How to Sell My House for Cash in Texas
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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 Texas, you’re probably aiming for a quick, uncomplicated process. With an all-cash transaction, you can bypass home prep, skip repairs and showings, and close on your preferred timeline.
The three big questions on your mind might be:
- How do I sell a house for cash in Texas?
- What does this convenience cost?
- How much more can I get for my Texas house if I make repairs?
In this post, we’ll cover the two main ways to receive an all-cash offer in the Lone Star State, and how your offer amount may vary, depending on who you sell to and whether you make repairs or sell the home as-is.
Options to sell my house for cash in Texas
Homeowners in Texas typically have two main options when selling for cash: working directly with a house-buying company or investor, or hiring a real estate agent who can attract a cash offer from a traditional buyer. Each method can generate different levels of proceeds.
Before we dive into the details, try out the calculator below to get a quick estimate of how a cash offer in Texas might differ based on your selling method.
As demonstrated above, your cash offer amount will be considerably higher if your Texas home is in good condition, but not every homeowner has the time, resources, or desire to take on significant repairs. For some facing an impending life or job change, financial strain, or wanting to sell an inherited property from out of state, the speed and convenience of an all-cash offer can’t be beat.
Below, we’ll break down exactly what you can expect from each option to sell a house for cash in Texas.
Option 1: Sell to a cash buyer company in Texas
House-buying companies and investor groups specialize in purchasing homes for cash. Many of them accept properties in “as-is” condition, meaning you don’t need to clean, stage, or make repairs to your Texas home. They are commonly known as “We Buy Houses” companies.
Other house-buying companies that serve Texas, 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 Texas typically follow a similar streamlined process:
- You submit information about your Texas 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 Texas cash buyers fix and flip homes, while others rent them out or hold them as investments. In general, their goal is to purchase below market value to allow room for higher profits.
Most We Buy Houses investors in Texas abide by 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.
Keep in mind, however, that these are general rules, and some Texas cash-for-homes companies may offer more or less depending on the property’s location and condition.
»Learn more: 9 Top We Buy Houses for Cash Companies in Texas
Pros and cons of selling to a Texas cash buyer company
Pros | Cons |
Speed: You can close and get paid in a matter of days, instead of weeks or months | Lower sale price: Cash offers are typically below market value |
No repairs required: Sell your Texas home as-is, without completing repairs | No negotiation: Most companies present a take-it-or-leave-it offer |
Convenience: Skip the hassle of showings, open houses, or drawn-out negotiations | Less competition: By selling off-market, you’re missing out on a pool of potential buyers |
No fees or commissions: Most house-buying companies cover closing costs | Not suitable for everyone: An agent-assisted sale has advantages in certain situations |
Certainty: Without traditional financing, there’s less risk of a deal falling through | Unscrupulous buyers and scams: Not every cash buyer has a trustworthy reputation |
While there are many legitimate investors operating throughout Texas, it’s important to keep an eye out for signs of a potential scam, such as a company that pressures you or lacks an established track record or online presence. Instead, search for companies with verified reviews, open communication, and strong knowledge of your local market.
»Learn more: We Buy Houses Pros and Cons: Make an Informed Decision
A better way to find trusted cash buyers in Texas
HomeLight’s Simple Sale platform can connect you with the largest network of pre-vetted cash buyers in Texas and throughout the country, helping you review offers without needing to navigate the investor world by yourself.
Here is the 4-step Simple Sale process:
To get started with Simple Sale, you’ll enter a few details about your Texas home and receive a no-obligation offer within 24 hours. If you decide to accept, you can close in as few as 7 days or choose your closing date. In addition, you’ll also receive an expert estimate of what your home could sell for with a top Texas real estate agent, so you can easily compare your options.
Option 2: Attract a cash buyer with a top Texas agent
Not all cash offers come from investors or companies. In Texas’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 capitalize on the state’s flourishing rental market. A top Texas 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 Texas agent
Pros | Cons |
A higher sale price: Agents can boost exposure, potentially attracting multiple offers | Longer timeline: A traditional Texas listing can often take weeks or months to close |
Professional guidance: A pro will handle the pricing, marketing, and negotiations for you | Prep work required: You’ll likely need to spend time cleaning, repairing, or staging your home |
Broad market access: By listing on the MLS with an agent, you can reach more qualified cash buyers | Schedule disruptions: Selling with an agent typically involves multiple showings and walkthroughs |
Reduced stress: Agents take care of potential complications, saving you time | Commission fees: You’ll need to account for agent fees when establishing a budget |
Legal protection: You’ll receive guidance on state disclosures and federal fair housing laws | Uncertainty of sale: Even with an agent, there’s no guarantee of a quick sale, and offers can fall through |
»Learn more: Should I Sell to a Home Investor or List With an Agent?
The easy way to find top-rated Texas agents
If you’re leaning toward listing your home with an agent, HomeLight’s free Agent Match platform can connect you with the top-performing agents in Texas based on actual transaction data. We analyze over 27 million past sales and thousands of reviews to determine which agent is the right fit for you, based on your individual needs.
Whether you’re aiming to attract a cash offer or want assistance analyzing your options, the right Texas real estate agent can help you maximize your sale. For a no-obligation consultation with a trusted agent, tell us a little about your selling goals and timeline.
Which cash sale option is right for you?
If speed, convenience, and a hassle-free sale are your top priorities, selling to a vetted Texas cash buyer through HomeLight’s Simple Sale platform could be your best course of action.
If you’re open to investing more time in exchange for a potentially higher price, partnering with a top Texas real estate agent could be the smarter option.
When you request a Simple Sale offer, you’ll also get a professional estimate of what your Texas home could sell for with a top agent, so you can confidently compare both options.
Still on the fence about selling a house for cash in the Lone Star State? Use our Home Cash Offer Comparison Calculator above to get an idea of what your home might sell for, depending on which approach you take. Then, request a no-obligation offer or consult with a trusted Texas expert.
While there’s no one-size-fits-all answer, the right tools and expert guidance can help you make a confident, informed decision.
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