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What will each heir actually receive from selling an inherited house?

Between the mortgage, back taxes, estate costs, and selling costs, the number that reaches the heirs is usually well below the sale price. This tool walks from sale price to per-heir share so the family can plan with real numbers.

Your numbers

Defaults are editable examples, not market data. Change anything.

Sale

Set to your buyer's terms; a direct cash sale is often near zero.

Zero if selling as-is with contents left behind.

Debts on the property
Estate costs

Medical bills, credit cards, funeral costs the estate must pay.

Taxes, insurance, utilities, lawn, mortgage if any.

Split

Results

Enter your numbers and press Calculate. Nothing here is an offer or an appraisal.

How it's calculated

The math, in plain language

Formula

  • Net to estate = sale price − selling costs − repairs/cleanout − mortgage and liens − delinquent taxes − probate/legal costs − other estate debts − carrying costs while held.
  • Per-heir share = net ÷ number of heirs. Real distributions follow the will or Texas intestacy rules and may not be equal.
  • Capital gains are not modeled: inherited property generally receives a stepped-up basis to date-of-death value, so gains on a prompt sale are often small — confirm with a tax professional.

Assumptions and limits

  • Defaults are examples only. Enter the real payoff amounts from the lender, tax office, and any lienholders.
  • Delinquent Harris County taxes grow with penalties, interest, and collection fees; use the current balance from the tax office, not last year's bill.
  • Selling directly to a cash buyer typically removes the commission and much of the prep cost — set those fields accordingly to compare.
  • This tool is for general planning only. It is not an offer, an appraisal, or legal, tax, or financial advice. Results depend entirely on the numbers you enter.

FAQ

Common questions

Does the estate have to pay the mortgage before selling?

No — the loan is paid off from the proceeds at closing. Keep making payments until then if you can, to avoid foreclosure and fees.

What about income tax on the sale?

Under current federal law, inherited property generally gets a stepped-up basis, so tax on a quick sale is often minimal. Texas has no state income tax. This is general information; ask a CPA.

One heir wants to keep the house. How does that work?

That heir typically buys out the others based on a net figure like the one above, often with a refinance. Your attorney can structure it.

Can we sell before probate is done?

Usually the estate needs authority (an executor or administrator) before closing, but the sale can be lined up in parallel. See our inherited-house guide.

Want to discuss an actual offer?

The calculator uses your guesses. We use real comparable sales and a walkthrough. Enter the address — it's free and there's no obligation.