Bastrop County: How Mortgage Rates Shape Buying Power Today

Deal of the Week

Deal of the Week · 19300 Bear Grass DR, Elgin TX 78621 · MLS #1383841 · Listed by Compass RE Texas, LLC. ALEX valuation $296,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $294,000 19300 Bear Grass DR, Elgin TX 78621 · MLS #1383841 Listed at $279,000, 3 bed, 2.5 bath, 1,859 sq ft. Listed 6% below the ALEX valuation; 9% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183883868/19300-Bear-Grass-DR-Elgin-TX Lower-middle quartile: $294,000 to $345,000 241 Red Tail Hawk LN, Cedar Creek TX 78612 · MLS #1846048 Listed at $329,900, 4 bed, 2.5 bath, 2,220 sq ft. Listed 6% below the ALEX valuation; 6% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1169869467/241-Red-Tail-Hawk-LN-Cedar-Creek-TX Upper-middle quartile: $345,000 to $436,000 110 Cassins Nest, Cedar Creek TX 78612 · MLS #4993822 Listed at $386,990, 5 bed, 3 bath, 3,016 sq ft. Listed 7% below the ALEX valuation; 19% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186127013/110-Cassins-Nest-Cedar-Creek-TX Upper quartile: $436,000 and up 1883 Watterson RD, Red Rock TX 78662 · MLS #5426029 Listed at $849,000, 4 bed, 3 bath, 3,729 sq ft. Listed 10% below the ALEX valuation; 19% under the local price per sq ft; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183134104/1883-Watterson-RD-Red-Rock-TX

Key figures · Bastrop County · rolling 6 months ending Sep 30, 2026

705 homes sold in Bastrop County in the 6 months ending Sep 30, 2026 (up 5.9% on a year earlier).

Median sale price: $345,000 (down 2.0% on a year earlier).

Median price per square foot: $188.

Median days on market: 69.

Median sale price as a share of the original list price: 94.2%.

704 homes for sale now, about 5.9 months of supply at the pace of the last six months.

Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

What does a 7.32% mortgage rate mean for a buyer in Bastrop County today? With the median home price at $345,000 across 705 closed sales in the rolling six months ending September 30, 2026, monthly payments are sensitive to even small rate shifts. A standard purchase with a loan amount of $276,000 and a 7.32% note results in a principal-and-interest payment of $1,896 per month. ALEX Intelligence modeled how temporary buydowns alter that burden. A 3-2-1 buydown reduces the rate to 4.32% in year one, cutting the monthly payment by $527 and saving $6,324 in the first year alone. The total cost of this buydown is $12,852, or 3.73% of the median sale price. A 2-1 buydown offers a smaller but still meaningful reduction, costing $6,528 (1.89% of price) while lowering the first-year payment by $360 per month. These figures are estimates based on the median price and current rate; they are not appraisals. Buyers should weigh the upfront cost of a buydown against their cash flow needs and how long they plan to hold the home. With 705 sales in the last six months, the market shows that financing terms remain a key lever for affordability at this price point. The data reflects activity through September 30, 2026, with mortgage rates sourced from Freddie Mac for the week of October 22, 2026. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951