About Texas Unclaimed Property
Getting Back Your Green
You — yes, you — may own part of about $4 billion in missing money held by the Texas Comptroller.
Texas has more than 25 million properties from old bank accounts, royalty and payroll checks, insurance policies, safe-deposit boxes and other sources waiting to be reunited with their owners.
Banks and companies make every effort to unite these assets with their owners, but if they cannot after a one to five year period, state law requires the assets to be turned over to the Comptroller’s office. Then, the Comptroller’s Unclaimed Property Division works diligently to give Texas citizens back what is rightfully theirs.
Since the program began in 1962, the Comptroller’s office has returned more than $1 billion to its owners. We want that figure to continue to rise, and we're working harder than ever to reunite Texans with their unclaimed property.
The average claim paid out to individuals is about $1,000. Many claims are much higher, although no one has come close to a claim worth more than $12.5 million from abandoned stock returned in 2015.
How to Find Money
Nearly a decade ago, the Comptroller’s unclaimed property listings went online, in a database allowing anyone to search for their names and file a claim to have their funds returned.
Search for yourself, your family and your friends today. See what may be owed to you. Our database is updated regularly with new property received by the Comptroller’s office.
Notices may be mailed to owners with complete last known addresses.
You can also request searches by:
1-512-463-3120 (direct in Austin)
Note: there is a limit of three name searches when calling by phone.
1-512-936-6224 (direct in Austin)
Texas Comptroller of Public Accounts
Unclaimed Property Claims Section
P.O. Box 12046
Austin, Texas 78711-2046
Include the following in your request:
- the name you would like searched,
- addresses in the Texas cities in which that person has lived,
- a social security number and
- current mailing address for claim purposes.
Claim Processing Time
It takes approximately 30 to 45 days to review and process an Original Owner claim once it is received at the Texas Comptroller of Public Accounts. Claims that involve minerals, stocks, estates or other complex issues may take 60 to 90 days.
Deadline to Claim
Technically, there is no deadline for claiming forgotten money or items. In fact, if the owner has passed away, heirs can legally claim their family’s assets.
Going, going — but not gone… Texas was the first state to sell unclaimed property online — specifically, safe deposit box contents whose owners have been unreachable for more than six years.
The auctions began in 1999 on eBay.com.
The Unclaimed Property division now holds weekly auctions, and the Comptroller’s office is a “Top-rated seller” with 99.9 percent positive feedback.
But rest assured that, even if your long-forgotten necklace was sold, the proceeds are and always will be yours. Proceeds from the eBay.com auctions are “liquid” unclaimed assets; belong to the owner (not the state); and have no claim deadline.