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Colorado · Tax Lien State · C.R.S. § 39-11-101

El Paso County
Tax Lien Investing Guide

Colorado Springs — Colorado's second-largest city and home to one of the highest concentrations of military installations in the United States. A more accessible market than Denver with genuine individual investor opportunity, strong military-driven rental demand, and a diverse economy that creates steady redemption rates.

Lien
Investment type
October
Annual sale
3 years
Redemption period
~15%
Current annual rate
Moderate
Competition
730K
Population
Rate note Colorado's interest rate changes annually. Verify the current year's rate at dola.colorado.gov/dpt before each sale season.
County overview

El Paso County at a Glance

El Paso County is Colorado's most populous county by a narrow margin over Denver, anchored by Colorado Springs — a city defined by its extraordinary concentration of military installations. Fort Carson, Peterson Space Force Base, Schriever Space Force Base, NORAD/NORTHCOM, and the Air Force Academy collectively employ tens of thousands and generate a massive, stable rental housing market that supports consistent property values and reliable lien redemptions.

Certificates in annual sale (est)
400–900 est
Varies year to year
→ CO's 2nd largest sale
Est. redemption rate
~65–80%
Military market supports
→ Steady across cycles
Current annual rate
~15%
Verify annually at DOLA
→ Federal discount rate + 9%
Actual rate achieved
5–12%
Better than Denver
→ Less institutional pressure
Individual opportunity
Moderate
Accessible market
↑ Better than Denver metro
Treasurer's deed
3 yr+
C.R.S. § 39-11-128
→ No court required
Estimated certificates in annual October sale
Redemption vs. cert. retained
Property type breakdown

The military market — why El Paso County is structurally different from other Colorado metros

Colorado Springs has more military installations per capita than almost any metro in the United States. Fort Carson alone has over 25,000 active duty soldiers and is one of the Army's largest installations. Peterson and Schriever Space Force Bases, NORAD/NORTHCOM headquarters, and the Air Force Academy collectively generate a rental housing ecosystem that is remarkably stable across economic cycles — military personnel need housing regardless of interest rates or local economic conditions.

For tax lien investors, this creates a reliable redemption dynamic. Military homeowners are often motivated to protect their homes — particularly with VA loans that have favorable refinancing terms — and many have stable federal income that allows them to catch up on delinquent taxes when prompted. Properties near the major installations (Fountain, Security-Widefield, Cimarron Hills, Manitou Springs) have consistent rental demand that supports underlying values.

The practical result: El Paso County certificates are generally well-secured, redemption rates are steady, and individual investors face less institutional competition than in Denver. Rates on suburban residential parcels are still bid down from the maximum, but less aggressively than Denver. The market is accessible to prepared individual investors in a way Denver rarely is.

Where individual investors find the best opportunity in El Paso County

Older Colorado Springs neighborhoods — particularly on the east and southeast sides near Fort Carson (Fountain, Security-Widefield, Cimarron Hills) — consistently produce liens with solid collateral, moderate competition, and a strong military rental market backstop. Properties in these areas are affordable by Colorado standards and have stable demand from enlisted housing seekers.

Small commercial properties on Colorado Springs' major corridors (Nevada Avenue, Academy Boulevard, Powers Boulevard) occasionally appear with institutional buyers less focused on them. Individual investors with knowledge of the local commercial market can identify opportunity that funds running automated parcel screens miss.

Rural El Paso County — Calhan, Peyton, Elbert Road corridor — offers agricultural and large-lot residential liens with near-maximum rates and very low competition. Lower absolute dollar returns given smaller lien amounts, but accessible for investors building experience with the Colorado process before competing on larger urban parcels.

Auction mechanics

How El Paso County Tax Lien Sales Work

Annual October sale

Bid-Down — El Paso County Treasurer

El Paso County holds its annual tax lien sale in October, conducted by the El Paso County Treasurer. Contact the treasurer in August each year to confirm the exact date, registration deadline, and deposit requirement. The delinquent list is published before the sale. Bidding starts at the current year's statutory maximum rate and investors compete downward. Less institutional attendance than Denver — better rate outcomes for individual investors.

Rate & interest

Variable Rate — ~15% Currently

Colorado's rate is federal discount rate + 9%, set annually by the state. Currently approximately 15% — always verify at dola.colorado.gov/dpt before the sale. Interest accrues on the certificate amount from the sale date. You may pay subsequent delinquent taxes on the same property and earn the same annual rate on those additional amounts. Over a 3-year hold, subsequent taxes can meaningfully increase total return.

3-year hold & treasurer's deed

Redeem or Apply for Deed

Owners have 3 years to redeem at certificate amount plus accrued interest. After 3 years unredeemed, apply to the El Paso County Treasurer for a treasurer's deed (C.R.S. § 39-11-128). The treasurer notifies interested parties; if no redemption occurs during the notice period, the deed is issued. No court action required for clean title histories. Consult a Colorado attorney for complex title situations.


Sale specifications

Key Details

County seatColorado Springs — Colorado's second-largest city
Population730,395 (2020 Census) — Colorado's most populous county
Military installationsFort Carson, Peterson SFB, Schriever SFB, NORAD/NORTHCOM, USAFA — major employment and rental anchors
Sale timingAnnual — October; confirm exact dates with El Paso County Treasurer each year
Sale formatBid-down from current annual maximum rate
Interest rateVariable — federal discount rate + 9% (~15% currently) · verify annually at dola.colorado.gov/dpt
Redemption period3 years from date of sale · C.R.S. § 39-12-103
Treasurer's deedApplication to El Paso County Treasurer after 3-year period — C.R.S. § 39-11-128
County Treasurer719-520-6600 · treasurer.elpasoco.com →
Rate authorityColorado Division of Property Taxation →
StatuteC.R.S. § 39-11-101 et seq. →

Due diligence resources

Research Tools for El Paso County

Tax sale — official

El Paso County Treasurer

Annual sale schedule, delinquent property list, registration procedures, and deposit requirements. Contact in August each year to confirm current sale details.

treasurer.elpasoco.com →
Current rate — critical

Colorado Division of Property Taxation

Official source for the current year's statutory interest rate. Verify every fall — the rate changes annually with federal discount rate movements.

DOLA — Prop. Tax →
Property assessment

El Paso County Assessor

Assessed values, ownership records, property characteristics, and parcel data for all El Paso County properties. Cross-reference with delinquent list to evaluate collateral.

El Paso Assessor →
Title & liens

El Paso County Clerk & Recorder

Deeds, mortgages, federal tax liens, and all recorded instruments. Essential title research before pursuing a treasurer's deed on any parcel after 3 years.

El Paso Clerk →
GIS & mapping

El Paso County GIS

Parcel maps, aerial imagery, zoning overlays, and property data. Use to verify location relative to military installations and assess neighborhood conditions.

El Paso GIS →
Military mapping

Fort Carson & Installation Boundaries

Fort Carson boundary maps and surrounding area context. Properties near the installation have strong rental demand — proximity to the gate matters significantly for investment value.

Fort Carson →
Building & code

Pikes Peak Regional Building Dept.

Building permits, code violations, and inspection records for El Paso County and Colorado Springs. Open violations can affect the treasurer's deed process and resale.

PPRBD →
Environmental

Colorado CDPHE Environmental Records

Contaminated sites, UST registrations, and environmental enforcement. Check commercial parcels and any former military-adjacent industrial land before bidding.

CDPHE Records →
Market data

Pikes Peak Association of Realtors

El Paso County residential market data — median prices, days on market, and neighborhood trends by zip code. Verify your exit assumptions for any parcel where you may pursue a deed.

PPAR Market Stats →
Federal tax liens

IRS Lien Search

Federal tax liens survive Colorado tax sales. Check commercial parcels and any property with known federal tax issues or prior business operations.

IRS Lien Search →
Court records

El Paso County District Court

Active foreclosure proceedings and civil records. Where any contested treasurer's deed actions would be filed. Also check for existing mortgage foreclosures on target parcels.

El Paso District Court →
Statutory reference

C.R.S. Title 39 — Property Tax

Colorado's full property tax statute — sale procedure, variable rate formula, redemption provisions, and treasurer's deed application process.

C.R.S. Title 39 →

Evaluate El Paso County liens before you bid

Use the LTV Calculator to model 3-year returns including subsequent taxes on military-corridor parcels, and the Parcel Tracker to log your pre-researched list before auction day.

Important disclaimer: Information on this page is for educational purposes only. Colorado's interest rate changes annually — always verify the current year's rate at dola.colorado.gov/dpt before participating in El Paso County's tax lien sale. Sale dates, deposit requirements, and procedures change annually — verify at treasurer.elpasoco.com. Federal tax liens survive Colorado tax sales. This is not legal, financial, or real estate advice — consult a qualified Colorado real estate attorney before purchasing tax lien certificates or applying for a treasurer's deed.