Austin Seller Closing Cost Calculator

Closing Cost Calculator for Austin: Seller Averages

This calculator can help home sellers in Austin, Texas, estimate their closing costs and net proceeds. To get a preliminary idea of the cost of selling your house in Bat City, enter the information for each of the fields above. You can learn more about typical or state averages for most Austin seller closing costs below.

See a full cost and proceeds breakdown

A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.

Step 1: Talk to an Expert

Home Selling Price: $550,000

How does your home compare to Austin’s median selling price of $550,000? To determine your listing price, you can:

1. Get a ballpark estimate using HomeLight’s free Home Value Estimator
2. Request a Comparative Market Analysis (CMA) from a top Austin agent
3. Purchase a pre-listing home appraisal (typically around $500 in Texas)
4. Visit this HomeLight map link to compare recently sold homes in Austin

Mortgage Payoff Amount: $240,000

According to Experian, a typical Texas homeowner has a mortgage balance of approximately $240,000. To find the payoff amount for your home, check your most recent mortgage statement or contact your mortgage provider.

Listing Agent Fee: $13,750–$16,500

A typical listing agent commission in Austin is 2.5% to 3% of the home’s selling price. On a $550,000 house, your agent’s fee might range from $13,750–$16,500.

Buyer’s Agent Fee: $13,750–$16,500

Traditionally, home sellers were expected to cover both the listing agent and the buyer’s agent commissions. However, under new National Association of Realtors rules, homebuyers now negotiate compensation directly with their own agents. If you’re offering to pay this cost to attract buyers (or help close a tight deal), on a $550,000 median-priced Austin home, you can expect to pay $13,750–$16,500.

Detailed Closing Costs: $8,250–$19,250

Closing costs in Austin typically average 1.5%–3.5% of the home’s sale price. Whether your house fits in the high or low end of this cost range depends on its value, condition, the purchase agreement you signed, and what services you agreed to pay for. On a median-priced home of $550,000, you might pay $8,250–$19,250. Below are some of the typical closing costs you can expect in an Austin home sale:

• Home Preparations: To attract offers on your home, you’ll likely need to invest in curb appeal improvements, including professional cleaning, yard work or landscaping, and possibly even home staging.
• Repairs or Renovations: For top-dollar offers, you should repair or update your Austin home to meet buyer expectations and inspection standards.
• Title Service Fees: Before a home sale can close, a title company must verify the property’s legal ownership and help manage the transfer.
• Owner’s Title Insurance: This one-time cost is usually paid by the seller in Austin to protect the buyer from any ownership disputes or title issues, but this expense can be negotiated between the buyer and seller.
• Transfer Taxes: You can leave this field at $0 in the calculator because the state of Texas doesn’t levy a transfer tax on home sales.
• Recording Fees: These are usually small fees paid to the city or county recording office to officially record the change in homeownership.
• Buyer Incentives: Austin is currently in a buyer’s market, so you may need to offer seller concessions or credits to sweeten a deal, such as paying the buyer’s agent fees or funding a rate buydown.
• Other Costs: These include small, miscellaneous expenses not covered in other cost categories, such as attorney fees and HOA transfers. (An attorney is not required to sell a house in Texas.)
• Moving Expenses: While a professional mover or rental truck is not technically a home sale closing cost, you might want to include these in your budget, which can range from $881 to $7,000, depending on what’s being moved and how far.

More Helpful Seller Tools From HomeLight

Here are some additional tools you may find helpful as you plan your Austin home sale:

• Listing Agent Match platform
• Home Value Estimator
• Best Time to Sell Calculator
• Agent Commission Calculator
• Net Proceeds Calculator

Want to avoid closing costs and sell fast? Get a cash offer today.

With HomeLight’s Simple Sale platform, you can receive a no-obligation, all-cash offer in 24 hours and close in as few as 7 days. Answer a few questions about your Austin home to get started. Along with your cash offer, you will also see an estimate of what a top Austin agent might be able to get for your home. See both options with one tool.

As you look ahead to your next home purchase, here are some helpful buyer tools:

• Home Affordability Calculator
• Down Payment Calculator
• General Closing Cost Calculator
• Buyer’s Agent Match platform