Texas seller net sheet calculator
What a Texas seller walks away with after commission, payoffs, title, and closing fees. Rates and closing customs below are verified for Texas; the calculator applies them for you, down to the county.
- State transfer tax
- None
- Owner's title policy
- Seller pays
- Seller costs on $400,000
- About $22,792
Texas transfer tax
Texas has no real estate transfer tax on deeds, so there is no transfer tax line on a Texas seller net sheet.
Texas has no real estate transfer tax on deeds, so there is no transfer tax line on a Texas seller net sheet.
Example Texas seller net sheet
A $400,000 sale with a 5% commission and a $250,000 mortgage payoff. Seller closing costs come to about $22,792, or 5.7% of the price.
| Line | Seller |
|---|---|
| Sale price | $400,000 |
| First mortgage payoff | −$250,000 |
| Real estate commission (5%) | −$20,000 |
| Owner's title insurance policy | −$2,262 |
| Settlement / closing fee | −$450 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $127,208 |
Run it with your own numbers. Choose the county to add local taxes, and enter the closing date to prorate property taxes.
Who pays what in Texas
Seller customarily pays the owner's policy (TREC contract paragraph 6). Closings are usually handled by a title company. The settlement or escrow fee is paid by each side for its own closing.
No transfer tax. Title premiums are promulgated by the Texas Department of Insurance. Seller usually pays the owner's policy; escrow fee split (each pays own); buyer often pays the survey unless the seller supplies an existing one.
Property tax prorations
Property taxes are paid in arrears. The typical effective rate is about 1.8% of value per year. Calendar year, billed in October and due Jan 31 of the following year; the seller credits the buyer for Jan 1 through closing.
Sources
Verified 2026-09-29. A net sheet is an estimate, not a closing statement or tax advice. Final figures come from the title or escrow company. See a rate that looks wrong? Email [email protected].
Texas net sheet questions
Does Texas have a real estate transfer tax?
Texas has no real estate transfer tax on deeds, so there is no transfer tax line on a Texas seller net sheet.
How much are seller closing costs in Texas?
On a $400,000 sale with a 5% commission, estimated seller costs in Texas come to about $22,792 (5.7% of the price), including $20,000 of commission. Without commission, closing costs are about $2,792. Local taxes, the payoff, and property tax prorations change the final number.
Who pays for title insurance in Texas?
Seller customarily pays the owner's policy (TREC contract paragraph 6).
Who handles the closing in Texas?
Closings are usually handled by a title company.
How are property taxes prorated when selling a home in Texas?
Property taxes are paid in arrears. The typical effective rate is about 1.8% of value per year. Calendar year, billed in October and due Jan 31 of the following year; the seller credits the buyer for Jan 1 through closing.
Net sheets in other states
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