Sun City Texas: How Rates Affect Buying Power This Month

Deal of the Week

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 113 Purple Sage DR, Georgetown TX 78633 · MLS #2325260 Listed at $260,000, 2 bed, 2 bath, 1,470 sq ft. Listed 12% below the ALEX valuation; 6% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184751439/113-Purple-Sage-DR-Georgetown-TX 2. 642 Martingale ST, Georgetown TX 78633 · MLS #8276093 Listed at $550,000, 3 bed, 3 bath, 2,754 sq ft. Listed 6% below the ALEX valuation; 7% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1177008720/642-Martingale-ST-Georgetown-TX 3. 108 Granite Peak CV, Georgetown TX 78633 · MLS #8520548 Listed at $269,900, 2 bed, 2 bath, 1,397 sq ft. Listed 10% below the ALEX valuation; 5% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179325242/108-Granite-Peak-CV-Georgetown-TX 4. 211 Red Poppy TRL, Georgetown TX 78633 · MLS #6076350 Listed at $285,000, 2 bed, 2 bath, 1,568 sq ft. Listed 6% below the ALEX valuation; 4% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1174315407/211-Red-Poppy-TRL-Georgetown-TX 5. 105 Stetson CIR, Georgetown TX 78633 · MLS #1093283 Listed at $479,900, 2 bed, 2 bath, 2,295 sq ft. Listed 9% below the ALEX valuation; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183667629/105-Stetson-CIR-Georgetown-TX

What does a 7.4% mortgage rate mean for buyers in Sun City Texas right now? With the median closed price at $340,000 across 59 sales in September, the monthly principal and interest payment on a loan with the specified down payment is about $1,883. That figure comes from ALEX Intelligence applying current market rates to the median sale price for this 55+ community. A common strategy to improve affordability is a buydown, which temporarily lowers the interest rate. For a median-priced home at $340,000, a 3/2/1 buydown costs approximately $12,708 in total. This reduces the rate to 4.4% in year one, cutting the monthly payment by $521 compared to the standard rate. In year two, the rate steps up to 5.4%, saving $356 monthly, and in year three, it is 6.4%, saving $182 monthly. Alternatively, a 2/1 buydown costs about $6,456 total. This brings the rate to 5.4% for the first year, saving $356 monthly, and then to 6.4% in the second year, saving $182 monthly. These figures are ALEX Intelligence estimates based on the median sale price and current rates; they are not appraisals. The data shows that while the median price dropped 9.3% from August to September, the cost of financing remains a significant factor. Buyers should weigh the upfront buydown cost against their monthly cash flow needs. The market reflects these dynamics with 59 closed sales in September and an inventory level of 2.03 months. 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