Austin Foreclosures | Austin HUD Homes | FAQ Guide

Austin Foreclosures

FAQ and Buyers Guide for Austin Foreclosures

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FAQ and Buyers Guide for Austin Foreclosures

What is the difference between HUD Homes and Foreclosures?

Nothing! Another name for a foreclosured home is "HUD Home" and it is defined as a residential property (1-4 units) that has been acquired by HUD after the home has been through foreclosure filings on an FHA-insured mortgage. HUD will become the property owner and attempt to recoup the mortgage writer's loss (FHA) after the formal foreclosure proceedings.

How can I buy Austin Foreclosures?

Foreclosures are purchased through a blind online auction process, and you need to work with a HUD-registered REALTOR such as myself who is approved to sell HUD Homes and has experience with the HUD purchasing process.

Which bids are more likely to win?

Bids submitted from buyers who intend to occupy the property have a higher precedence than those from investors. In other words, if an investor and an owner-occupied buyer make the same offer on the same HUD home, the owner-occupied offer will win.

Is there an option period and will HUD makes any repairs?

Another important difference in buying a HUD home vs. a non-HUD home is that there is no option period, and all foreclosed homes are sold as-is. HUD will not make any repairs to any foreclosed home they sell.

For more information about buying Foreclosures in Austin and Central Texas, please contact me.

New Listings of Austin Foreclosures

The Austin foreclosure listings shown below are updated twice-daily to provide you with the most recent data. Check out the properties below, and let us know if you would like more information on the buying process for Austin foreclosures.

Austin Foreclosures (HUD / REO)

6501 Back Bay Ln, Austin TX 78739 : $326,000 | Austin MLS # 9158314

Located in the Austin, TX subdivision of Circle C Ranch Ph B Sec 02 at 6501 Back Bay Ln, this Residential listing features 5 bedrooms and 3 bathrooms. Built in 1988, this Austin MLS listing has 3,438 sq ft and is listed by Karen Robertson with the Austin Real Estate MLS # 9158314.

1706 Holly St, Austin TX 78702 : $165,000 | Austin MLS # 9801987

Located in the Austin, TX subdivision of Popes Resub at 1706 Holly St, this Residential listing features 2 bedrooms and 1 bathrooms. Built in 1945, this Austin MLS listing has 828 sq ft and is listed by Perry Henderson with the Austin Real Estate MLS # 9801987.

3204 Manchaca Rd 601, Austin TX 78704 : $134,900 | Austin MLS # 2510776

Located in the Austin, TX subdivision of Ivy 78704 Condo Amd The at 3204 Manchaca Rd 601, this Residential listing features 2 bedrooms and 2 bathrooms. Built in 1985, this Austin MLS listing has 900 sq ft and is listed by Lavonne Waller with the Austin Real Estate MLS # 2510776.

10925 Roy Butler Dr, Austin TX 78717 : $359,900 | Austin MLS # 3601800

Located in the Austin, TX subdivision of Avery Ranch North Sec 02 Pud Amd at 10925 Roy Butler Dr, this Residential listing features 4 bedrooms and 3 bathrooms. Built in 2002, this Austin MLS listing has 3,537 sq ft and is listed by Chad Sellers with the Austin Real Estate MLS # 3601800.

54 Rainey St 1011, Austin TX 78701 : $189,900 | Austin MLS # 4343857

Located in the Austin, TX subdivision of Milago Condo Amd at 54 Rainey St 1011, this Residential listing features 1 bedrooms and 1 bathrooms. Built in 2005, this Austin MLS listing has 756 sq ft and is listed by Chad Sellers with the Austin Real Estate MLS # 4343857.

2501 Slaughter Ln, Austin TX 78748 : $220,000 | Austin MLS # 9059056

Located in the Austin, TX subdivision of Tanglewood Forest Sec 03 at 2501 Slaughter Ln, this Multi-family listing features bedrooms and bathrooms. Built in 1984, this Austin MLS listing has 0 sq ft and is listed by with the Austin Real Estate MLS # 9059056.

2513 Andrea Woods Cv, Austin TX 78744 : $79,900 | Austin MLS # 7857093

Located in the Austin, TX subdivision of Meadow Lake Ph 03 & 04 at 2513 Andrea Woods Cv, this Residential listing features 3 bedrooms and 2 bathrooms. Built in 2007, this Austin MLS listing has 1,492 sq ft and is listed by Jayne Decker with the Austin Real Estate MLS # 7857093.

1413 Mussett St, Austin TX 78754 : $179,900 | Austin MLS # 3558878

Located in the Austin, TX subdivision of Pioneer Crossing Ph A Sec 02 at 1413 Mussett St, this Residential listing features 3 bedrooms and 2 bathrooms. Built in 2002, this Austin MLS listing has 2,173 sq ft and is listed by David Aston with the Austin Real Estate MLS # 3558878.

209 Little Walnut Dr, Austin TX 78753 : $99,900 | Austin MLS # 4521311

Located in the Austin, TX subdivision of Dean Terrace at 209 Little Walnut Dr, this Residential listing features 3 bedrooms and 2 bathrooms. Built in 1946, this Austin MLS listing has 1,506 sq ft and is listed by Betsy Doss with the Austin Real Estate MLS # 4521311.

7909 Journeyville Dr, Austin TX 78735 : $354,900 | Austin MLS # 9408332

Located in the Austin, TX subdivision of Lantana Sec 03 at 7909 Journeyville Dr, this Residential listing features 5 bedrooms and 3 bathrooms. Built in 2007, this Austin MLS listing has 3,837 sq ft and is listed by Cary Beach with the Austin Real Estate MLS # 9408332.

711 Decker Prairie Dr, Austin TX 78748 : $129,900 | Austin MLS # 5865550

Located in the Austin, TX subdivision of Texas Oaks Sec 08-a at 711 Decker Prairie Dr, this Residential listing features 3 bedrooms and 2 bathrooms. Built in 1987, this Austin MLS listing has 1,154 sq ft and is listed by Erin Bara with the Austin Real Estate MLS # 5865550.

10616 Mellow Meadows Dr 47a, Austin TX 78750 : $47,900 | Austin MLS # 2009962

Located in the Austin, TX subdivision of Park West Condo at 10616 Mellow Meadows Dr 47a, this Residential listing features 2 bedrooms and 1 bathrooms. Built in 1990, this Austin MLS listing has 796 sq ft and is listed by Michelle Sheehan with the Austin Real Estate MLS # 2009962.

14812 Avery Ranch Blvd 50, Austin TX 78717 : $169,900 | Austin MLS # 7533026

Located in the Austin, TX subdivision of Plaza Twnhms At Avery Ranch Condo at 14812 Avery Ranch Blvd 50, this Residential listing features 3 bedrooms and 2 bathrooms. Built in 2005, this Austin MLS listing has 1,646 sq ft and is listed by Sheri Taylor with the Austin Real Estate MLS # 7533026.

7801 Shoal Creek Blvd 140, Austin TX 78757 : $83,900 | Austin MLS # 6013533

Located in the Austin, TX subdivision of Tiffany Condo at 7801 Shoal Creek Blvd 140, this Residential listing features 2 bedrooms and 1 bathrooms. Built in 1968, this Austin MLS listing has 789 sq ft and is listed by Sheri Taylor with the Austin Real Estate MLS # 6013533.

4801 Congress Ave C5, Austin TX 78745 : $139,900 | Austin MLS # 7378567

Located in the Austin, TX subdivision of Bel Air Condo Amd at 4801 Congress Ave C5, this Residential listing features 1 bedrooms and 1 bathrooms. Built in 2006, this Austin MLS listing has 900 sq ft and is listed by Hugh M. Parrish with the Austin Real Estate MLS # 7378567.