Inheriting a Texas home is not the same as being able to sell it. How muniment of title, heirship affidavit, small estate affidavit, and independent administration clear title before you can sell, plus the stepped-up basis tax break.
How Texas property tax proration works at closing: why the seller credits the buyer, where the pre-bill estimate comes from, the TREC reproration clause, and the reset that can make your second-year Northwest Austin tax bill jump.
Points, temporary buydowns, and ARM vs fixed for Northwest Austin buyers in a high-sixes rate market: how each works, the break-even math, why Texas property taxes change the call, and when each fits. General info, not lending advice.
If you have owned a Northwest Austin home for decades, your gain can run past the Section 121 exclusion. How the $250K/$500K home-sale exclusion works, the single-filer and surviving-spouse trap, basis, and the Texas no-state-tax angle.