Lakeway Entry-Level Homes: Can Buyers Afford Them in October?

Deal of the Week

Deal of the Week · 583 Rupen DR, Lakeway TX 78734 · MLS #1535471 · Listed by Advantage Austin Properties. ALEX valuation $469,000 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 $593,000 583 Rupen DR, Lakeway TX 78734 · MLS #1535471 Listed at $475,000, 2 bed, 2.5 bath, 2,007 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 15% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188510259/583-Rupen-DR-Lakeway-TX Lower-middle quartile: $593,000 to $712,000 224 Hurst Creek RD, Lakeway TX 78734 · MLS #2748918 Listed at $699,995, 4 bed, 2 bath, 2,888 sq ft. Listed 1% below the ALEX valuation; 13% under the local price per sq ft; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188950274/224-Hurst-Creek-RD-Lakeway-TX Upper-middle quartile: $712,000 to $998,000 106 Confidence CV, Lakeway TX 78734 · MLS #5037081 Listed at $765,000, 4 bed, 3.5 bath, 3,087 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182647688/106-Confidence-CV-Lakeway-TX Upper quartile: $998,000 and up 701 Echelon PL, Lakeway TX 78738 · MLS #9418996 Listed at $1,575,000, 5 bed, 4 bath, 4,330 sq ft. Listed 16% below the ALEX valuation; price reduced 25% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182522679/701-Echelon-PL-Lakeway-TX

Key figures · Lakeway · September 2026

25 homes sold in Lakeway in September 2026 (up 13.6% on a year earlier).

Median sale price: $675,000 (down 8.8% on a year earlier).

Median price per square foot: $282.

Median days on market: 57.

Median sale price as a share of the original list price: 90.6%.

132 homes for sale now, about 4.7 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Can buyers afford the median entry-level home in Lakeway this month? The answer depends on how current rates interact with local prices. ALEX Intelligence analyzed the bottom quartile of sales to determine affordability for first-time and budget-conscious buyers. In September 2026, the median price for entry-level homes in Lakeway was $675,000 across 25 closed sales. This figure represents the lowest-priced tier of transactions recorded in the city during the month. To understand what this means for monthly payments, we applied a standard affordability model using current market data. Based on a median sale price of $675,000 and a 30-year fixed mortgage rate of 7.32% (sourced from Freddie Mac), a buyer making a down payment would face a principal and interest payment of approximately $3,709 per month. This calculation assumes standard financing terms and does not include taxes or insurance. The data shows that while the median entry-level price has dropped 8.8% compared to September 2025, the prevailing mortgage rate remains a significant factor in total monthly cost. Buyers entering this tier today must weigh the lower purchase price against higher borrowing costs compared to previous years. This analysis reflects actual closed sales activity and current financing conditions as of October 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