Lee County: How Mortgage Rates Shape Buying Power Today

Deal of the Week

Deal of the Week · 809 N Main ST, Lexington TX 78947 · MLS #8586473 · Listed by Bexley Land & Cattle. ALEX valuation $179,000 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 $201,000 809 N Main ST, Lexington TX 78947 · MLS #8586473 Listed at $190,000, 2 bed, 2 bath, 1,412 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 25% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189987880/809-N-Main-ST-Lexington-TX Lower-middle quartile: $201,000 to $330,000 517 Giddings ST, Lexington TX 78947 · MLS #1443134 Listed at $245,000, 3 bed, 1 bath, 1,859 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 26% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179951649/517-Giddings-ST-Lexington-TX Upper-middle quartile: $330,000 to $441,000 1015 Fm 112 RD, Lexington TX 78947 · MLS #3402912 Listed at $354,000, 3 bed, 2 bath, 2,751 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 28% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184266069/1015-Fm-112-RD-Lexington-TX Upper quartile: $441,000 and up 3210 County Road 226, Giddings TX 78942 · MLS #1642725 Listed at $490,000, 3 bed, 2 bath, 2,470 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 2% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180344965/3210-County-Road-226-Giddings-TX

Key figures · Lee County · rolling 6 months ending Sep 30, 2026

48 homes sold in Lee County in the 6 months ending Sep 30, 2026 (up 23.1% on a year earlier).

Median sale price: $347,000 (up 0.6% on a year earlier).

Median price per square foot: $180.

Median days on market: 54.

Median sale price as a share of the original list price: 93.4%.

54 homes for sale now, about 6.8 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.

How does a 7.32% mortgage rate change what a buyer can afford in Lee County? With a median closed price of $347,000 across 48 sales in the rolling six months ending September 30, 2026, a typical buyer putting 20% down faces a principal-and-interest payment of $1,907 per month. ALEX Intelligence modeled buying power using that median price and the current rate to show how buydowns affect monthly costs. A 3-2-1 buydown on this median price costs $12,924 total and reduces the first-year payment to $1,377, saving $530 monthly compared with the base rate. A 2-1 buydown costs $6,564 and lowers the first-year payment to $1,545, saving $362 monthly. These figures assume a 30-year fixed loan at 7.32% with 20% down and principal-and-interest only. The local market shows resilience despite higher rates: median days on market fell 39.3% versus the prior six-month window to 54 days, while median price rose 9.3% to $347,000. Median price per square foot increased 5.3% over the same period to $180. These shifts suggest buyers are still active, though rate levels continue to influence payment sizes and negotiation dynamics. ALEX Intelligence estimate, not an appraisal. 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