief

Reads this parcel against Red RiverCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

211,297,385

Free clear

Yes

Mls status

Off Market

High equity

Yes

Mls cancelled

Yes

Property type

SFR

Absentee owner

Yes

Equity percent

100

Investor buyer

Yes

Estimated value