Hutto: How Mortgage Rates and Buydowns Shape Buying Power in October

Deal of the Week

Deal of the Week · 1000 McCormick CV, Hutto TX 78634 · MLS #7914627 · Listed by Goodrich Realty LLC. ALEX valuation $380,000 is an ALEX Intelligence estimate, not an appraisal.

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 1000 McCormick CV, Hutto TX 78634 · MLS #7914627 Listed at $315,000, 4 bed, 2.5 bath, 2,191 sq ft. Listed 17% below the ALEX valuation; 16% under the local price per sq ft; price reduced 21% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1177848501/1000-McCormick-CV-Hutto-TX 2. 316 Carrington ST, Hutto TX 78634 · MLS #9864043 Listed at $399,500, 4 bed, 2.5 bath, 3,300 sq ft. Listed 6% below the ALEX valuation; 30% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing?q=316+Carrington+ST%2C+Hutto%2C+TX 3. 106 Barley Fork LN, Hutto TX 78634 · MLS #9023876 Listed at $409,999, 4 bed, 2.5 bath, 2,778 sq ft. Listed 9% below the ALEX valuation; 14% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176623418/106-Barley-Fork-LN-Hutto-TX 4. 116 Twins TRL, Hutto TX 78634 · MLS #9389589 Listed at $264,999, 4 bed, 2 bath, 1,867 sq ft. Listed 14% below the ALEX valuation; 12% under the local price per sq ft; price reduced 19% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184259474/116-Twins-TRL-Hutto-TX 5. 103 Pentire WAY, Hutto TX 78634 · MLS #7505538 Listed at $289,000, 3 bed, 2 bath, 1,983 sq ft. Listed 9% below the ALEX valuation; 15% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180369991/103-Pentire-WAY-Hutto-TX

What does a 7.4% mortgage rate mean for a buyer in Hutto today? With the median home price at $319,900 across 93 closed sales in September, the monthly principal and interest payment on a standard 30-year fixed loan with 20% down comes to $1,772. ALEX Intelligence modeled two common buydown scenarios to show how these tools can lower initial costs. For a median-priced home, a 3-2-1 temporary buydown reduces the rate to 4.4% in year one, cutting the monthly payment by $490 and saving $5,880 that year. A 2-1 buydown offers a smaller reduction, lowering the rate to 5.4% in year one for a $335 monthly savings and $4,020 in first-year relief. The total cost of these buydowns is reflected in the sale price: a 3-2-1 buydown costs about $11,952 (3.74% of the median price), while a 2-1 buydown costs roughly $6,072 (1.9%). These figures assume a 20% down payment and are based on the current rate environment. While rates influence affordability, local activity remains strong. New listings rose to 154 in September, up from 106 in August, helping to balance the market. Buyers should weigh the upfront cost of a buydown against their long-term plans, as the lower rates expire after the buydown period ends. For more details on how these calculations apply to specific price points or neighborhoods, consult the full ALEX Intelligence report for Hutto. 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