242 E Martin Luther King Blvd

Jasper, Texas, 75951

Redeemable DeedstruckSells Aug 4, 2026 · 66 days ago

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SqFt: 720
Lot Size: 18,295
APN: 000147010200

Property Type: Sfr
Distressed: No
Vacant: Yes
Owner Type: Individual
County: Jasper

Value

Estimated Value: $78,000
County Market Value: $20,044; 2025
Assessed Value: $20,044; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2003

Opportunity

Opening Bid: $32,518
Bid / Value: 42%; of $78,000
Property Tax 2025: $345; annual bill · not the amount owed
Equity (est.): $78,000; 100%

Opening bid

$32,518

Assessed value

$20,044

Land $7,318Improvement $12,726

Market / AVM

$78,000

Property tax 2025

$345

Annual bill — the sale list gives no amount owed

Case number 7747

Property facts enriched via realestateapi · 8/25/2026

Ownership Information

Owner 1 Name: Lillie Cauley
Owner 2 Name: John Cauley
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Basement: No Basement

Building Size

Deal analysis

Your maximum bid

$43,741

Walk away above this. Projected profit at the ceiling: $23,400 (30% of ARV).

Opening bid $32,518

Room to bid $11,223

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

History-guided suggestion

$35,258

Under max by $8,483

≤ 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 $78,000. 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: $78,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$6,240
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 ~$117/month.: −$819
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): −$23,400
Maximum bid: $43,741

If the owner redeems

Flat penalty

25%

You'd receive

$10,935

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.

242 E Martin Luther King Blvd

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

Building Size

242 E Martin Luther King Blvd

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Distress Flags

Tax Assessment Information

County records

Jasper County rules

Historical comps

Verify before you bid