Courthouse foreclosure acquisitions

Texas Auction Fund

We buy single-family foreclosures from the courthouse using disciplined and proven underwriting.

Market opportunity

Texas foreclosure volume creates a cash-buyer advantage.

Texas leads the country in foreclosure activity. As moratorium-era distortions unwind and borrowers face tighter affordability, courthouse supply has become a larger and more consistent opportunity set.

Supply

Growing auction flow

Rising distress creates more homes to screen, inspect, price, and bid.

Inefficiency

Cash is required

Courthouse buyers need speed and certainty, which removes many traditional buyers.

Discipline

Local details matter

Value, repairs, title, occupancy, rent, and resale liquidity determine the bid.

Investment strategy

Buy at a margin of safety, then choose the best exit.

01

Bid below value

Target purchases at 60-70% of after-repaired value, less estimated repairs.

02

Use operating history

The firm has acquired more than 100 auction houses across prior transactions.

03

Redeploy capital

Historically, capital has been redeployed about twice per year after properties are sold or refinanced.

04

Keep exits flexible

Sell, rent, refinance, or hold based on the property, market, and capital plan.

Operating process

Source, underwrite, bid, close, improve, exit.

1

Source

Use data aggregators and AI-assisted screening to identify auction candidates.

2

Underwrite

Verify values, repairs, occupancy, rent, title risk, and resale liquidity.

3

Acquire

Prefer vacant properties, while selectively buying occupied homes when margin is clear.

4

Improve and exit

Make ready, list with a neighborhood-local agent, sell, rent, or refinance.

Deal flow

A repeatable courthouse acquisition model.

Purchase discipline 60-70%
Repair reserves Built in
Primary exit Resale
Backup exits Rent / refi

Investor fit

Structured for accredited investors seeking exposure to Texas foreclosure acquisitions.

$250K

Minimum investment

36 mo.

Target capital lock-up period

12-18 mo.

Additional unwind period for remaining assets

12%

Preferred return with 10% equity participation

Team and credibility

Built around auction experience, local judgment, and conservative underwriting.

The operating team combines auction acquisition experience with neighborhood-level resale judgment, construction coordination, property management, and disciplined capital allocation.

The advantage is not just finding distressed houses. It is knowing exactly what to bid, how to close, and which exit protects the downside.

Contact

Request the investor deck or schedule a call.

Texas Auction Fund is intended for accredited investors. Contact the team to review the investor materials, track record, fund terms, and current opportunity set.