Texas Seller Closing Costs & Net Proceeds Calculator

Adding machine calculatorEasily calculate the Texas home seller closing costs and seller "net" proceeds with this home-sale calculator. Enter the property sale price (or list price) and then enter the various closing costs. Great tool for the TX Realtor® or the "for sale by owner" (FSBO). Needless to say, the actual settlement costs will vary depending on your closing company and Texas county, however, this calculator should give you a reasonable estimate of the likely closing costs for the sale of your home. Please let me know if the calculator is out of date or you have an interest in this calculator - Email.

| Seller Estimate | Print Screen |
  NET TO SELLER
 
  What is the selling price?
 
  ESTIMATED CLOSING EXPENSES
1. Courier/FedEx
2. Document Preparation
3. E-Recording Fees
4. Escrow Fee
5. Guaranty Fee
6. Home Warranty
7. Homeowner's Association Fee
8. Homeowner's Association Resale Certificate
9. Lease Agreement
10. Miscellaneous (from below)
11. Mortgage Payoff (from below)
12. Note and Deed of Trust
13. Owner Title Policy
14. Realtor Commission Percentage  
15. Realtor Commission - Flat commission*  
16. Recording Fees (ROL)
17. Release of Lien
18. Restrictions & Sales Tax
19. Seller Cost Contribution Percentage  
20. Seller Cost Contribution - Flat dollar*  
21. Survey
22. Tax Certificate
23. Termite Certification (VA only - $85)
24. Termite Treatment/Repair
25. Warranty Deed
  TOTAL CLOSING EXPENSES
 
  MORTGAGE PAYOFF
26. 1st Mortgage
27. 2nd Mortgage
28. Other Liens
  TOTAL PAYOFFS    
 
  MISCELLANEOUS CHARGES      
29.  
30.  
31.  
  TOTAL
 
  split-commission CALCULATOR
32. Sales Price %  
33. Commission on first dollar amount
34. Commission on remaining amount
  Total Real Estate Commission ADD TO TOTAL
  Be sure to tick the box to add to total ▲  
 
Realtor Commission - Flat dollar amount* - If the commission is a flat dollar amount (i.e. $6,000), enter that amount on line 15. This choice will override both percentage calculations. The split-commission calculation will override the straight commission calculation.
Seller Cost Contribution* - If the seller is paying a flat dollar amount toward the buyer's closing costs, enter the cost in the box on line 20. The cost will override the percentage calculation.

How are property taxes prorated in Texas?

Property taxes in Texas are paid in arrears. It's like the Federal income taxes, you pay for the previous year. The entire tax bill for the previous year is payable in January. Use the proration calculator to estimate the property taxes and homeowners' association for the seller and home buyer.

If the property is sold on July 1st, the seller will reimburse the buyer for 6 months of taxes (January 1st to June 30th) that they incurred while living in the home.

Are there transfer, recordation, mortgage, or excise taxes when a home is sold?

Texas does not charge any form of transfer or mortgage tax on residential sales.