Austin · Travis County
Reverse mortgages in Austin.
Honest, education-first reverse mortgage guidance for Austin homeowners 62+. Local context, no sales pitch - from a specialist who has walked hundreds of Central Texas families through the decision.
- Median value
- $565,000
- 65+ residents
- 11.4%
- ZIPs served
- 8
The Austin picture
Why the math often works here
Austin homeowners who bought before 2018 typically have 60 - 80% equity, and property tax freezes at the age-65 taxable value keep monthly carrying costs unusually predictable. That combination makes HECM math work well here.
A real Austin scenario
A retired couple in Northwest Hills, both 71, with a $780,000 home and a $92,000 remaining mortgage: refinancing into a HECM eliminated their $1,650 monthly payment and left a $180,000+ standby line of credit for future medical needs.
Details anonymized. Results vary based on age, home value, rates, and loan structure.
Neighborhoods served
Where Austin clients live
- Tarrytown
- Allandale
- Hyde Park
- Northwest Hills
- Circle C
- Zilker
- Barton Hills
ZIP codes served
Primary Austin ZIPs
- 78701
- 78703
- 78704
- 78731
- 78746
- 78749
- 78750
- 78759
Austin FAQs
Questions from Austin homeowners
- How much can I get from a reverse mortgage in Austin?
- For a 72-year-old with a $600,000 Austin home and no forward mortgage, the Principal Limit is typically $290,000 - $340,000 depending on current rates. Higher-value homes in Tarrytown, Westlake-adjacent 78746, and Northwest Hills often approach the 2026 FHA lending limit of $1,209,750.
- Does Travis County's over-65 tax freeze affect a reverse mortgage?
- The over-65 school-tax ceiling stays with you regardless of the reverse mortgage - the loan does not reset your taxable value. Keeping property taxes current is a HECM requirement, and the freeze makes that easier to plan for on a fixed income.
- Is there HUD-approved reverse mortgage counseling available in Austin?
- Yes. Several HUD-approved agencies serve Austin residents by phone or in person, and counseling is required before any HECM application. Mark provides a current list at your first conversation.
Also serving
Reverse mortgages in nearby Central Texas cities
Ready to talk about Austin?
Twenty minutes on the phone with Mark. No forms, no hard sell - just a straight answer on whether a reverse mortgage makes sense for your Austin home.