Lockhart: How Lot Size Influenced Prices in September

Deal of the Week

Deal of the Week · 703 Rosewood ST, Lockhart TX 78644 · MLS #3594141 · Listed by Joseph Walter Realty, LLC. ALEX valuation $99,000 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 $220,000 703 Rosewood ST, Lockhart TX 78644 · MLS #3594141 Listed at $94,900, 4 bed, 1 bath, 1,195 sq ft. Listed 4% below the ALEX valuation; 51% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189899321/703-Rosewood-ST-Lockhart-TX Lower-middle quartile: $220,000 to $270,000 223 Pitkin DR, Lockhart TX 78644 · MLS #1452688 Listed at $259,999, 4 bed, 2 bath, 1,454 sq ft. Listed 3% below the ALEX valuation; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187159902/223-Pitkin-DR-Lockhart-TX Upper-middle quartile: $270,000 to $390,000 2024 Applewood DR, Lockhart TX 78644 · MLS #7205974 Listed at $289,000, 4 bed, 3 bath, 1,686 sq ft. Listed 5% below the ALEX valuation; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176886282/2024-Applewood-DR-Lockhart-TX Upper quartile: $390,000 and up 9765 FM 20, Lockhart TX 78644 · MLS #7316724 Listed at $450,000, 3 bed, 2 bath, 1,856 sq ft. Listed 17% below the ALEX valuation; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187045433/9765-FM-20-Lockhart-TX

Key figures · Lockhart · September 2026

16 homes sold in Lockhart in September 2026 (down 46.7% on a year earlier).

Median sale price: $354,900 (up 13.6% on a year earlier).

Median price per square foot: $165.

Median days on market: 92.

Median sale price as a share of the original list price: 86.6%.

128 homes for sale now, about 5.4 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.

How does the size of a lot influence the final price in Lockhart? ALEX Intelligence analyzed 16 closed sales in September 2026 to determine if larger parcels commanded higher prices per square foot. The median sale price reached $354,900 across these transactions, with homes averaging 1,964 square feet of living space. The analysis applied a regression model to the relationship between lot size and sale price. While the median price per square foot remained steady at $165 compared to last year, the data reveals how land value interacts with home value in this market. The trend line indicates that as lot sizes increase, the total transaction price rises, though the premium per acre varies by property condition and location within the city. In September, 13.6% more homes sold for higher prices compared to the same month last year, even as sales volume dropped 46.7%. The median days on market extended significantly to 92 days, suggesting buyers have more time to evaluate lot features before making an offer. This data-driven approach helps distinguish between paying for a larger footprint versus paying for a larger home structure. ALEX Intelligence estimates the price impact of lot size based on this regression fit to the local sales data. These figures are estimates and not appraisals. For context, the median contract-to-close time was not available for this specific cohort, but the overall market activity reflects a shift toward evaluating land value alongside home specifications. The sample size of 16 closed sales provides a snapshot of current buyer preferences regarding lot dimensions in Lockhart. 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