Every property starts as a no
Listings are screened for location, title risk, value range, occupancy, repair scope, and exit options before capital is exposed.
Private Texas real estate fund
Texas Auction Fund
A private fund for accredited investors focused on Texas foreclosure auction acquisitions.
Market opportunity
Disciplined buyers can find auction inefficiency.
Texas courthouse auctions can create opportunities for buyers with cash certainty, title discipline, local underwriting, and the patience to walk away when a bid no longer makes sense.
Cash certainty matters
Foreclosure auctions favor buyers who can make decisions quickly, fund reliably, and close without ordinary retail financing friction.
The bid is set before auction
Value, repairs, title, occupancy, rent, and resale liquidity determine the bid.
Investment strategy
Texas Auction Fund executes on the four R's
Research
Screen auction listings, market value, title risk, occupancy, repair scope, taxes, and exit options before capital is exposed.
Reposition
Acquire at a disciplined basis, then improve, stabilize, or prepare the asset for the exit path supported by the property and market.
Realize
Realize value through resale, rental income, refinance, or hold decisions based on conditions after acquisition.
Recycle
Recycle capital after exits where appropriate, subject to fund terms, asset timing, and available auction opportunities.
Process proof
Investor materials show how individual auction deals are judged.
Auction price vs. supported value
Deal reviews compare the trustee-sale price target against recent sales, property condition, location, and realistic resale or rental assumptions.
Checklist before capital is exposed
The diligence package reviews title, taxes, occupancy, repairs, liens, timing, insurance, carrying cost, and exit-plan risk before auction day.
Controlled examples by request
Accredited investors can request investor materials with anonymized deal examples and the underwriting format used to evaluate auctions.
Public examples are intentionally limited until offering documents, data permissions, and legal review are complete. Investor materials may include more detailed examples where appropriate.
Investor fit
Structured for accredited investors seeking exposure to Texas foreclosure acquisitions.
Minimum investment
Target capital lock-up period
Additional unwind period for remaining assets
Preferred return
Credibility
Built around auction experience, local judgment, and conservative underwriting.
Founder
Travis Baucom
Travis Baucom is the founder and CEO of Balcomie Capital. He directs the overall investment strategy, asset acquisitions, and business development activities for the company. He personally selects key investment markets and asset classes to meet the goals of investors, bringing more than 12 years of investing experience and asset development.
Travis started in the residential single-family rental market in August 2012 and has been directly involved in acquisition, development, repositioning, disposition, asset management, and strategic planning across more than $75 million in AUM.
Prior to Balcomie Capital, Travis was CEO of Texas Trust Home Buyers, the largest privately owned distressed house buying company in Texas. The company bought more than 400 single-family homes over a five-year period while Travis led strategy, acquisitions, and asset management.
Travis later focused on self storage, where consistent income meets forced appreciation. He also co-founded Summit School in Waco, Texas, a private school focused on entrepreneurship, emotional awareness, and STEAM curriculum. Travis is part of the Texas A&M class of '07, enjoys the outdoors with his four kids, and supports the Texas foster system.
The data shows, 2026 is the best time to buy. Foreclosures are up, volume is up! Deals
are getting done and we are right on time.
Contact
Request the investor deck or schedule a call.
Texas Auction Fund is intended for accredited investors. Contact the team to review the investor materials, fund terms, underwriting process, and current opportunity set.
This website is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. Any offering will be made only to qualified investors through confidential offering documents, which should be reviewed carefully before any investment decision. Investments involve risk, including possible loss of principal. Past performance is not a guarantee of future results. No preferred return, distribution, exit timing, or investment outcome is guaranteed. Nothing on this site should be relied upon as legal, tax, investment, or financial advice.