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    Probate & Inherited Property

    Inherited a House in Waco? Here's Your 2025 Roadmap

    Tony Dabney

    The Waco real estate market has normalized. With homes sitting 70+ days, vacant property risks rising, and new 2026 landlord laws looming, here's your guide to selling inherited property.

    Need Help With Your Property?

    We understand this might be a difficult time. Get a compassionate consultation and fair cash offer.

    Looking for a step-by-step guide? Read our complete resource page for Selling Inherited Property in Texas (With or Without Probate).

    The Waco real estate market has normalized. The days of putting a "Coming Soon" sign in the yard and getting 10 offers are over. In late 2025, homes in Waco, Woodway, and Hewitt are sitting on the market for an average of 70+ days.

    If you've inherited a property in the area, this market shift directly impacts your selling strategy and timeline.

    The Waco Market Has Normalized

    After the 2020-2022 boom, Waco's real estate market has returned to pre-pandemic patterns. Higher interest rates and increased inventory mean buyers have choices—and they're taking their time.

    📊 Current Market Reality (Winter 2025)

    • Average days on market: 70+ days (up from 15 days in 2021)
    • Buyer offers: 1-2 per listing (down from 10+ in 2021)
    • Price reductions: 35% of listings reduce price at least once

    The "Empty House" Risk

    Inherited homes often sit vacant during probate. In 2025 Waco, this creates serious risks:

    ⚠️ Vacant Property Dangers

    • Vandalism and copper theft: Thieves target vacant homes for copper pipes, AC units, and wiring. One incident can cause $10k+ in damage.
    • Squatters (a growing issue in 2025): Texas squatter problems have increased 40% since 2023. Evicting them can take months.
    • Insurance cancellation: Most policies void coverage if vacant for 30+ days. You could lose coverage when you need it most.
    • City code violations: Waco aggressively fines for tall grass, trash, and maintenance issues. Fines start at $200 and escalate quickly.

    Your 3 Options

    When you inherit a house in Waco, you essentially have three paths forward:

    Option 1: Renovate & List

    ✅ Good if:

    • • The house is in Woodway or Hewitt (premium areas)
    • • You have $40k+ cash for renovations
    • • You can wait 4-6 months for repairs + sale
    • • All heirs agree on this approach

    ❌ Challenges:

    • • Contractor delays are common in 2025
    • • Renovation costs often exceed estimates
    • • Still might sit 70+ days on market

    Option 2: Become a Landlord

    ✅ Good if:

    • • You want long-term passive income
    • • The property is in good condition
    • • You're prepared for Texas's new 2026 eviction laws

    ❌ Reality check:

    • • Property management costs 8-10% of rent
    • • Insurance rates up 35% for rentals in 2025
    • • New 2026 laws make evictions harder
    • • Coordinating with multiple heirs is complex

    Option 3: Sell As-Is for Cash

    ✅ The simplest path when:

    • • You need to settle the estate quickly
    • • The house needs significant repairs
    • • Heirs live out of state
    • • You want to avoid holding costs

    💡 Benefits:

    • • Close in 7-14 days (not 70+ days)
    • • No repairs, cleaning, or staging
    • • We handle all paperwork
    • • Split proceeds immediately among heirs

    Navigating Texas Probate

    You'll need some form of legal authority to sell. Here's what works in McLennan County:

    Affidavit of Heirship (Fastest)

    No will? This bypasses probate. We work with title companies who specialize in these.

    Muniment of Title (30-45 days)

    Have a will + no debts? This simplified process is quick.

    Independent Administration

    Standard probate (6-12 months) with minimal court oversight.

    Dependent Administration

    Court supervises everything. Slowest option (12-24+ months).

    Pro tip: We've helped sell hundreds of inherited properties. Our title partners often find creative solutions to avoid lengthy probate.

    Tax Implications

    Good news: When you inherit property, you get a "stepped-up basis" to the current market value. This means you only pay taxes on appreciation after the date of death, not on decades of growth.

    💰 Tax Savings Example

    Parents bought: $50,000 (1985)
    Value at death: $250,000 (2025)
    You sell for: $250,000
    Your capital gains: $0

    Selling quickly after inheriting minimizes taxable gains.

    Why Consider a Cash Offer in 2025's Market?

    In today's 70+ day market, a cash offer provides certainty that traditional sales can't match:

    Traditional SaleCash Offer to Dabney
    70+ days on marketClose in 7-14 days
    $15k-30k in repairs neededSell as-is, no repairs
    6% realtor commissionZero commission or fees
    Multiple showings & open housesOne visit, done
    Buyer financing can fall throughGuaranteed cash closing

    Get Your Free Cash Offer Today

    Whether your inherited house is in Woodway, Hewitt, or central Waco, we'll make a fair cash offer. No obligations, no pressure.

    • We handle all the probate paperwork
    • Close as fast as 7 days
    • Take what you want, leave the rest
    • Fair offer based on 2025 market conditions

    QHow long are houses sitting on the market in Waco in 2025?

    In late 2025, homes in Waco, Woodway, and Hewitt are averaging 70+ days on market, up from just 15 days in 2021. This normalized market gives buyers more negotiating power.

    QWhat are the biggest risks of keeping an inherited house vacant in Waco?

    Vacant properties face vandalism, copper theft, squatters (up 40% since 2023), insurance cancellation after 30 days, and city code violation fines starting at $200. These risks make quick sales attractive.

    QDo I need full probate to sell an inherited house in McLennan County?

    Not always. An Affidavit of Heirship can bypass probate entirely. Muniment of Title takes only 30-45 days if there's a will and no debts. We work with title companies that specialize in these faster alternatives.

    QShould I renovate an inherited house before selling in Waco's 2025 market?

    With homes sitting 70+ days on market, renovations rarely return full value. Most inherited homes need $30k-75k in updates. Cash buyers purchase as-is, saving you time, money, and the risk of extended market exposure.

    Want a cash offer without showings?

    If selling fast is your priority, request a no-obligation offer and we can typically respond within 24 hours.

    Ready to Move Forward?

    We've helped dozens of Texas families through difficult property situations with compassion and fairness.