7 Best Companies That Buy Houses for Cash in Austin in 2024

Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers, increasing the number of offers you receive.

• Fee: Houzeo does not charge any undisclosed closing fee.
  • $399 + $350 at Close: 6-month MLS listing, 24 photos
  • $399+0.5% at Close: Maximum photos, premium yard sign
  • $429+0.5% at Close: Pricing assistance, contract review, seller disclosures, licensed broker assistance
  • $449+1% at Close: Virtual full-service with licensed broker, offer negotiations
• Typical Offer: Up to 100% of your property’s Fair Market Value.
• Eligible Properties: On Houzeo Marketplace, you can sell your house as is.
• Closing Offer Terms: You can specify your preferred closing date and the closing offer terms.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. You can access Houzeo’s advanced features to negotiate the best terms for your cash offer.

» Houzeo Reviews: Find out why Houzeo is one of America’s best cash buyer marketplaces.

Houzeo is America’s #1 cash buyer marketplace because of 5 reasons:

1. Max Exposure: Houzeo’s packages give you access to the MLS and 100s of websites like Zillow, Realtor.com, Redfin, etc.
2. 5-Star Customer Service: Houzeo’s customer service desk is available 6 days a week. Chats and emails are open 7 days a week.
3. 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers.
4. No Listing Commission: You’ll pay just a small flat fee to list on MLS. You get to bypass the 3% listing agent commission! All fees are disclosed upfront, so there are no Houzeo hidden fees.
5. Home Value Estimator: Houzeo’s home value estimator can get you a quick and free estimate of your property’s market value in 30 seconds.

There are no dealbreakers with Houzeo.

» Houzeo Pros and Cons: Read the advantages and disadvantages of choosing Houzeo to sell your home for cash.

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

Offerpad is an iBuyer that makes cash offers on homes that meet their eligibility criteria. This cash offer is based on their patented evaluation tool’s calculations.

• Typical Offer: It is 70% to 80% of the market value of your property.
• Service Fee: 5% of the home sale price and 1% as closing costs.
• Eligibility: Offerpad offers cash for houses built after 1960, with a maximum lot size of 1 acre, and a max valuation of up to 1M. Homes with foundational issues are not eligible.
• Closing Offer Terms: They make an initial offer within 24 hours of submitting your details. However, the final offer may change after they conduct a home inspection.

👉 Our Take: When you sell to Offerpad, you can close in as early as 2 weeks. So, if you want to sell fast and are open to leaving cash on the table Offerpad is a good option.

• Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in a fortnight.
• Save on Minor Repair Costs: When you sell your house for cash, you don’t incur upfront costs to fix, prepare or stage your house.
• Extended Checkout: You can extend your stay in your home even after the closing date.
• Broad Coverage: Offerpad buys houses for cash in 27 markets across the country.

• Lowball Cash Offer: Offerpad extends two offers- an initial one and a final one. The difference between the two can be quite high. One home seller was offered $189,000 initially but received a lowball offer of $149,000 post Offerpad’s home inspection.
• High Service Fees: Offerpad charges a steep 5% service fee for their cash offer. This fee covers title insurance, escrow fees, HOA transfer fees, taxes, etc.
• Offerpad Cancelation Fee – 1%: If you’re 4 days from closing and decline Offerpad’s cash offer, they’ll charge 1% of the home sale price as a cancelation fee.

Offerpad has a 2.7 out of 5-star rating on TrustPilot.

» Offerpad Reviews: See what customers have to say about Offerpad.

Texas All Cash Home Buyers is a family-owned cash home buyer based in San Antonio, TX. They follow a three-step process: Click, Meet, and Sell. 

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural damage, inherited properties, tenant problems, code violations, etc.
• Closing Offer Terms: Texas All Cash Home Buyers provides a 7 to 30-day closing for its cash offer.

👉 Our Take: Texas All Cash Home Buyers is a local cash home buyer that provides fast closing. However, they lack tech support and do not provide convenient services like a mobile app. 

• Fast Cash Offers: You will get a ‘no obligation offer’ for your house within 24 hours.
• Flexible Closing: Texas All Cash Home Buyers will help you close in as little as 7 days or any date of your choice.
• Statewide Coverage: Texas All Cash Home Buyers covers all areas of Texas including San Antonio and Austin.
• Sell As-Is: You can sell your house as-is and quickly without doing repairs or upgrades.
• No Additional Charges: When you sell to Texas All Cash Home Buyers you need not pay any extra charges such as closing fees and title fees.

» Pros and Cons of Texas All Cash Home Buyers: Read about the advantages and drawbacks before dealing with Texas All Cash Home Buyers.

In our research, we came across some major drawbacks of Texas All Cash Home Buyers:

• Lowball Cash Offers: Texas All Cash Home Buyers may extend lowball cash offers of around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
• “Texas All Cash Home Buyers” Will Spam You: Some of their previous clients have complained about persistent phone calls. They do not stop spamming even after you decline their offer.

Texas All Cash Home Buyers has 4.6 stars out of 5 stars from 100+ reviews on Google.

» Texas All Cash Home Buyers Reviews: Read our in-depth review on Texas All Cash Home Buyers

Opendoor is the country’s biggest iBuyer. They offer cash for your home within 24 to 48 hours of submitting your details on their website. Opendoor is also flexible with closing timelines and move-out dates.

• Service Fee: 5% of the home sale price.
• Typical Offer: 70% to 80% of your property’s fair market value.
• Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes, inherited properties, or homes with tenants do not qualify for Opendoor’s cash offer.
• Closing Offer Terms: Opendoor lets you close at your pace, up to 45 days after their offer. The final offer may change after the home inspection.

👉 Our Take: Opendoor will likely make a cash offer on your home quickly. But you will end up leaving almost 20% to 30% of your home equity on the table.

• Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
  
• Flexible Closing Dates: Opendoor allows you to close at your convenience – up to 45 days after their offer.
• Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
• No Cancelation Fees: You can cancel the contract without any cancelation fee.

• Lowball Cash Offer: Opendoor’s final cash offer may be below the property’s fair market value, around 70%. They also deduct repair and closing costs.
• Hefty Service Fees: Opendoor charges a steep 5% service fee for their services.
• Opendoor May Back Out of the Deal: Some homeowners have had a bad experience with Opendoor. Opendoor backed out of the cash deal at the last minute, leaving the homeowner stranded.
• Undisclosed Repair Cost Breakdown: The difference between Opendoor’s preliminary offer vs. final offer can be humongous. In many cases, sellers were forced to pay for unnecessary “repairs”.
• Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.

Opendoor has a rating of 4.4 out of 5 stars on Reviews.io.

» Opendoor Reviews: Read customer reviews and our breakdown of Opendoor’s cash offer to make an informed decision.

Texas Home Buyers is based in Houston. They have been serving the sellers since 1995 and specialize in selling a house fast.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: They buy properties as is, which include flood damage, tenant disputes, foreclosure, etc.
• Closing Offer Terms: Texas Home Buyers provides a 7-day closing for their cash offer, once the seller accepts their offer.

👉 Our Take: Texas Home Buyers have 30+ years of experience in the business. Which qualifies them as a good option for home sellers.

• Sell House As-Is: You can sell your house as-is, without doing any fixes or even clean-up.
• Instant Cash Offer: Texas Home Buyers will get you an offer within 24 hours.
• Quick Closing: You can close in as little as a week.
• No Closing Costs: You need not pay any extra charges, they even cover your closing costs!
• Customer Support: They provide 24-hour helpline to their customers.

Here are some drawbacks we found during our research of Texas Home Buyers:

• Lack of Reviews: Even though Texas Home Buyers have been in the business for a very long time, they have little to no reviews available online.

Texas Home Buyers has 4.4 out of 5 stars from 25+ reviews on Google.

» Texas Home Buyers: Read our in-depth review on Texas Home Buyers. 

House Buyers Texas was founded by an ex-marine, Steve Hoeke. His reliability and local market knowledge have made the company a leading cash home-buying expert in the Lone Star State.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: They buy houses in any condition. To name a few distressed properties with structural damage, inherited properties, tenant problems, code violations, etc.
• Closing Offer Terms: House Buyers Texas can close a deal within 3 days. They also provide flexibility with the closing dates.

👉 Our Take: House Buyers Texas is a good option if you need to sell your house fast for cash. They usually provide an offer within 24 hours.

• Additional Services: House Buyers Texas offers credit repair services and moving services.
• Fast Cash Offers: You will get an offer in approximately 24 hours.
• Closing Time: You can close in as little as three weeks.
• Sell As-Is: You can sell your house as is. You need not prep the home for the company visit or make any repairs before the sale.

House Buyers Texas has some drawbacks you should know about:

• Non-Negotiable Cash Offers: House Buyers Texas will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
• House Buyers Texas is Not 100% Online: House Buyers Texas has a limited tech stack. Hence many processes, like requesting a counteroffer or managing inspections, will be offline and manual. House Buyers Texas does not offer a mobile app.

House Buyers Texas has 5 out of 5 stars with 30+ reviews on Google.

» House Buyers Texas Reviews: Read our in-depth review

We Buy Ugly Houses is a well-known cash home-buying company that helps homeowners sell their houses fast. It offers a fast, hassle-free sale without the need for repairs or renovations.

• Sell at $0 Commission: You can sell your home with a few photos and a basic property description without paying any agent commission.
• No Closing Costs: You don’t have to pay any closing costs as the company pays them.
• Typical Offer: 50% to 70% of your property’s fair market value.

👉 Our Take: We recommend We Buy Ugly Houses for a quick and hassle-free sale. You can negotiate the price for your home and close the deal without closing fees.

• Sell Your Home As Is: You can save thousands in repair costs by selling your distressed home as is.
• Cash Offer in Any Condition: You can get a cash offer, no matter what shape your home is in.
• Quick Closing Timeline: Once you accept the offer, you can sell your house within 2 weeks.

• Low Ball Offers: Cash offers are typically 50% to 70% of your home’s fair market value, depending on its condition and location of the house.
• Limited Negotiation: You might have less room to negotiate the final offer.
• Not Ideal for High-Value Homes: This option may not be best for homes in high-demand areas where you could get more by listing on the MLS.

We Buy Ugly Houses is rated 2.6 out of 5 stars on Yelp

» We Buy Ugly Houses Reviews: Read this in-depth review to learn more about them.