Blanco County Entry-Level Homes: Can Buyers Afford Them?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-12
Deal of the Week
This week's 5 best values under $1,000,000, ranked by the ALEX deal score:
1. 496 Middleton RD, Spicewood TX 78669 · MLS #3738410
Listed at $898,800, 2 bed, 2 bath, 1,195 sq ft. Listed 3% below the ALEX valuation; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183550414/496-Middleton-RD-Spicewood-TX
2. 101 Winding Oak DR, Johnson City TX 78636 · MLS #7080964
Listed at $499,500, 3 bed, 3 bath, 2,096 sq ft. Listed 2% below the ALEX valuation; 23% under the local price per sq ft; price reduced 12% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183085529/101-Winding-Oak-DR-Johnson-City-TX
3. 2058 Montell RD, Wimberley TX 78676 · MLS #2194806
Listed at $550,000, 3 bed, 2 bath, 1,320 sq ft. Listed 0% below the ALEX valuation; price reduced 15% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1175751971/2058-Montell-RD-Wimberley-TX
4. 784 River View DR, Johnson City TX 78636 · MLS #1874943
Listed at $635,000, 3 bed, 2.5 bath, 2,032 sq ft. Listed 0% below the ALEX valuation; price reduced 6% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183931900/784-River-View-DR-Johnson-City-TX
5. 888 Glenn Crest DR, Blanco TX 78606 · MLS #2995070
Listed at $745,000, 2 bed, 1 bath, 1,308 sq ft. Listed 2% below the ALEX valuation.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187699430/888-Glenn-Crest-DR-Blanco-TX
Can buyers still find entry-level homes in Blanco County when the median price sits at $575,000? ALEX Intelligence analyzed the bottom quartile of recent sales to answer this affordability question for the rolling six-month period ending September 30, 2026.
The data shows that while the market has cooled slightly from its peak, entry-level prices remain elevated. The median close price for the lowest-priced homes in the county is $575,000, which represents a 21.6% increase compared to the same period last year. This rise outpaces the 2.4% gain seen over the prior six-month window, indicating that lower-priced inventory is becoming scarcer or more expensive relative to the broader market.
With current mortgage rates at 7.4%, financing these homes requires significant monthly commitment. A buyer purchasing a median entry-level home with a loan amount of $460,000 would face a principal and interest payment of $3,185 per month. To lower this burden, a 3-2-1 buydown could reduce the first-year rate to 4.4%, saving $881 monthly, though it would cost $21,492 upfront. Alternatively, a 2-1 buydown offers a one-year reduction for $10,920.
The median home size in this segment is 1,908 square feet, down 13% from the prior period, suggesting that smaller homes are driving the entry-level volume. With 49 closed sales recorded in the window, the market shows activity, but the price trajectory suggests that affordability remains a primary constraint for first-time buyers in Blanco County.
Want to see this home? Call or text George at 713.918.9951 for a private 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
Source data: Unlock MLS closed sales, rolling 6 months ending Sep 30, 2026, n=49
Cover photo: Pedernales Falls - panoramio.jpg by Outdoor Craziness, CC BY-SA 3.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov





