Table of Contents

9 min read Mar 26, 2024

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

2024 continues to be a bumpy ride with increasing home prices and declining home sales. But out of the 647 homes that sold last month, most of the transactions were all-cash. Cash is still king in Dallas’s housing market.

Getting a cash offer in Dallas is easy, but getting top dollar is not. If you get a cash offer from a single cash home buyer, they will lowball you. That’s why you need to get cash offers from multiple local and national cash buyers. But how do you do that?

Answer: List on a Cash Marketplace! When you list on a cash buyer marketplace like Houzeo.com, your listing is syndicated to hundreds of real estate websites. So, you market your property to local and national cash home buyers looking for homes for sale in Dallas.

Companies that buy houses for cash in Dallas offer instant cash for homes. But, it may not always be the best cash offer for your home.

Some cash companies may get you 100% of your property’s fair market value, while others may offer as low as 50%. We’ve reviewed and ranked the 7 best cash home buyers in Dallas.

Reviews: 7 Best Companies That Buy Houses for Cash in Dallas

Here are the 7 best cash buyers in Dallas. Some of them may get you up to 100% of your property’s fair market value, while others may offer you as low as 30%. Here are the rankings of “We Buy Houses Cash Dallas” companies:

1. Houzeo.com: Dallas’s #1 Cash Home Buyer Marketplace

Max Exposure to Cash Buyers

Houzeo

Houzeo Logo
  • Service Fee: $399 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (7,800+ reviews)

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. In an attempt to win your property, investors could make multiple cash offers for your home.

  • Fee: Houzeo does not charge a 5% service fee or any undisclosed closing fee
    • $399: MLS Listing: 6-Months, 24 photos
    • $399+0.5% at Close: Maximum Photos, Premium Yard Sign
    • $429+0.5% at Close: Pricing Assistance, Contract Review, Real Estate Forms, 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 (FMV).
  • Eligible Properties: On Houzeo Marketplace, you can market properties in any condition and 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 will have access to Houzeo’s advanced features to negotiate the best terms for your cash offer.

Houzeo is a real estate marketplace and America’s #1 Flat Fee MLS service because of 4 reasons:

  1. Max Exposure: Houzeo MLS packages give you access to the MLS and 100s of websites like Zillow, Trulia, Realtor.com, Redfin, etc.
  2. 5-Star Customer Service: Houzeo has a fully staffed customer service desk 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. Houzeo Mobile App is also very powerful.
  4. No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!

There are no dealbreakers with Houzeo. Check out the blog on Houzeo pros and cons.

» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 4,523 home sellers on Google and Trustpilot!

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

With a typical cash house buyer, you only get an offer from that specific investor. On a cash buyer marketplace like Houzeo, you could receive multiple cash offers on your house. This increased number of cash offers can help you get up to 100% of your home’s value.

2. Opendoor

BIGGEST IBUYER

Opendoor

Opendoor Logo
  • Service Fee: 5%
  • 📍 Coverage: 45 markets
  • Opendoor has 4.4 stars out of 5 4.4/5 (3,250+ reviews)

Opendoor is the country’s biggest iBuyer. They offer fast cash for homes with flexible closing timelines.

  • Service Fee: 5% of Home Sale Price.
  • Typical Offer: 70% to 80% of your property’s fair market value (FMV).
  • 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 out. The final offer terms may change after the home inspection.

» Opendoor Reviews: Why Opendoor will Pay Much Less than Fair Market Value in 2023?

  • Broad Coverage: Opendoor pays cash for houses in 51 markets– including Boston, Albuquerque, San Francisco, and San Jose.
  • Flexible Closing Dates: Opendoor gives you the ability to close at your convenience up to 45 days out.
  • Late Checkout Upto 14 Days: Opendoor allows sellers to close on their homes, receive sale proceeds, and temporarily rent their homes.
  • No Cancellation Fees: You can cancel the contract without any cancellation fee.
  • No Upfront Costs: When you sell to Opendoor, you skip the traditional home selling process. No need to fix, repair or stage the property!

» Opendoor complaints: Click here to learn about the pros and cons of them.

  • 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 revises the final cash offer based on the inspection report. The service fees may increase from 5%. The repair cost breakdown is not disclosed in the closing statement.
  • 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 Complaints: Check out the common complaints of Opendoor.

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

» Opendoor vs. Houzeo: Which should be your first choice?

Opendoor provides a straightforward and convenient solution for obtaining cash for your home. You can sell your home as is and close on the sale in just 2 weeks. You can expect to get around ~80% of your property’s fair market value.

However, Opendoor experienced setbacks due to the pandemic and endured financial losses. Consequently, their offer now could be much lower than your property’s FMV. Their service fee is also a steep 5% of your home’s sale price.

3. Offerpad

QUICK CLOSING

Offerpad

Offerpad-Logo
  • Service Fee: 6%
  • Close in 10 days
  • 3 Stars3.2/5 (180+ reviews)

Offerpad has the fastest closing among iBuyers. Based on housing market trends, their patented evaluation tool will generate an initial offer for your home.

They also have a “List on MLS” package where an Offerpad representative will list your property on the open market.

  • Service Fee: 6% of the home sale price.
  • Typical Offer: 70% to 80% of Fair Market Value (FMV).
  • Eligible Properties: 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 significant foundational issues or rundown properties are not eligible. Check this out to know more about Offerpad criteria.
  • Closing Offer Terms: When you sell to Offerpad, you can close as early as 8 days. The initial offer terms may change after the inspection of your house.
  • Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in eight days.
  • No Need to Fix the Property: When you sell your house for cash, you don’t incur upfront costs to fix, prepare or stage the house.
  • Extended Checkout: Long-term stay option for house sellers who want to push their closing date after acceptance.
  • Broad Coverage: Offerpad buys houses for cash in 27 markets- Birmingham, Phoenix, Denver, Fort Collins, Fort Myers, Jacksonville, Atlanta, Kansas City, etc.

» What is Offerpad? Here’s everything you need to know about them.

  • Lowball Cash Offer: Offerpad produces two offers- initial and final. The difference between the two cash offers can be quite high. Once, a home seller was offered $189,000 but received a lowball offer of $149,000 post Offerpad’s home inspection.
  • High Service Fees: The Offerpad cash offer is readjusted based on repairs identified by the home inspector. The service fees can go up to 13% of the home sale price.
  • Offerpad Cancellation Fee – 1%: If you are only 4 days away from your closing date and you decide not to accept Offerpad’s cash offer, Offerpad charges a cancellation fee of 1% of the home sale price.
  • Inflated Repair Costs: Offerpad’s final cash offer is calculated after deducting home repair and seller closing costs. The difference between Offerpad’s initial offer and the final offer is huge.

Offerpad has a 3.2 out of 5-star rating on TrustPilot.

» Offerpad Review: Check out customer reviews of Offerpad.

Offerpad’s closing process is faster than other “cash for houses” companies. In certain states, they can close in just 8 days.

During the home sale, Offerpad quotes two prices: one before the inspection and one after. The difference between these offers is quite high. As per a customer review, the home seller was offered $189,000 but later received a lowball offer of just $149,000.

» Offerpad vs. Opendoor: Compare the two iBuyers before requesting a cash offer on your house.

4. Texas All Cash Home Buyers

GREAT NETWORK

Texas All Cash Home Buyers

logo image
  • Service Fee: None
  • 4.6 Stars 4.6/5 (100+ reviews)

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

Texas All Cash Home Buyers offers cash for all types of properties including damaged ones. You can sell your home as is without making any repairs!

They cover San Antonio, Austin, and other areas in Texas. They also buy houses that are avoiding foreclosure in Texas, fire damaged, and with bad rental tenants.

5. Texas Home Buyers

Most Experienced

Texas Home Buyers

logo image
  • Service Fee: None
  • 4.5stars4.3/5 (15+ reviews)

Texas Home Buyers is a company that buys houses for cash based in Houston, TX. Since 1995, they have specialized in helping sellers sell their houses fast.

  • 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 Home Buyers provides a 7 to 30-day closing for its cash offer. The terms of the offer are non-negotiable.

👉 Our Take: Texas Home Buyers is a good option for home sellers looking for an experienced cash home buyer. However, they have little to no notable reviews.

  • 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 2 weeks.
  • No Closing Costs: You need not pay any extra charges, they even cover your closing costs!

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

  • Lack of Reviews: Texas Home Buyers have little to no reviews to give them a positive or negative report.
  • Texas Home Buyers is Not 100% Online: They have a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. They don’t even have a mobile app.

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

 

Texas Home Buyers has 4.3 out of 5 stars from 15+ reviews on Google.

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

Texas Home Buyers is a Houston-based company in service since 1995. They purchase distressed homes including fire damaged and teardowns as is. However, they lack tech support which means a lot of back-and-forth paperwork.

6. House Buyers Texas

Local Cash Buyer

House Buyers Texas

logo image
  • Service Fee: None
  • 5 Stars 5/5 (30+ reviews)

House Buyers Texas is one of the leading cash home buyers in the Lone Star State. They have been buying houses for cash for over 5 years. Further, they have a dedicated team of cash home-buying experts who make the selling process seamless.

  • 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: House Buyers Texas provides a 7 to 30-day closing for its cash offer.

👉 Our Take: House Buyers Texas is a good option if you need to sell your house fast for cash. But if you want multiple offers, you should list your house on the MLS

» Pros and Cons of House Buyers Texas: Read our blog to find out

  • 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

House Buyers Texas was founded by ex-Marine Steve Hoeke. They purchase homes as is, so you don’t need to concern yourself with cosmetic repairs. They also provide moving services.

7. We Buy Ugly Houses

NATIONWIDE COVERAGE

We Buy Ugly Houses

We Buy Ugly Houses
  • Service Fee: None
  • Closing in 3 weeks
  • 2.5 Stars 2.3/5 (45+ reviews)

We Buy Ugly Houses is a 20-year-old cash home buyer franchise. Independent real estate investors own and run each franchisee office. The parent company trains the franchisee but doesn’t micromanage their cash home-buying preferences. The brand, We Buy Ugly Houses is owned by HomeVestors.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Eligible Properties: Ugly homes with structural issues, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Offer Terms: WeBuyUglyHouses provides a flexible closing date, up to 30 days out. Offer terms are subject to change based on the local franchisee office.

👉 Our Take: We Buy Ugly Houses is best for sellers who want to unload their distressed houses quickly. You shouldn’t expect more than 70% of your property’s market value.

  • Fast Cash Offers for Homes: WeBuyUglyHouses.com will share a preliminary cash offer for your property in 24 to 48 business hours.
  • Zero Service Fees: WeBuy Ugly Houses doesn’t charge any service fee in exchange for the convenience of selling your home for cash.
  • Fast Closing: We Buy Ugly Houses.com will close in just seven days after you accept their cash offer.
  • Firm Cash Offer: We Buy Ugly House’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
  • Wide Coverage: We Buy Ugly Houses offers cash for homes in 1,100 locations across 45 states.

» We Buy Ugly Houses Review: How does WeBuyUglyHouses.com calculate your cash offer?

In our research, we found some We Buy Ugly Houses drawbacks.

  • Lowball Cash Offer: We Buy Ugly Houses pays less than what sellers could get on the open market. The cash offer is around 50% to 70% of the property’s fair market value.
  • WeBuyUgly Houses.com is Not 100% Online: We Buy Ugly has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. They don’t even have a mobile app.
  • Non-Negotiable Cash Offers: We Buy Ugly Houses will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
  • Inconsistent Quality of Service: When you work with house buyers like WeBuy UglyHouses, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

We Buy Ugly Houses has 1.6 out of 5 stars with 9+ reviews on Yelp.

» We Buy Ugly Houses Complaints: Check what customers say about WeBuyUglyHouses.com.

We Buy Ugly Houses, a trademark of “HomeVestors,” operates on a franchisee model. Each WeBuyUglyHouses franchisee has its own rules, so the cash offer terms and service quality may not be consistent. If your house needs dire repairs, they make cash offers starting from 30% of its FMV.

Are Companies That Buy Houses for Cash in Dallas Legit?

Yes, companies that buy houses for cash in Dallas are legitimate and operate legally nationwide. Cash house buyers will offer cash for your house to fix and flip for a profit. These are companies that buy homes as is.

🚨 Cash for Houses Scams: Remember to inspect how the cash company operates before you sign any real estate contract. A legitimate home buyer will never ask you to pay upfront costs!

Types of Cash Companies That Buy Homes in Dallas

Companies that buy homes for cash in Dallas help you skip the hassle of marketing, home staging, etc. There are 4 types of cash home buyers:

  • “We Buy Houses for Cash” Companies: These “fix-and-flip” house buyers buy distressed properties, make repairs, and sell them on the open market. Dallas cash home buyers pay 30% to 70% of the FMV and don’t have any service fees.
  • iBuyers: Such home-buying companies use proprietary algorithms to determine a cash offer for your house. In 2024, iBuyer’s cash offer for homes will range from ~70% to 80% of the fair market value.
  • Buy-and-Hold Cash Buyers: A buy-and-hold cash buyer in Dallas will convert a distressed house into a rental property. They do not sell the upgraded property for a one-time profit and will enjoy a steady source of income.
  • Home Trade-In Services: They are house flipping companies that will offer cash on your house to help you buy another property. They fund your next house while you sell your house for cash.

Companies that buy houses in Dallas wait for potential gold (such as your home) to hit the market. An ‘as-is’ property with minimal repairs makes these companies buying a house for cash a big profit.

How to Sell to Companies That Buy Houses for Cash?

Here’s how you can sell your house for cash to get an offer from a Dallas cash house buyer:

  1. Share Your Property Details: Dallas cash buyers will collect basic information like the location and condition of your property. You can submit your property details on their website.
  2. Review the Preliminary Cash Offer: They will make an initial cash offer on your house after comparing similar properties in the area. Typically, they buy your house for 30% to 70% of your home’s fair market value.
  3. Complete the Home Inspection: The cash buyers for houses will perform an inspection if you accept the initial offer. After adjusting repair expenses and holding costs, they will send a final offer.
  4. Accept the Final Cash Offer and Close: If the company’s final cash offer for your house matches your expectations, then you can finalize the closing timeline.

How Much Do Dallas “We Buy Houses for Cash” Companies Pay?

Cash buyers for homes offer substantially lower prices, equivalent to 30% to 70% of the home’s After-Repair Value (ARV). The more repairs your home requires when selling a house for cash, the lower the price it would fetch.

For example, If your home’s value is $400,000 and you need a $50,000 roof replacement, the ARV will be $350,000. Since Dallas cash home buyers offer only 70% of the ARV, you will get an offer of about $245,000.

“We Buy Houses for Cash” Dallas: Pros and Cons

Are you considering selling your house fast for cash? Here are some pros and cons associated with cash buyers that you must account for:

✅ Pros

  • Fast Cash Sale: In the traditional model, you must list on the MLS and wait for potential buyers. However, with “We Buy Houses for Cash” companies, you get a cash offer within 24-48 hours of submitting your details on their website.
  • Flexible Closing: Cash home buyers in Dallas move faster than traditional buyers. Home sellers can close on their timeline and need not wait for listing paperwork.
  • No Service Fees: A Dallas cash home buyer doesn’t charge any service fee. The net profit after fixing and selling your home is enough for them to sustain their fix-and-flip model.

❌ Cons

  • Lowball Cash Offers: Cash companies that buy homes in Dallas generally pay 30% to 70% of the home’s fair market value. They deduct all repair, utility, and re-selling expenses of your home.
  • Non-Negotiable Deals: When dealing with “cash home buyer” companies, the deal is usually take-it-or-leave-it. You can try to negotiate if the company overlooked something important, but most cash companies will not budge on price.
  • Some Cash Buyers Will Make You Pay Closing Costs: Homeowners are forced to pay the seller’s closing costs, which are not disclosed on the cash buyer’s website. You should always read the terms and conditions document carefully.

» Estimate Seller Closing Costs in Dallas: Calculate the closing costs you incur as a Dallas home seller.

Alternatives to Companies That Buy Houses for Cash in Dallas

  • List Your Home With a Flat Fee MLS Service: You can get up to 100% of the cash for your home on the open market. High-tech For Sale By Owner websites in Texas like Houzeo can help you sell your home for cash!
  • Hire a Top Realtor: Dallas Realtors can help you sell your property within a set timeline. However, the best Realtors will charge a 6% commission. That amounts to thousands of dollars!
  • Sell “For Sale By Owner”: Selling your home purely For Sale By Owner implies no access to the MLS. You market your property, conduct market research, manage offers and showings, etc., all by yourself.

Should You Sell to Companies That Buy Houses for Cash in Dallas?

Yes, but don’t settle for an offer from just a single cash home buyer.

Instead, list your home on Dallas’s #1 cash buyer marketplace – Houzeo. Your listing will be active in less than 24 hours. Moreover, you could receive cash offers from multiple cash buyers, ultimately driving up your final home price.

Check out how Houzeo works in this video:

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

» Houzeo Reviews: See how Houzeo home sellers save thousands with Houzeo technology and MLS exposure.

Frequently Asked Questions about Cash Buyers Dallas

Which is the best company that buys houses for cash in Dallas, TX?

Houzeo is the most popular cash marketplace for selling homes for cash in Dallas. iBuyers like Opendoor and multiple cash buyers have extended offers on homes listed on Houzeo. You could receive multiple cash offers, increasing your home sale price.

How can you sell to companies that buy houses for cash?

You can sell directly to Dallas cash buyers or list on the Texas MLS and receive multiple cash offers. When you sell to a cash buyer, you actively search for the best option. With an MLS listing, the best offer comes to you.

How can I sell my house fast for cash in Dallas?

Opt for a cash buyer marketplace. “We buy houses for cash” companies in Dallas are best for distressed homes. They will offer 50% to 70% of the fair market value. An iBuyer will have strict purchase criteria and may not offer more than 70% to 80% of FMV.

How fast can I sell my Dallas house?

You can sell your house in 7 to 30 days when selling to cash buyers in Dallas. Also, if you're looking for a new home before you sell your existing one, take a look at homes for sale near you.

Companies That Buy Houses for Cash Dallas Texas

Save $20

On Silver & up plans

Use Coupon Code:

Copied
Need help? Call us on
(844) 448-0110