Texas
Fix and Flip Loans in Texas
Purchase plus rehab, released in draws. I am licensed in Texas and I shop this across 175+ lenders.
Fix and flip lending is asset-based and fast. The lender is underwriting the deal, not your tax returns.
How the money works
Most programs lend a percentage of purchase plus a percentage of the rehab budget, with the rehab released in draws as the work passes inspection. You bring the gap and the carrying costs. Terms are short — commonly 12 to 18 months — and interest-only.
The number that decides everything is after-repair value. The lender's cap is a percentage of ARV, so if your ARV is optimistic, your loan shrinks at the worst possible moment.
Texas specifics
Median ZIP value here is $262,445, with the tenth percentile around $147,363 and the ninetieth around $479,430. That spread is where flips live — buying below the median and selling toward it.
Active metros: Dallas-Fort Worth-Arlington · Houston-The Woodlands-Sugar Land · San Antonio-New Braunfels · Austin-Round Rock-Georgetown
Lower price points keep carrying costs manageable, which is why first-time flippers usually start in markets like this.
What lenders want
Experience helps and is not always required. Credit in the 620s and up. Real money in the deal. A rehab budget that a contractor could actually execute, not a number you worked backwards from.
Where this sits in Texas
Median ZIP value across Texas is $262,445 across 1512 ZIP codes. The cheaper tenth of ZIPs run near $147,363 and the top tenth near $479,430. That spread matters: the same program behaves very differently at $147,363 than it does at $479,430.
| Largest metro | Median value | ZIP codes |
|---|---|---|
| Dallas-Fort Worth-Arlington | $344,901 | 254 |
| Houston-The Woodlands-Sugar Land | $277,940 | 219 |
| San Antonio-New Braunfels | $280,651 | 105 |
| Austin-Round Rock-Georgetown | $425,009 | 87 |
| Longview | $221,533 | 27 |
Zillow public home value index, as of 2026-08-31. Market data, not an appraisal of your property and not a quote.
More detail on the program itself is on my fix and flip loans page, and the rest of what I write in the state is on the Texas mortgage broker page.
Get a free rate quote.
No application. No credit pull. A written comparison across 175+ lenders, with the APR on each.
Let's look at your numbers
Questions people ask
Do you write fix and flip loans in Texas?
Yes. I am licensed in Texas under NMLS #487617 and I shop this program across 175+ lenders rather than offering one lender's version of it.
What is the median home value in Texas?
About $262,445 across 1512 ZIP codes, from Zillow's public home value index as of 2026-08-31. Your own ZIP may be well above or below that.
How do I start?
Send me your numbers or book fifteen minutes. No credit is pulled to start and there is no application to get a comparison.
Do I need to live in Texas to use this?
No. The property has to be in a state I am licensed in. Where you live does not matter, and a good share of my Texas files are for people who live somewhere else.
How many lenders do you actually compare?
175+. A bank can only offer its own product, so if you do not fit it you hear no. I put the ones that fit side by side with the APR on each, and if your current deal already wins I will tell you.
What does it cost to talk to you?
Nothing. I am paid when a loan closes and the compensation is disclosed on your Loan Estimate. If the answer is to keep what you have, it cost you fifteen minutes.
Let’s look at your numbers
Fifteen minutes. Your real numbers. No pressure.
Call or text my cell, or book a time. You’ll get a written comparison with real terms and an APR on every option, and if your current deal already wins, I’ll tell you.