3140 HELMET ST

IRVING, Texas, 75060-3410

Redeemable DeedpendingSells Nov 3, 2026 · in 25 days

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APN: 32053500010080000

Property Type: Sale
County: Dallas

Value

Assessed Value: $40,000

Opportunity

Opening Bid: $84,974

Opening bid

$84,974

Assessed value

$40,000

Market / AVM

—

Taxes owed

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Case number TX-22-00086

Land/Location Information

APN: 32053500010080000
Land Use: Sale
County: Dallas

Tax Assessment Information

Total Assessed Value: $40,000

County records

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

Dallas CAD search ↗search: 32053500010080000

Deal analysis

Your maximum bid

$20,475

Do not bid — the numbers do not clear your margin.

Opening bid $84,974

Room to bid -$64,499

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

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Median sold

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p(redeem) prior

—

No historical bucket for TX|Redeemable Deed; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

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

Assessed $40,000 ÷ 1 assessment ratio. Texas requires appraisal at 100% of market value as of Jan 1 (Tex. Tax Code § 23.01).

After-repair value: $40,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$3,200
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 ~$75/month.: −$525
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): −$12,000
Maximum bid: $20,475

If the owner redeems

Flat penalty

25%

You'd receive

$5,119

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.
The opening bid of $84,973.53 is already above your ceiling of $20,475.

3140 HELMET ST

Value

Opportunity

Land/Location Information

Tax Assessment Information

County records

3140 HELMET ST

Value

Opportunity

Land/Location Information

Tax Assessment Information

County records

Dallas County rules

Historical comps

Verify before you bid