What will you walk away with?
Net Proceeds Calculator
Estimate what you walk away with after selling. Texas has no state transfer tax, but commissions, title fees, and buyer concessions still take a meaningful slice.
Not your current balance: a payoff quote also carries interest accrued to the closing date, and any prepayment penalty. Ask your servicer for a payoff statement.
Listing + buyer agent. DFW averaged 5.54% in early 2026 - the NAR settlement changed how it is negotiated, not the level.
Set by the state, not the title company: this is the TDI promulgated premium for your sale price (schedule effective March 2026). In Texas the seller customarily pays it - negotiable in the contract, but near-universal in DFW.
Closing fee, tax certificate, courier, wire, doc prep. These are not promulgated and vary by company - typically $500-$1,000 on a DFW sale.
Buyer credits for closing costs
Transfer fee plus the resale certificate the buyer’s lender requires. Usually $375-$600 in a DFW HOA - leave it at 0 only if the home genuinely has no association.
$500-$650 for a new residential survey. If you already have one, you can usually reuse it by signing a T-47 affidavit and pay nothing - so leave this at 0 unless you know yours is missing or your buyer’s lender rejected it.
Texas property tax proration
Texas taxes are paid in arrears, so at closing you credit the buyer for the part of the year you owned the home. Enter your annual tax bill and closing month to include it.
Estimated net proceeds
$269,010
44.8% of sale price retained
Note:
Texas does not impose a state real estate transfer tax. This models property-tax proration (the credit you owe the buyer for owning the home part of the year); your closing statement may also prorate HOA dues and mortgage interest to the exact closing date. Mali provides a personalized seller-net sheet before listing.
Frequently asked
What’s the typical commission on a North Texas home sale?
Total commissions historically run 5–6% of sale price split between the listing and buyer’s agent. After the 2024 NAR settlement, commission structures are more negotiable. Mali walks every seller through the current market norms before listing.
Does Texas have a real estate transfer tax?
No. Texas is one of a handful of states with no state-level real estate transfer tax. Some counties charge nominal recording fees, but there’s no significant transfer tax to budget for.
Who pays for title insurance in Texas, and how much is it?
By Texas custom the seller pays for the buyer’s owner’s title policy, which is unusual - in much of the country that is a buyer cost. It is negotiable in the contract, but in DFW it is close to universal. The premium itself is promulgated by the Texas Department of Insurance, so it is identical at every title company in the state and can be calculated exactly from your sale price rather than estimated: the current schedule took effect March 1, 2026, after the commissioner ordered a 6.2% reduction. On a $400,000 sale the owner’s policy runs $2,262, and on a $600,000 sale it is $3,250. Title and escrow service fees - the closing fee, tax certificate, courier, and wire - are separate, are not promulgated, and typically add $500 to $1,000.
What are buyer concessions?
Buyers often ask sellers to credit them money toward closing costs, rate buy-downs, or repairs. Concessions of 1–3% of sale price are common in the current market. We model this so your net isn’t a surprise at closing.
How does the property tax proration work?
Texas property taxes are paid in arrears: the full-year bill arrives the following December, but the county assesses it against whoever owned the home on January 1. At closing you credit the buyer for the portion of the year you owned the home, since they’ll pay the entire bill later. Enter your annual tax and closing month and the calculator models it as a debit to your net. Prorated HOA dues and final mortgage interest are also settled at closing; Mali’s personalized seller-net sheet pins those to your exact closing date.
Prefer to reach out directly? Email Mali or call (972) 408-6939.