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Commissioners accept private resale bid from resident to clear struck-off tax trust interest
Summary
The court accepted a private resale bid under Texas Property Tax Code Section 34.05 from Valeria Evette McAdams to acquire the remaining 50% undivided interest in a property she occupies; commissioners approved the resale deed and directed standard inter-entity notification steps.
Walker County commissioners approved acceptance of a private resale offer for a struck-off tax trust property under Texas Property Tax Code Section 34.05.
A tax office representative said Valeria Evette McAdams inherited a 50% undivided interest in the parcel from her mother and submitted a private resale bid of $5,128 to acquire the remaining 50% that was struck off to the taxing jurisdictions after a tax sale without bidders. The presenter provided analysis showing the bid would cover case costs, publication, court costs, constable commission and deed-recording fees, with roughly $1,798 remaining for distribution under the tax code hierarchy.
Because McAdams' bid was less than the total judgment amount, the presenter explained that other taxing entities that are owed portions of the judgment must also approve the resale; the court voted to accept the private resale offer and the proposed resale deed was included in the meeting packet. The court approved acceptance by voice vote and the clerk will coordinate with other taxing jurisdictions as required before finalizing the deed.
The court recorded the action as acceptance of the private resale offer on account number 54832; the matter will proceed with distribution of sale proceeds according to statutory priorities and with inter-entity approvals where required.
