
Sell your commercial property in Texas
We buy commercial real estate across Texas, as-is, for cash. Direct principal, no listing, no commission.
Texas at a glance
- Population
- 31.7M
- Job growth
- +1.1%
- Transfer tax
- None
- Eff. property tax
- 1.40%
We buy in Texas
50 property types, statewide
- Gas Stations & Convenience Stores
- Warehouses & Distribution Facilities
- Car Washes
- Storage Facilities
- Industrial Outdoor Storage Facilities
- Manufacturing & Logistics Facilities
- Office Buildings
- Medical Offices
- Shopping Centers
- Hotels & Motels
- Marinas
- Multifamily Properties
- Assisted Living Facilities
- RV & Mobile Home Parks
- Parking Garages & Lots
- Campgrounds
- Billboards
- Cell Towers
- Churches
- Funeral Homes
- Commercial Land
- Farms & Ranches
- Resorts & Retreats
- Auto Collision & Repair Shops
- Auto Parts Stores
- Oil Change & Lube Centers
- Truck Stops
- Grocery Stores
- Drive-Thru & Casual Dining Buildings
- Coffee Shops
- Liquor Stores
- Pharmacies
- Dispensaries
- Urgent Care Centers
- Veterinary Clinics
- Dialysis Centers
- Dollar Stores
- Cell Phone Stores
- Early Education Centers
- Private & Charter Schools
- Bank Branches
- Movie Theatres
- Pawn Shops & Check Cashing Stores
- Data Centers & Battery Farms
- Post Offices
- Government Buildings
- Auto Dealerships
- EV Charging Stations
- Hospitals & Surgery Centers
- Gyms & Fitness Centers
Markets in this state
Data current as of
Markets
Where we buy in Texas
Market conditions
The Texas market right now
Our read
Texas is four major metros and a long list of secondary markets, and the commercial story splits cleanly by metro. DFW is logistics and corporate headquarters. Houston is energy and petrochemicals, with industrial demand tied to the Port of Houston and the commodity cycle. Austin is technology, and San Antonio is military and healthcare.
For an industrial seller, the thing to understand is the gap between infill product and new bulk distribution: infill land is scarce in every major metro, while a new bulk box competes with whatever was delivered down the road last year. Office depends heavily on submarket, and we underwrite it on what the space will re-lease for rather than on in-place rent.
Retail is where most of our net lease volume happens. We publish vacancy and cap-rate figures only once we have a source we can cite; until then, we underwrite your building on its own lease and location.
Valuation
What your Texas property is worth
How we price it
Your property is worth its net operating income divided by the cap rate a buyer will accept. Lease term, tenant credit, rent relative to market and the escalation schedule decide where in the range you land, but the number that most often moves a Texas price is one sellers overlook: the property tax step-up.
A buyer models what the county will appraise the property at after your sale. Texas appraises at market value every year with no acquisition-value protection, so that reassessment can move NOI meaningfully, and NOI is what the buyer is capitalizing.
If your current appraised value is well below your asking price, that gap will surface in negotiation. It is not a tactic. It is arithmetic, the buyer is right to do it, and we will show you exactly where it lands in our math.
Capital markets today
- 10-yr Treasury
- 5.24%
- 4.12% a year ago
- SOFR
- 3.87%
- 4.2% a year ago
- 30-yr mortgage
- 7.28%
- 6.3% a year ago
- CRE loan delinquency
- 1.53%
- 1.57% a year ago
- CRE prices, YoY
- 6.58%
- -2.7% a year ago
Sources: FRED DGS10, 2026-10-01 · FRED SOFR, 2026-10-01 · FRED MORTGAGE30US, 2026-10-01 · FRED DRCRELEXFACBS, 2026-04-01 · FRED COMREPUSQ159N, 2026-01-01
Texas tax & legal
No transfer tax and no personal income tax on your gain, offset by a 1.40% effective property tax rate that your buyer prices into the offer.
- Transfer tax
- None
- Property tax (eff.)
- 1.40%
- 1031 conformity
- Yes
- Closing
- Title state
Texas property tax vs. the 50 states
- Texas
- Other states
- Median state
Effective property tax rate
0.29%1.88%1.40%
7th highest of 50
Effective rates as cited on each state's page; every state's sources include Tax Foundation.
View all states as a table
| State | Effective property tax rate |
|---|---|
| Arizona | 0.48% |
| Texas | 1.40% |
| Florida | 0.78% |
| Alabama | 0.37% |
| Alaska | 0.94% |
| Arkansas | 0.56% |
| California | 0.70% |
| Colorado | 0.50% |
| Connecticut | 1.54% |
| Delaware | 0.54% |
| Georgia | 0.79% |
| Hawaii | 0.29% |
| Idaho | 0.50% |
| Illinois | 1.88% |
| Indiana | 0.76% |
| Iowa | 1.33% |
| Kansas | 1.21% |
| Kentucky | 0.74% |
| Louisiana | 0.55% |
| Maine | 0.98% |
| Maryland | 0.92% |
| Massachusetts | 1.00% |
| Michigan | 1.19% |
| Minnesota | 1.00% |
| Mississippi | 0.58% |
| Missouri | 0.89% |
| Montana | 0.61% |
| Nebraska | 1.44% |
| Nevada | 0.50% |
| New Hampshire | 1.50% |
| New Jersey | 1.88% |
| New Mexico | 0.63% |
| New York | 1.30% |
| North Carolina | 0.66% |
| North Dakota | 0.92% |
| Ohio | 1.36% |
| Oklahoma | 0.79% |
| Oregon | 0.81% |
| Pennsylvania | 1.26% |
| Rhode Island | 1.12% |
| South Carolina | 0.49% |
| South Dakota | 1.00% |
| Tennessee | 0.52% |
| Utah | 0.48% |
| Vermont | 1.51% |
| Virginia | 0.78% |
| Washington | 0.75% |
| West Virginia | 0.51% |
| Wisconsin | 1.32% |
| Wyoming | 0.53% |
Statutes
- Tex. Const. art. VIII, § 29
- Tex. Const. art. VIII, § 24-a
- Tex. Tax Code § 23.01
- Tex. Tax Code § 23.231
Texas is a genuinely seller-friendly state on the transfer side and a genuinely expensive one to hold.
No transfer tax, and the Texas Constitution has barred new ones since 2016 (art. VIII, § 29). No documentary stamp. No personal income tax on your gain (art. VIII, § 24-a): it is taxed federally and not again by Texas.
The offset is property tax. The statewide effective rate is 1.40%, and under Tax Code § 23.01 appraisal districts value property at market value every year. There is no acquisition-value cap of the kind California provides. The temporary 20% cap on annual appraisal increases for non-homestead property appraised at $5,320,000 or less (§ 23.231) ends when the property changes hands and is scheduled to expire on December 31, 2026.
Your buyer is underwriting that reassessment based on the price they pay you. Understand that before you set your number.
With no personal income tax, there is no Texas tax for a 1031 exchange to defer; federal 1031 treatment applies as usual.
Sources: Texas Constitution & Tax Code; Texas Comptroller; Tax Foundation; Texas Insurance Code ch. 2652, October 2026 · statutes.capitol.texas.gov · CN.8 · statutes.capitol.texas.gov · TX.23 · comptroller.texas.gov · valuing-property.php · statutes.capitol.texas.gov · IN.2652 · taxfoundation.org · texas
What this means
If you're selling in Texas
- 01
No transfer tax to budget for
Texas charges no real estate transfer tax, so the largest single closing-cost line in many states does not apply here. On a multimillion-dollar sale that is real money staying with you.
- 02
Closes through title, no attorney required
A title or escrow company handles closing, title insurance, and recording. That usually means a faster close and one less party to coordinate.
- 03
1031 exchange defers state tax too
Texas conforms to federal like-kind exchange treatment, so a properly structured 1031 defers both. You must have a qualified intermediary in place before closing — it cannot be arranged afterward.
- 04
How the sale affects assessed value
There is no acquisition-value base to reset: appraisal districts value property at market value every year (Tax Code § 23.01). Non-homestead real property appraised at $5,320,000 or less has a 20% cap on annual appraisal increases for tax year 2026 (§ 23.231); the cap ends when the property changes hands and is scheduled to expire on December 31, 2026.
Demand drivers
The Texas economy
Population
31.7M
Pop. growth
+1.3%
Job growth
+1.1%
Unemployment
4.4%
Net domestic migration
+67,299
Housing permits YTD
134,298
Permits vs last year
-7.5%
Median household income
$80K
How Texas compares
- Texas
- Other states
- Median state
Job growth, year over year
-0.9%+1.6%+1.1%
9th highest of 50
Population growth
-0.3%+1.5%+1.3%
4th highest of 50
Unemployment rate
2.0%5.1%4.4%
13th highest of 50
Median household income
$59K$105K$80K
24th highest of 50
View all states as a table
| State | Job growth, year over year | Population growth | Unemployment rate | Median household income |
|---|---|---|---|---|
| Arizona | +0.6% | +0.9% | 4.9% | $81K |
| Texas | +1.1% | +1.3% | 4.4% | $80K |
| Florida | +0.6% | +0.8% | 4.5% | $78K |
| Alabama | +1.1% | +0.6% | 3.4% | $67K |
| Alaska | +1.3% | +0.1% | 4.3% | $96K |
| Arkansas | +0.6% | +0.6% | 3.9% | $62K |
| California | +0.8% | -0.0% | 5.1% | $100K |
| Colorado | +0.2% | +0.4% | 4.0% | $97K |
| Connecticut | +0.9% | +0.4% | 5.1% | $96K |
| Delaware | +0.1% | +0.9% | 4.7% | $88K |
| Georgia | -0.1% | +0.9% | 3.2% | $80K |
| Hawaii | +0.2% | -0.1% | 2.7% | $101K |
| Idaho | +0.9% | +1.4% | 3.6% | $81K |
| Illinois | +0.2% | +0.1% | 4.7% | $83K |
| Indiana | -0.5% | +0.6% | 3.3% | $72K |
| Iowa | +0.0% | +0.3% | 3.2% | $76K |
| Kansas | +0.5% | +0.4% | 3.8% | $76K |
| Kentucky | -0.1% | +0.5% | 4.7% | $65K |
| Louisiana | +1.6% | +0.1% | 4.2% | $61K |
| Maine | -0.1% | +0.5% | 3.2% | $76K |
| Maryland | -0.2% | +0.3% | 4.1% | $103K |
| Massachusetts | +0.2% | +0.2% | 4.3% | $105K |
| Michigan | +0.2% | +0.3% | 5.0% | $72K |
| Minnesota | +1.4% | +0.6% | 4.4% | $87K |
| Mississippi | +0.4% | +0.1% | 3.4% | $59K |
| Missouri | +1.1% | +0.4% | 3.5% | $72K |
| Montana | -0.9% | +0.6% | 3.2% | $75K |
| Nebraska | +0.2% | +0.6% | 2.9% | $76K |
| Nevada | +1.3% | +0.9% | 4.8% | $81K |
| New Hampshire | +0.2% | +0.5% | 2.8% | $100K |
| New Jersey | -0.2% | +0.4% | 4.3% | $104K |
| New Mexico | +1.6% | -0.1% | 4.7% | $68K |
| New York | -0.0% | +0.0% | 4.3% | $86K |
| North Carolina | +1.3% | +1.3% | 3.5% | $74K |
| North Dakota | +0.5% | +0.8% | 2.2% | $78K |
| Ohio | +0.2% | +0.3% | 3.3% | $72K |
| Oklahoma | +0.7% | +0.6% | 4.3% | $66K |
| Oregon | -0.8% | +0.2% | 5.1% | $85K |
| Pennsylvania | +0.6% | +0.1% | 3.7% | $78K |
| Rhode Island | +0.1% | +0.4% | 3.7% | $84K |
| South Carolina | +1.6% | +1.5% | 4.1% | $72K |
| South Dakota | +0.2% | +0.9% | 2.0% | $77K |
| Tennessee | +0.5% | +0.9% | 3.4% | $72K |
| Utah | +1.0% | +1.0% | 3.5% | $97K |
| Vermont | -0.3% | -0.3% | 2.6% | $83K |
| Virginia | -0.9% | +0.7% | 3.6% | $92K |
| Washington | +0.4% | +0.9% | 4.9% | $99K |
| West Virginia | -0.3% | -0.1% | 4.0% | $61K |
| Wisconsin | +0.6% | +0.3% | 3.2% | $77K |
| Wyoming | +0.8% | +0.3% | 3.0% | $76K |
Texas has about 31.7 million residents and is growing 1.3% a year. Over the latest year it gained a net 67,299 residents from other states. Unemployment is 4.4%, the state added jobs at 1.1% over the past year, and median household income is $79,721.
Texas has grown long enough that growth is the baseline rather than the story, and semiconductor manufacturing is the newest layer: Texas Instruments has begun production at its new fab in Sherman, and Samsung is building one in Taylor.
Walmart and H-E-B, which describes itself as the largest private employer in Texas, anchor a grocery and retail footprint that underwrites a deep net lease market, which is the segment most relevant to the sellers we work with. On the residential side, residential permits are down 7.5% year to date.
Largest employers
- WalmartRetail178,823
- H-E-BGrocery
Industries driving demand
Energy
Logistics
Technology
Healthcare
Sources: U.S. Census Bureau, Population Estimates Program, Vintage 2025 · U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026 · U.S. Bureau of Labor Statistics, Current Employment Statistics (total nonfarm, YoY), August 2026 · U.S. Census Bureau, Building Permits Survey (residential units, year to date), January–August 2026 · U.S. Census Bureau, American Community Survey 1-Year Estimates, 2024
Regions
Where Texas volume happens
- 01
Dallas–Fort Worth
The state's largest metro, with inland-port logistics and a long list of corporate headquarters.
- 02
Houston
Energy and petrochemical economy, with the Port of Houston driving industrial demand.
- 03
Austin
Technology-driven, with Samsung's semiconductor fab under construction in nearby Taylor.
- 04
San Antonio
Anchored by military installations, healthcare, and H-E-B's headquarters.
Property types
What we buy in Texas



Retail18
- Gas Stations & Convenience Stores9,720
- Car Washes1,858
- Shopping Centers
- Auto Collision & Repair Shops13,817
- Auto Parts Stores3,457
- Oil Change & Lube Centers1,143
- Truck Stops950
- Grocery Stores3,739
- Drive-Thru & Casual Dining Buildings24,360
- Coffee Shops7,538
- Liquor Stores2,389
- Pharmacies3,146
- Dispensaries
- Dollar Stores4,628
- Cell Phone Stores1,208
- Bank Branches6,553
- Pawn Shops & Check Cashing Stores
- Auto Dealerships1,720
Industrial03
Office & healthcare06
Hospitality & residential04
Specialty17
- Storage Facilities2,304
- Marinas137
- RV & Mobile Home Parks484
- Parking Garages & Lots682
- Campgrounds484
- Billboards182
- Cell Towers
- Churches14,784
- Funeral Homes982
- Early Education Centers6,242
- Private & Charter Schools1,621
- Movie Theatres337
- Data Centers & Battery Farms1,412
- Post Offices
- Government Buildings
- EV Charging Stations
- Gyms & Fitness Centers3,465
Process
How selling to Dizposition works
Day 0
01Send us the property
Address, asset type, and the lease if there is one. That is enough for us to start.
- 02
We underwrite it
Our underwriting runs the income against current Texas market pricing and the cost of capital. No lowball anchor.
10 minutes
03You get a firm offer
In 10 minutes, with the math shown. You will know exactly how we got there.
As fast as 30 days
04Close on your timeline
As fast as 30 days, or as slow as you need. We are the principal, so the date is yours.
FAQ
Selling commercial property in Texas
Does Texas have a real estate transfer tax?
No. Texas has no transfer tax, and its constitution has barred new ones since 2016 (art. VIII, § 29). There is no personal income tax on your gain either (art. VIII, § 24-a). Your closing costs are title, escrow, and recording.
How do Texas property taxes affect my sale price?
Texas appraises at market value annually (Tax Code § 23.01), with no acquisition-value protection, and the statewide effective property tax rate is 1.40%. A buyer models taxes on the price they pay you, so if your current appraisal is low, the higher bill comes out of the NOI they are capitalizing. The temporary 20% appraisal cap under § 23.231 does not transfer to a buyer.
Where in Texas do you buy?
Statewide, with the majority of our volume across DFW, Houston, Austin, and San Antonio.
Does selling reset the property tax assessment in Texas?
There is no acquisition-value base to reset: appraisal districts value property at market value every year (Tax Code § 23.01). Non-homestead real property appraised at $5,320,000 or less has a 20% cap on annual appraisal increases for tax year 2026 (§ 23.231); the cap ends when the property changes hands and is scheduled to expire on December 31, 2026. The effective property tax rate in Texas is about 1.40%.
Does Texas follow federal 1031 exchange rules?
Yes. Texas conforms to Section 1031, so a properly structured exchange defers state income tax on the gain as well as federal. The 45-day identification and 180-day closing deadlines are federal and apply the same way.
Who handles a commercial real estate closing in Texas?
Texas is a title state: a title or escrow company typically runs the closing, with attorneys optional. We open title with a national underwriter as soon as terms are agreed.
Is demand for commercial property growing in Texas?
Texas's population is growing 1.3% a year and over the latest year it gained a net 67,299 residents from other states. Employers added jobs at 1.1% over the past year, with unemployment at 4.4%, and residential permits are down 7.5% year to date. Those are the inputs behind tenant demand; what they mean for your property depends on its submarket and lease, which is what we underwrite.
How long does it take to sell a commercial property to Dizposition?
You get a firm written offer within 10 minutes of sending us the property. If you accept, you can close in as little as 30 days — most of that is title work and your own timeline. There is no listing period, no marketing, and no waiting on a buyer's financing contingency.
Can I sell my property as-is?
Yes. We are the buyer, so there is no lender requiring repairs and no inspection contingency to renegotiate against you. Deferred maintenance, a failing roof, an aging tank system — we price it into the offer rather than asking you to fix it first.
Can I sell with a tenant in place?
Yes, and in most cases a tenant makes the property more valuable to us, not less. We will ask for the lease, a rent roll, and any estoppel certificates. You do not need to deliver the property vacant.
What if my lease is short-term or about to expire?
Short remaining term is one of the main reasons owners come to us. A conventional buyer needs lease term to get financing, which is why short-dated assets sit on the market. We underwrite the real estate and the backfill prospects rather than the remaining term alone.
What if the property is vacant?
We buy vacant assets. Pricing shifts from an income approach to what the building and land are worth to the next user, which is a different calculation — but it is one we do routinely rather than one that disqualifies the property.
Do I need a broker to sell to you?
No. We buy directly, and there is no commission because there is nothing to market. If you already have a broker, we will pay them. Selling without one saves the commission, but you should understand you are also giving up price discovery — a broker's job is to find out whether someone will pay more than we will.
What documents do I need to get an offer?
The address and the lease are enough to start. To finalize, we will want the rent roll, the last two years of operating statements, the title commitment, any existing survey, and any environmental reports you already have. You do not need an appraisal or a broker package.
How do you determine your offer?
We underwrite in-place income against what the space would re-lease for, adjust for capital needs and any environmental tail, and apply a cap rate supported by comparable transactions. We show you the inputs. If you disagree with an assumption, we would rather argue about the assumption than about the number.
What are typical seller closing costs?
Title and escrow fees, any transfer or recording tax owed in your state, prorated property taxes, and payoff of any existing debt. Because we are the buyer, there is no commission and no marketing cost. Transfer tax varies significantly by state and is often the largest single line.
Will I owe capital gains tax when I sell?
Usually yes, on the gain above your adjusted basis, and depreciation recapture is taxed separately from appreciation. State treatment varies. This is a question for your CPA before you sign, not after — the structure of the sale can change the answer.
Can I do a 1031 exchange?
Yes. A 1031 exchange lets you defer federal capital gains by reinvesting in like-kind property, subject to a 45-day identification window and a 180-day closing window from the date you sell. You must have a qualified intermediary in place before closing — it cannot be arranged afterward. Most states conform to federal treatment, but a few do not.
Can I sell if I am behind on payments or facing foreclosure?
Yes, and speed is the reason to move early rather than late. We can close on a defined date, which is what a lender or a receiver generally needs to see. Send us the payoff figure and any notices you have received.
Can I sell a property I inherited or that is in probate?
Yes. Probate sales take longer because the court timeline governs, not ours, and multiple heirs need to agree on the price before anything can close. We are used to working around both. Inherited property also generally receives a stepped-up basis, which can change the tax math substantially.
What if there is environmental contamination?
Send it anyway. Environmental history is one of the most common reasons a conventional sale falls apart, and it is one of the reasons owners call us. We price the remediation and the residual liability into the offer rather than walking away at the Phase II.
Is there any cost or obligation to get an offer?
None. There is no fee, no listing agreement, and no obligation to accept. If our number does not work for you, you keep the underwriting we showed you and we part ways.
10-minute offer
Ready to sell in Texas?
Send us the address and the lease. You'll have a firm offer, with the math shown, in 10 minutes.
