Austin and Travis County Foreclosure Listings

Austin, Texas did not experience a real estate crash recently, not like most cities in the U.S. This is due to the slow but steady appreciation we have seen here over the last few years. But there are still plenty of foreclosure homes in Austin and Travis County as a whole, at least at the time of this writing. So if you’re interested in buying a foreclosed property in the “Live Music Capital” of the world, you will find plenty to choose from.

If you are already familiar with the process of buying foreclosed homes, and you merely want access to foreclosure data for Austin and Travis County, use the link above. If you want to learn more about the process of buying such a home, check out the FAQs below.

How many foreclosures are available in the Travis County area?

Obviously, this number changes over time. But right now (May 2009), we are seeing more foreclosed homes in the Austin / Travis County area than ever before. Our economic recession plays a big role in this.

Let’s talk numbers. As of May 1st, 2009, there were more than 3,700 properties that fall into a foreclosure category of some kind. This includes homes that are in pre-foreclosure (notice of default has been given, but the bank has not foreclosed yet), bank-owned properties, and homes that are currently in an auction status.

What is involved with buying a foreclosed home? How does the process work?

This depends a lot on the status of the home. For example, if the property is in a pre-foreclosure status, it may be sold through the short sale process. This means it will be priced below market value to ensure a quick sale. If you purchase a Travis County home in this status, you might be dealing with the homeowner as well as the lender — but the lender will be the ultimate approval authority for any offers made.

If you purchase a home through an auction, you will need to have your “cash in hand” to make the purchase, like any other auction. Entire books have written on the various processes involved. Do yourself a favor an read one before buying a Travis County foreclosure home.

What’s the best way to find foreclosure data on Travis County properties?

The best way to find properties is by using the link I’ve provided below. Sign up for a free trial with Realty Trac, and you’ll have instant access to foreclosure listings for Austin and Travis County, Texas. You can sort the data by status (pre-foreclosure, bank-owned, auction, etc.), and you get updates by email.

The alternative to this is making regular trips to the Travis County courthouse to research foreclosed homes — and who wants to do that?

Learn more about buying foreclosures in Austin, Texas.