I Inherited a House in Texas… Now What?

So, you’ve inherited a house in Texas. Maybe it came with a warm memory… or a leaky roof. Either way, you’re probably wondering, “What now?”

Inheriting real property through probate in Texas can feel like being handed the keys to a mystery novel—part opportunity, part obligation, and full of “plot twists” you didn’t ask for. But don’t worry—I’ve helped clients navigate this chapter before, and I’m here to help you do the same!

Let’s break down your next steps—no legal jargon, no overwhelming lists. Just practical advice from someone who speaks both real estate and real talk.

Step 1: Know What It’s Worth

Before you make any big decisions- especially one as big as Texas- you need to understand the value of the house you inherited. This isn’t just about dollar signs—it’s about options.

A Comparative Market Analysis (CMA) from a local real estate professional (? hi, that’s me!) will give you a clear idea of the property’s current market value. It’s not an appraisal, but it is a reliable estimate based on similar homes that have sold in the area.

Knowing the value gives you the power to decide what comes next—without second-guessing yourself.

Step 2: Choose Your Path

Once you have the CMA, you’ve got options—and each one comes with its own pros, cons, and “fine print.”

Sell It

Selling might be the cleanest and quickest route. It’s especially appealing if:

• The home needs repairs you’re not up for, consult a professional
• You don’t want to deal with taxes, insurance, or maintenance
• You’d rather distribute the funds among heirs and move forward

Pro tip: Work with a REALTOR® who’s experienced in probate sales (yep- that’s me!) to help navigate paperwork, disclosures, and any court-required steps.

Rent It

If the home’s in good condition and in a desirable area, renting could generate monthly income and even appreciate over time. You’ll want to:

• Research rental rates in the neighborhood- a local REALTOR® (?‍♀️) can help with this
• Factor in property management costs
• Talk to a tax pro about reporting rental income (Uncle Sam always wants his cut)

This option can work great—if you’re ready to become a landlord or hire someone who is.

Keep It

Sometimes a house is more than a house. It’s where the family gathered for Sunday dinners or where Grandma kept the world’s best cookie jar.

If you or your co-heirs want to keep the home:

• Clarify how ownership will be divided
• Discuss “buyouts” if one heir wants to keep it and others don’t
• Plan for ongoing expenses like mortgage payments, taxes, and insurance

Sentiment matters—but so does math. Make sure both are considered.

Step 3: Get Support

Inheriting property isn’t just a real estate transaction—it’s a life moment. Often an emotional one.

The smartest thing you can do? Build a team:

• A probate-savvy REALTOR® (hello again)
• A tax advisor
• An estate-planning and Probate attorney (especially if title issues or multiple heirs are involved)

Final Thoughts on Inheriting a House in Texas

Inheriting a home in Texas through probate can absolutely be a blessing—but like all blessings, it may come with a few complexities. Your next move should be informed, intentional, and aligned with your personal and financial goals.

Need a hand figuring it all out? I specialize in helping clients like you make sense of inherited property—without the overwhelm.

Want personalized advice? Let’s chat- a quick call and talk through your options—no pressure, just real help. I’ll bring the knowledge—you bring the questions.