What Is the Cost to Sell a House in Texas?
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- 8 min read
- Lori Lovely, Contributing AuthorCloseLori Lovely Contributing Author
Lori Lovely edited the Real Estate Home section for the Indianapolis Star and covered the annual Dream Home construction and decor for Indianapolis Monthly magazine. She has written guides for selling houses and more.
- Richard Haddad, Executive EditorCloseRichard Haddad Executive Editor
Richard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
Pack your cowboy boots and kolaches recipes; you’re ready to sell your Texas home!
According to the recent Texas Quarterly Housing Report from Texas Realtors®, the number of homes sold in Texas during the first quarter of 2024 was almost the same as in the first quarter of the previous year. The statewide median price also rose by 1.6% to $330,950.
The months of inventory, which measures how long it would take to sell all homes on the market at the current sales pace, rose from 2.7 months last year to 3.8 months this year. Most Texas areas remain below balanced inventory levels (6-6.5 months).
Nevertheless, Gina Candelario, a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good.
Statewide, homes spent two fewer days on the market (DOM), with DOM rising in 16 metros and falling in 9.
Start with a home value estimate
According to the National Association of Realtors (NAR), the national median single-family existing-home price saw a 5% year-over-year increase to $389,400. With this, now may be a good time to check up on your home value. You may be pleasantly surprised to see what your house might be worth.
To get an initial idea, you can request a quick online value estimate using HomeLight’s Home Value Estimator. This free automated valuation model (AVM) tool will use recent sales transactions, local market trends, and your home’s latest selling price, to provide a preliminary range of value for your property in under two minutes. Just enter your address to get started.
How much does it cost to sell a house in Texas?
While your out-of-pocket costs depend on your situation and other variables, the cost to sell a house in Texas generally averages about 7% or more of the final sale price. That includes real estate agent commission, escrow, and assorted fees (some of which are negotiable with the buyer) but does not include mortgage payoff.
To illustrate, if you sold your Texas Craftsman home for $330,950, the seller’s costs could range from $24,787 to $36,831.
We’ll examine some of those expenses in detail.
What are common expenses for home sellers in Texas?
While every situation is different, here are some typical costs you may incur when selling your Texas home.
Prepping your home for sale
- Driveway repairs: $100 to $3,000
- Staging the home: $1,500 to $4,000
- Professional cleaning services: $170 to $220, based on a 2,000-square-foot home
- Paint for interior spaces: $2 to $4 per square foot
- Pre-listing inspection, if desired or needed: $200-$500
Before undertaking any large renovation projects or repairs, consult with your Realtor. An experienced real estate agent will know what needs to be fixed and what can be skipped. Candelario says deep cleaning is the “biggest thing.” She says, “Paint, mulch, bleach, and Windex go a long way.”
Realtor fees in Texas
Agent commissions are one of the largest selling costs in a real estate transaction. In Texas, Realtor fees average between 5%-6%. Based on our $330,950 Texas Craftsman home sale example, you can expect to pay between $16,547.50-$19,857 in real estate agent commissions. A typical agent commission split might look like this:
- Listing agent fee: $8,273.75-$9,928.50
- Buyer’s agent fee: $8,273.75-$9,928.50
This may seem like a lot at first glance, but partnering with a proven professional can make a huge difference in your final net proceeds. Our data shows that the top 5% of agents across the U.S. sell homes for as much as 10% more than the average real estate agent. A 10% higher selling price can make the Realtor fee a profitable investment.
Try HomeLight’s Agent Commissions Calculator to get an idea of how much you might pay in Realtor fees in Texas.
HomeLight’s free Agent Match platform can connect you with a top real estate agent in your market.
Seller concessions
Negotiations with a buyer can result in additional indirect costs related to seller concessions or buyer incentives, although Candelario believes that “a lower price is better than a concession.”
A concession occurs when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs. The amount of these costs will depend on your market and selling situation.
Some common seller concessions or buyer incentives in Texas might be:
- Home inspection fees: $296-$423 depending on square footage
- Buyer’s home warranty: $450-$600
- Covering certain closing costs: $2,200-$1,350
Closing costs and additional fees
Closing costs are fees associated with a home purchase that buyers and sellers pay at the close of a real estate transaction. The average seller closing cost total in Texas is around 2% to 6%. “That doesn’t include property taxes,” Candelario states.
Based on our example home sale price of $330,950, a Texas seller might pay the following in closing costs:
- Escrow fee: $3,309.50 to $6,619
- Homeowner’s association dues: $349 per month average in Dallas
- Mortgage loan payoff: Ask lender (Texas average is $286,565)
- Reconveyance fees: Varies by county, but typically about $5-$25 for the first page
- Reconveyance recording fees approximately $15 to $40 depending on the county.
Candelario says in multiple-offer scenarios, buyers usually pay:
- Title insurance premiums: $6,792
- Title search fees: $100 to $250
Candelario says property taxes are not included in closing costs. Prorated property taxes on a $330,950 home could be as high as $$6,619, or 2% of the actual sale price.
At-a-glance home selling cost example for Texas
Selling expense | Example cost | % of home sale price |
Prepping your home for sale | $6,495.00 | 1.96% |
Realtor® fees (commissions) | $18,202.25 | 5.5% |
Seller concessions | $925.00 | 0.28% |
Closing costs, taxes, fees | $3,520-$6,854 | 1%-2% |
Total selling cost example | $24,787.00-$36,831.00 | 7%-12% |
*Based on a home price of $330,950, not including the estimated mortgage payoff
Relocation expenses
There’s a cost to the physical move. Prices vary widely, depending on the number of items you’re moving, the distance, and other factors. Here is a very general estimate of Texas moving costs:
- Typical cost to move: $327 to $2,969
- Typical cost to move out of state: $1,210 to $8,411
How can I reduce my seller costs in Texas?
There are ways a seller in Texas might be able to reduce some of their selling costs. A few examples include:
- Make DIY repairs where possible
- Avoid the urge to over-improve or make unnecessary fixes
- Don’t stage your home: “re-stage” it using your furnishings
- Negotiate a lower commission with your real estate agent
- Use a discount-commission agent or brokerage
- Put your home up for sale by owner (FSBO), which can result in fewer proceeds
- Do not offer seller concessions or buyer incentives
- If you agree to pay closing costs, raise your home’s purchase price
- Time your home sale using HomeLight’s Best Time to Sell Calculator
- Use a top-performing agent with a proven list-to-sell ratio
How much will I make selling my Texas home?
A number of factors play a role in the net proceeds you’ll make on your home sale, including:
- Method of selling (agent, for sale by owner, cash buyer, or iBuyer)
- Cost of repairs and improvements
- Total concessions or buyer incentives
- Closing costs, including state and local taxes
- Mortgage balance pay-off amount
The mortgage payoff amount is typically the largest determining factor for calculating your net proceeds. The average Texas homeowner has a remaining mortgage balance of $286,565. If you’ve paid off your mortgage before selling your home, your proceeds can be generally calculated by subtracting selling costs from the sale price.
Try HomeLight’s free Net Proceeds Calculator to get an idea of how much you might make selling your Texas home.
As you look ahead to your next home purchase, try these other free HomeLight tools for buyers:
Manage your expectations, plan, and partner with a top agent
Expect to pay certain expenses when selling your home: real estate agent commission, closing costs, and preparation costs. Some costs may be shouldered by the buyer, such as title fees.
To help determine which costs you’re obligated to pay, and how much you should spend to prepare your home for sale, consult a top real estate agent knowledgeable in your neighborhood.
HomeLight’s Agent Match platform can connect you with the highest-performing agents in your market who can help you make the best of your home sale. See our data-backed list of the top real estate agents in Texas.
Header Image Source (Roger Starnes Sr / Unsplash)
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- "What Is Kolache? This Sweet Czech Pastry Is A Beloved Texas Staple," Southern Living (June 2024)
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