Texas real estate is one of the largest and most varied housing markets in the United States. From Houston's sprawling suburban landscape and Dallas's corporate-driven demand to Austin's tech-sector premium pricing, the state offers something for every buyer profile. No state income tax is a significant financial draw, particularly for buyers relocating from California, New York, or other high-tax states.
What buyers need to know about Texas real estate
Home inspections in Texas run $350-$550 and are required by nearly every lender. Texas has its own licensed inspector requirements, and buyers should request a Texas Real Estate Commission (TREC) standard report. Agent commissions typically run 5-6% of the sale price. Texas property taxes are among the highest in the nation and serve as the state's primary revenue mechanism in the absence of an income tax -- buyers must account for this carefully in monthly cost calculations.
Escrow timelines in Texas typically run 30-45 days. Appraisals cost $400-$650 depending on market and property complexity. Texas mortgage options are wide, with major national lenders competing alongside régional banks and credit unions. Sellers benefit from strong demand in most major metros and should budget $1,000-$3,000 for professional staging in compétitive urban and suburban markets.
