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The Parcel Report- Q3 2025
Thank you for your continued partnership. With a total of $420,500 committed by our 27 active investors, CORE Tax Deeds has grown into a uniquely positioned, asset-backed fund operating across eight counties in Texas. Your support has allowed us to build something with real, measurable value—and we’re pleased to share several updates.
Since inception, we’ve acquired 18 properties, including five residential houses, eleven land parcels, and two with producing mineral royalty income. These acquisitions reflect our ongoing strategy of conservative bidding, low basis entry, and diversified geographic coverage. The estimated resale value of the current portfolio is approximately $985,000.
On the operational side, we’ve had one redemption, completed the sale of three properties, and now hold three promissory notes generating $1,457 in monthly passive income. These activities mark the early stages of monetizing our assets and establishing recurring revenue streams.
Our first distribution to Class A members was issued in March 2025. A second distribution is currently being processed and is expected to be completed by the time this message reaches you. These returns demonstrate the fund’s ability to both preserve capital and generate income within a relatively short holding period.
Looking ahead, our goal is to raise and deploy an additional $700,000 in capital by the end of Q3 2025. This will allow us to expand into more high-yield, tax-advantaged properties— particularly income-producing land and residential homes that align with our existing risk- managed approach.
As always, we remain committed to disciplined execution. Our team continues to focus on acquiring clear-title assets at a discount, with full due diligence performed prior to bidding. CORE Tax Deeds currently has the capacity to underwrite and bid in approximately twenty counties across Texas. This includes areas ranging from the far Northeast to the Rio Grande Valley, as well as regions throughout Central and Coastal Bend. This broad coverage enables us to maintain flexibility and diversify risk in an otherwise fragmented market.
We’re just getting started. If you're considering increasing your position or introducing CORE Tax Deeds to a fellow investor, this is an ideal time. We invite you to schedule a one-on-one call with John to explore what’s ahead.
Thank you again for being part of this journey.
The CORE Tax Deeds Team
John Berlet
invest.coretaxdeeds.com
This communication is intended for existing investors and does not constitute an offer to sell or a solicitation of an offer to buy securities. All investments carry risk. Please refer to the full Reg CF offering at invest.coretaxdeeds.com for details.
Your Gateway to Real Estate Investments

Our Story: CORE Tax Deeds was founded with a singular vision: to unlock the potential of tax deed properties in Texas. Our journey began when our founder, John Berlet, recognized the unique opportunities in the Texas tax sale market. With a background in real estate and a passion for helping investors achieve substantial returns, John set out to create a company that offers both lucrative opportunities and comprehensive support for investors.
John Berlet is the founder and fund manager of CORE Tax Deeds LLC. John has been investing in tax deeds since 1993. He is also the President of Tandem Trust Financial Group, where he focuses on crafting retirement income strategies for clients. John is a Certified Fiduciary Advisor and has been associated with ED Slott's Elite IRA Advisor program since approx. 2000.
WHAT MAKES US DIFFERENT?
Unlike many investment opportunities that are only accessible to accredited investors, our approach under Regulation CF allows almost anyone to participate. This democratization of investment opportunities means that our clients can reap the benefits of high returns and risk-managed investments.
HOW CORE TAX DEEDS WORKS
Your investment is combined with others to allow you to have uninterrupted progress in securing profits via distressed real estate encumbered by taxes owed to the cities, counties, schools, and other taxing jurisdictions. These sheriff’s deeds on property are then converted into marketable deeds and sold at wholesale. You will receive a periodic update of properties purchased & sold.
TAX DEEDS IN TEXAS
The recent shift to conducting tax deed sales online and live, as opposed to on the traditional courthouse steps, has expanded our reach. With all 254 counties in Texas, investors have a broad selection of properties. Tax Deed Investors LLC can now cover a larger number of parcels more efficiently in this evolving landscape of online auctions in Texas.
Tax Deed & Tax Lien States

➤ A Tax Lien is a legal claim against a property when the owner doesn’t pay their taxes. The government places a lien on the property and gives the owner a set amount of time to pay. If the owner doesn’t pay, the lien can be sold to a buyer at a tax lien sale. The buyer can then collect interest on the unpaid taxes. Tax liens can be a cheap investment for investors, with returns that accrue monthly as simple interest.
➤ With a Tax Deed, the government sells the property at auction to recover unpaid taxes. The starting price at the auction is usually equal to the total amount of back taxes, interest, penalties, legal costs, and other fees owed on the property. The buyer of the property takes ownership, including any unpaid taxes. The previous owner can sometimes buy back the property by paying the buyer the purchase price plus an additional fee.
INVESTMENT STRATEGY
RISK AND RETURN
Investing in Texas tax deed properties offers some of the highest returns in the market, with interest rates ranging from 25% to 50%.
Lucrative Returns
- High Interest Rates on Redemptions – In Texas, taxpayers who are late in paying property taxes must pay a penalty of 25% if they redeem their property within the first year or 180 days. If they wait two years to redeem the property, the penalty increases to 50%. This high-interest return on our investment is unmatched by other tax lien or deed states.
- Calculated Redemption Amounts – The redemption amount is based on the final bid price at auction, not the opening bid. This means that investors earn interest on the total amount invested, including any competitive bidding overage. Regardless of how quickly the property is redeemed, Texas law requires a full 25% or 50% return, unlike other states where interest rates diminish over time.
- Extensive County Coverage – With all 254 counties in Texas holding monthly auctions, CORE Tax Deeds has a broad selection of properties.
- After Auction Opportunities – Unsold properties, known as struck-off properties, can often be purchased post-auction at a discount, often without a redemption period, offering further investment potential.
- Rental Income Rights – Investors can collect rental income from properties immediately after purchase, providing a potential additional revenue stream.
RISK MANAGEMENT
While the benefits of investing in tax deed properties are substantial, we have implemented robust due diligence processes to mitigate the risks associated with property acquisition.
- Lien Research: Identify and assess all potential outstanding liens.
- Property Inspections: Personal or proxy inspections of properties are performed prior to bidding.
- Comprehensive Due Diligence: Identify any additional fees or dues not covered in the foreclosure.
- Strategic Purchases: Implement a targeted approach to acquire properties at a fraction of their market value – 30 cents to the dollar.
- Immediate Property Management: Secure and insure properties immediately after purchase.
WHY INVEST WITH CORE TAX DEEDS LLC?
- Low Minimum Investment
- You DO NOT have to be an Accredited Investor
- You may use money from your retirement account*
- You can use money from savings
Accessible to All Investors
Reg CF Accessibility: Unlike most private equity deals limited to accredited investors, our Regulation Crowdfunding (Reg CF) structure allows almost anyone to invest and benefit from our profitable opportunities.
Low Minimum Investment: With a low entry threshold, investing in Texas tax deeds is accessible to a wide range of investors.
Transparent and Regular Updates
Detailed Reports: Investors receive regular updates on property acquisitions, sales, and overall fund performance, ensuring complete transparency and confidence in their investments.
Consistent Returns: Our founder’s extensive track record shows consistent, high returns on tax deed investments with no capital losses.
Elite Advantage Program: Our Class A investors enjoy the exclusive ‘First Right to Purchase’ properties at wholesale prices, ensuring access to prime investment opportunities.
Proven Track Record and Experienced Leadership
Current Property Portfolio Sample
The properties listed below are a sample of the purchases made at autction by CORE Tax Deeds, LLC. They represent just a portion of the current holdings of the company.
Address | Date of Purchase | Status | Purchase Price |
---|---|---|---|
2303 Coleman Ave | 05/07/2024 | SOLD - 5/2025 | $14,200 |
516 Sodville Ave | 05/07/2024 | UNDER CONTRACT - 5/2025 | $25,200 |
191 Joey Dr | 07/02/2024 | SOLD - 4/2025 | $14,800 |
192 Heather Dr | 07/02/2024 | SOLD - 4/2025 | $10,813 |
340 Lot 10 Salt Lake | 07/02/2024 | ASSET - 7/2025 | $9510 |
15.6 Acres, Wascom | 08/06/2024 | REDEEMED - 2/2025 | $21,000 |
Saunders St | 04/15/2025 | SOLD - 4/2025 | $1200 |
6.41 Acres, Arroyo City | 03/04/2025 | ASSET - 3/2025 | $8500 |
1 Acre-Abstract 69, Wascom | 03/04/2025 | ASSET - 3/2025 | $4684 |
6.5 Acres - E Shreveport | 03/04/2025 | ASSET - 3/2025 | $12,932 |
3672 Old Goliad Rd. | 04/01/2024 | ASSET - 4/2025 | $5100 |
485 Wexford | 05/06/2025 | ASSET - 5/2025 | $31,000 |
907 W Crockett | 05/06/2025 | ASSET - 5/2025 | $18,500 |
4720 FM 31 | 06/03/2025 | ASSET - 6/2025 | $15,833 |
3.43 Acres Elysian Fields | 06/03/2025 | ASSET - 6/2025 | $6,520 |
Note: Past performance does not guarantee future results.
Strategy Property Portfolio Overview
(May 2024 – June 2025)
Between May 2024 and June 2025 he CORE Tax Deeds Management Team, alongside our investors, have successfully acquired a diverse portfolio of 18 properties with a total value exceeding $985,000. This strategic acquisition represents a significant value at pennies on the dollar. We are poised to begin monetizing these assets as early as January 2025.
- 5 Residential Houses
- 5 Small Acreage Tracts
- 3 Commercial Lot
- 1 15.6 Acre Parcel With Small Pond and producing mineral rights.
- 1 6.5 Acre Parcel
- 3 Infill Residential Lots
JOIN US AT C.O.R.E TAX DEEDS LLC TODAY!
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Together, we can achieve remarkable financial growth and secure your future.
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