Seller Tools
Seller Net Proceeds Calculator
Estimate exactly what you'll walk away with at closing on a Lubbock, TX home sale. Texas-specific defaults included.
By Adam Cavazos, Texas Realtor®
Aycock Realty Group · Lubbock, TX · Licensed & active
Your numbers
Estimated net at closing
$118,188
After $180,000 loan payoff and $26,813 in seller costs.
Estimated cost breakdown
- Listing commission (3%)
- $9,750
- Buyer's agent commission (2.75%)
- $8,938
- Owner's title policy (TX, approx.)
- $1,950
- Property tax proration (~6 mo)
- $3,575
- Escrow / doc prep
- $350
- Repair credits
- $1,500
- Seller concessions
- $0
- HOA transfer / misc.
- $750
This is an estimate. Your title company's ALTA statement will produce the exact numbers at closing.
FAQ
What closing costs does a Texas home seller pay?
Typical Texas seller costs include agent commissions (negotiable), owner's title insurance policy (customary in most Texas counties for the seller to pay), a small doc-prep/HOA transfer fee, escrow fees, and prorated property taxes owed at closing. Repairs negotiated during option/inspection are separate.
Who pays the title policy in Texas?
In most of Texas including Lubbock County, the seller customarily pays for the owner's title policy. This is negotiable and can be shifted to the buyer, but the default expectation is seller-paid.
How is my property tax proration calculated?
Texas property taxes are paid in arrears (billed in October, due January 31 for the prior year). At closing you owe a prorated share of the current year's estimated taxes from January 1 through the closing date — even though the bill isn't due yet.
Are agent commissions negotiable?
Yes. Commission is always negotiable between seller and listing broker. This calculator lets you enter your specific rate. Lubbock listing commissions typically range 2.5%–3% for the listing side plus a separate buyer-side offer.
How accurate is this estimate?
Very close for most Lubbock sales, but your title company will produce the exact seller statement at closing. Use this to plan; use the title company's ALTA statement to finalize.