304 Cj Wise E

Naples, Texas, 75568

Redeemable DeedcancelledSells Aug 4, 2026 · 63 days ago

View on map ↗

Opening bid

$22,150

Assessed value

$241,170

Land $3,920Improvement $237,250

Market / AVM

$371,000

Taxes owed

—

Parcel number: R000005233
Case number: 26,907
Land use: Residential
Building: 2,356 sqft
Acreage: 14.77
Lot size: 643,447 sqft
Year built: 1930
Owner of record: Rex Cantrell

Property facts enriched via realestateapi · 8/25/2026

Aerial view of 304 Cj Wise E — the parcel

Aerial view of 304 Cj Wise E — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 96 values

Summary(9)

Id	213,838,679
Free clear	Yes
High equity	Yes
Property type	SFR
Equity percent	100
Owner occupied	Yes
Estimated value	$371,000
Last update date	2026-08-19 00:00:00 UTC
Estimated equity	$371,000

Lot info

County records

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

Morris CAD search ↗search: R000005233
Tax Sale Properties ↗search: R000005233
Recorded Document Search ↗search: R000005233
Google Maps (parcel / address search) ↗

Morris 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

$222,325

Walk away above this. Projected profit at the ceiling: $111,300 (30% of ARV).

Opening bid $22,150

Room to bid $200,174

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

History-guided suggestion

$93,327

Under max by $128,998

≤ 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 $371,000. 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: $371,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$29,680
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 ~$557/month.: −$3,896
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): −$111,300
Maximum bid: $222,325

If the owner redeems

Flat penalty

25%

You'd receive

$55,581

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 MorrisCounty'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.

213,838,679

Free clear

Yes

High equity

Yes

Property type

SFR

Equity percent

100

Owner occupied

Yes

Estimated value

$371,000

Last update date

2026-08-19 00:00:00 UTC

Estimated equity

$371,000

Deal analysis

Your maximum bid

$222,325

Walk away above this. Projected profit at the ceiling: $111,300 (30% of ARV).

Opening bid $22,150

Room to bid $200,174

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

History-guided suggestion

$93,327

Under max by $128,998

≤ 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 $371,000. 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: $371,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$29,680
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 ~$557/month.: −$3,896
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): −$111,300
Maximum bid: $222,325

If the owner redeems

Flat penalty

25%

You'd receive

$55,581

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.

Apn	R000005233
Land use	Residential
Lot acres	14.77
Census block	3012
Census tract	950100
Property use	Single Family Residence
Lot depth feet	1274.3
Lot width feet	542.9
Lot square feet	643,447
Property class	The general use for the property is for residential purposes
Apn unformatted	R000005233
Census block group	2
Legal description	252 F J STARR 26907

Year	2,025
Tax amount	$4,405
Property id	213,838,679
Market value	$241,170
Assessed value	$241,170
Assessment year	2,025
Market land value	$3,920
Assessed land value	$3,920
Tax delinquent year	2020
Market improvement value	$237,250
Assessed improvement value	$237,250

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	75568
Mail address · city	Naples
Mail address · fips	48343
Mail address · zip4	5146
Mail address · house	304
Mail address · label	304 Cj Wise E, Naples, TX 75568
Mail address · state	TX
Mail address · county	Morris County
Mail address · street	Cj Wise
Mail address · address	304 Cj Wise E
Owner occupied	Yes
Owner1 full name	Rex Cantrell
Owner1 last name	Cantrell
Owner2 full name	Traci Cantrell
Owner2 last name	Cantrell
Owner1 first name	Rex
Owner2 first name	Traci

Address · zip	75568
Address · city	Naples
Address · fips	48343
Address · zip4	5146
Address · house	304
Address · label	304 Cj Wise E, Naples, TX 75568
Address · state	TX
Address · county	Morris County
Address · street	Cj Wise
Address · address	304 Cj Wise E
Address · carrier route	R003
Address · jurisdiction	Morris County
Address · congressional district	01
Deck area	0
Latitude	33.20466929942571
Pool area	0
Longitude	-94.6633671907084
Patio area	0
Year built	1,930
Rooms count	0
Units count	0
Property use	Single Family Residence
Basement type	NO BASEMENT
Lot square feet	26,136
Parking spaces	0
Buildings count	0
Property use code	385
Garage square feet	0
Living square feet	2,356
Partial bathrooms	0
Basement square feet	0
Building square feet	2,356
Price per square foot	0
Parcel account number	10252000000220
Plumbing fixtures count	0
Basement square feet finished	0
Basement square feet unfinished	0

Ids	213838679, 700142291013
Total owned	2
Total value	$462,460
Total equity	$462,460
Purchased last6mos	0
Purchased last12mos	0