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.
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.
Is Northwest Austin still worth the premium? Compare mature trees, location, commute, resale, older-home maintenance, newer homes farther north, total cost, and lifestyle fit before deciding whether the higher price makes sense.
What does North Austin growth near The Domain, Apple, and Parmer mean for homeowners? Learn how redevelopment, tech employers, Q2 Stadium, Burnet Road changes, traffic, density, and buyer demand may affect home value, selling strategy, and long-term