Burnet: How Mortgage Rates Shape Buying Power in October

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 a 7.32% mortgage rate mean for a buyer in Burnet today? With the median home price at $332,500 across 110 closed sales in the rolling six months ending September 30, 2026, monthly payments are sensitive to every basis point. A standard 30-year fixed loan with a loan amount of $266,000 results in a principal-and-interest payment of $1,827 per month at the current rate. ALEX Intelligence modeled two common buydown scenarios to show how sellers can help buyers manage these costs. A 3-2-1 buydown reduces the interest rate to 4.32% in year one, cutting the monthly payment by $508 compared to the base rate. In year two, the rate steps up to 5.32%, saving $347 per month, and in year three it reaches 6.32%, saving $177. The total cost of this buydown is $12,384, or 3.72% of the median sale price. A shorter 2-1 buydown offers a more modest reduction. It lowers the rate to 5.32% in year one and 6.32% in year two, with total costs of $6,288, or 1.89% of the median price. These figures are based on the median sale price of $332,500 and a loan amount of $266,000 as defined by the buydown basis in the data. The data shows that while prices have dipped 5.0% compared to the prior six-month period, the cost of borrowing remains a key factor in affordability. Buyers should weigh the upfront cost of a buydown against their long-term plans and cash flow needs. These estimates are based on current market conditions and do not account for taxes, insurance, or HOA fees. 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