The TxDOT Surplus Property Disposition Process

TxDOT's surplus property must first be offered to local governmental agencies with condemnation authority during a 30-day period. Next, the property must be offered to abutting landowners during a second 30-day period. If no parties with a priority acquisition position choose to purchase the property, TxDOT will then market the property publicly, subject to the sealed bid process below.

SEALED BID & DEPOSIT:

• A minimum bid for each tract is indicated for each tract in the marketing materials.

• Along with their bid form, bidders must submit a money order or cashier’s check equal to the down payment indicated, which is refundable until the TxDOT Commission approves the sale.

• Administrative/due diligence fees include the Survey Fee, Appraisal Fee, Service Fee, and Legal Notice fee will be indicated in the marketing materials.  

• The administrative/due diligence fee portion of the high bidder’s deposit is non-refundable immediately upon the bid opening.

• For bidders who did not submit the high bid, 100% of their deposit is returned immediately.

• All transaction expenses (including brokerage commissions, title, taxes, etc.) are paid by the buyer.

IMPORTANT FACTS TO KNOW:

• All surplus property is sold "as is, where is" with no expressed or implied warranty or guarantee.

• Each sale contains specific terms and conditions which must be followed closely.

• Except for direct transfers to a public entity, a commission is collected on all surplus sale transactions as dictated by the terms of the individual property offering.