How to Sell a House for Cash in Austin
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- 8 min read
- Alexandra Lee Associate EditorCloseAlexandra Lee Associate Editor
Alexandra is an associate editor of HomeLight.com. Previously, she served as a writer and social media manager at Santa Barbara Life & Style Magazine, in addition to interning at the nonprofit honors society Phi Beta Kappa. Alexandra holds a bachelor's degree in communication and global studies from UC Santa Barbara, and she has three years of experience reporting on topics including international travel, luxury properties, celebrity interviews, fine dining, and more.
If you’re planning to sell a house for cash in Austin, chances are you’re aiming for a quick and straightforward process. A cash sale lets you bypass repairs, skip showings, and close on your own timeline.
The three big questions on your mind might be:
- How do I sell a house for cash in Austin?
- What does this convenience cost?
- How much more can I get for my Austin house if I make repairs?
In this post, we’ll walk you through the two main ways to receive an all-cash offer in Austin and how your offer amount may vary, depending on who you sell to and whether you choose to make repairs.
Options to sell a house for cash in Austin
Homeowners typically sell for cash in one of two ways: working directly with a house-buying company or investor, or hiring a real estate agent to help attract a cash offer from a traditional buyer. Each option can provide varying levels of proceeds.
Before we dive into the details, use the calculator below to get a quick estimate of how a cash offer in Austin might compare depending on how you sell.
As you can see, your cash offer will be considerably higher if your Austin home is in good condition, but not everyone has the time, money, or desire to take on significant repairs. For some homeowners facing an imminent life or job change, financial strain, or needing to offload an inherited property from out of state, the speed and convenience of an all-cash offer can’t be beat.
Let’s take a look at what you can expect from both options to sell for cash in Austin.
Option 1: Sell to a cash buyer company in Austin
House-buying companies and investor groups specialize in purchasing homes for cash. Many of them buy properties in “as-is” condition, which means you can skip the hassle of cleaning, making repairs, or staging your Austin home. They are commonly known as “We Buy Houses” companies.
Other house-buying companies that serve Austin, known as iBuyers, only purchase homes in good condition or move-in-ready “turnkey properties.” The most well-known iBuyers are Opendoor and Offerpad, which pay higher cash offers but charge a fee of around 5% of the home’s price.
We Buy Houses companies in Austin typically follow a similar streamlined process:
- You submit information about your Austin property online or over the phone.
- They assess the home’s value using local market data and an on-site visit.
- You receive a no-obligation cash offer, often within 24 to 48 hours.
- If you accept, they can close in as little as 7 to 14 days.
Some Austin cash buyers fix and flip homes, while others rent them out or hold them as investments. They typically aim to purchase below market value to allow room for profit.
Most We Buy Houses investors in Austin follow the 70% rule of house flipping, which suggests that the purchase price should not exceed 70% of a home’s after-repair value (ARV) minus the estimated cost of repairs. Our comparison calculator above applies a formula to show a range of the 70% rule and an 80% guideline used by many rental property investors.
However, these rules are general, and some Austin cash-for-homes companies may offer more or less depending on the property’s location and condition.
»Learn more: 5 Top We Buy Houses for Cash Companies in Austin
Pros and cons of selling to an Austin cash buyer company
Pros | Cons |
Speed: Close and get paid in days rather than waiting through a months-long process | Lower sale price: Cash offers are typically below market value |
No repairs required: Sell your Austin home in as-is condition without making repairs | Limited flexibility: You may not have room to negotiate the sale price or terms |
Convenience: Skip the hassle of showings, open houses, or back-and-forth negotiations | Less competition: Selling off-market means there’s less competition from potential buyers |
No fees or commissions: Many cash buyers cover the seller’s closing costs and charge zero commissions | Not suitable for all situations: Some sellers benefit more from working with an agent |
Certainty: With no lender involved, there’s less risk of the deal falling through | Unscrupulous buyers and scams: Some cash buyers lack transparency or may be an outright scam |
Plenty of reputable investors operate in Austin, but it’s still important to watch for red flags. Be cautious of buyers who use high-pressure tactics or lack an online presence and proven track record. Focus on companies with verified reviews, strong local expertise, and clear, honest communication.
»Learn more: We Buy Houses Pros and Cons: Make an Informed Decision
A better way to find trusted cash buyers in Austin
HomeLight’s Simple Sale platform can connect you with the largest network of pre-vetted cash buyers in Austin and throughout the country, helping you review offers without having to navigate the investor world by yourself.
Here is the 4-step Simple Sale process:
To begin, you’ll enter a few basic details about your Austin home and receive a no-obligation offer within 24 hours. If you decide to move forward, you can close in as few as 7 days or select your ideal closing date. In addition, you’ll also receive an expert estimate of what your home might sell for with a top Austin real estate agent, so you can easily compare your options.
Option 2: Attract a cash buyer with a top Austin agent
Not all cash offers come from investors or companies. In Austin’s competitive housing market, many individual buyers come prepared with cash, whether they’re downsizing, relocating after selling a home in California, or looking for a second home to escape cold winters. A top Austin real estate agent can help position your home to attract these types of buyers.
»Learn more: Why Hire a Real Estate Agent When You’re Selling or Buying
Pros and cons of selling with a top Austin agent
Pros | Cons |
A higher sale price: A skilled agent can increase your listing’s exposure and attract multiple offers | Longer timeline: Traditional listings in Austin can take several weeks or even months to close |
Professional guidance: From pricing to negotiations, agents manage the details so you don’t have to | Prep work required: You may need to invest time or money into cleaning, repairs, or staging |
Broad market access: Listing on the local MLS and tapping into agent networks increases visibility | Showings and disruptions: Expect showings, open houses, and multiple buyer walkthroughs |
Reduced stress: An experienced agent helps avoid common missteps and saves you time | Commission fees: You’ll need to budget for agent commissions and other fees (a percentage of the sale price) |
Legal protection: Agents provide guidance on Texas-specific disclosures and federal fair housing laws | Uncertainty of sale: There’s always a risk the sale could fall through or take longer than expected |
»Learn more: Should I Sell to a Home Investor or List With an Agent?
The easy way to find top-rated Austin agents
If you’re leaning toward working with an agent, HomeLight’s free Agent Match platform can connect you with Austin’s top-performing agents based on actual transaction data. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.
Whether you’re aiming to attract a cash offer or weighing all your selling options, a top Austin agent can help you achieve the best outcome. For a no-obligation consultation with a trusted agent, tell us a few details about your selling goals and timeline.
Which cash sale option is right for you?
If your priority is a fast, convenient, and hassle-free sale, working with a vetted Austin cash buyer through HomeLight’s Simple Sale platform could be your ideal approach.
Alternatively, if you’re willing to take more time to maximize your sale price — and don’t mind fixing up your home for listing — partnering with a top Austin agent might be the right choice.
When you request a Simple Sale offer, you’ll also receive a professional estimate of what your Austin home could sell for with a top agent, so you can confidently compare both options side by side.
Still weighing your options? Use our Home Cash Offer Comparison Calculator above to get a sense of what your home might sell for, depending on how you choose to sell it. Then, request a no-obligation offer or consult with a trusted Austin agent.
Every situation is unique, but with the right tools and expert guidance, you can make a well-informed choice that suits your needs.
Header Image Source: (Lawcain/DepositPhotos)