Burnet Entry-Level Homes: Affordability Check

Deal of the Week

Deal of the Week · 6212 Fm 690, Burnet TX 78611 · MLS #6536776 · Listed by StarPointe Realty CTX, LLC. ALEX valuation $227,000 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 $289,000 6212 Fm 690, Burnet TX 78611 · MLS #6536776 Listed at $219,900, 2 bed, 1 bath, 1,088 sq ft. Listed 3% below the ALEX valuation; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184184775/6212-Fm-690-Burnet-TX Lower-middle quartile: $289,000 to $340,000 105 Carmen CV, Burnet TX 78611 · MLS #5303190 Listed at $339,990, 4 bed, 3.5 bath, 2,101 sq ft. Listed 3% below the ALEX valuation; 21% under the local price per sq ft; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1175154086/105-Carmen-CV-Burnet-TX Upper-middle quartile: $340,000 to $550,000 12009 RR 2341, Burnet TX 78611 · MLS #4303627 Listed at $400,000, 3 bed, 2 bath, 1,440 sq ft. Listed 10% below the ALEX valuation; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180360169/12009-RR-2341-Burnet-TX Upper quartile: $550,000 and up 1704 County Road 128, Burnet TX 78611 · MLS #2803912 Listed at $895,000, 3 bed, 3 bath, 2,531 sq ft. Listed 22% below the ALEX valuation; price reduced 25% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183060552/1704-County-Road-128-Burnet-TX

Key figures · Burnet · rolling 6 months ending Sep 30, 2026

110 homes sold in Burnet in the 6 months ending Sep 30, 2026 (up 50.7% on a year earlier).

Median sale price: $332,500 (down 1.3% on a year earlier).

Median price per square foot: $207.

Median days on market: 74.

Median sale price as a share of the original list price: 91.3%.

167 homes for sale now, about 9.0 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 an entry-level home cost in Burnet when rates are near 7.32%? The median price for the bottom quartile of homes sold over the last six months is $332,500 across 110 closed sales. This figure represents the threshold for first-time buyers or those seeking smaller footprints in the city. ALEX Intelligence analyzed the payment impact using a standard scenario: a median-priced entry-level home at the current Freddie Mac rate of 7.32%. The resulting principal and interest payment is $1,827 per month. To make this more accessible, sellers sometimes offer buydowns. A common 3-2-1 buydown would cost the seller $12,384 (3.72% of the price) to lower the rate in year one, reducing the monthly payment to $1,319. A shorter 2-1 buydown costs $6,288 (1.89% of the price) to drop the rate for the first year. The market has seen a slight contraction in entry-level affordability compared to six months ago, with median prices down 5.0%. However, homes are selling slightly faster relative to list price than they were last year, with the close-to-original list ratio at 91.3%. Buyers should note that while the median home size is 1,777 square feet, the entry-level segment often includes smaller properties that fit tighter budgets. This analysis relies on data from 110 closed sales in Burnet City over a rolling six-month window. The mortgage rate and buydown costs are estimates based on current market conditions and do not constitute financial advice or an appraisal of specific property values. 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