| George Arnold Alexander III, MPA |
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Cash vs. Financed Purchases in The Colony
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-03
Deal of the Week

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 $370,000
216 George Neggan LN, Bastrop TX 78602 · MLS #3931307
Listed at $279,000, 4 bed, 2.5 bath, 1,912 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 24% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189841461/216-George-Neggan-LN-Bastrop-TX
Lower-middle quartile: $370,000 to $425,000
131 Ironbark BND, Bastrop TX 78602 · MLS #6275783
Listed at $407,000, 4 bed, 2 bath, 2,075 sq ft. Listed 0% below the ALEX valuation; price reduced 7% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1171876284/131-Ironbark-BND-Bastrop-TX
Upper-middle quartile: $425,000 to $538,000
120 Salado Creek TRL, Bastrop TX 78602 · MLS #8365561
Listed at $454,990, 4 bed, 3 bath, 2,331 sq ft. Listed 3% below the ALEX valuation; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183286867/120-Salado-Creek-TRL-Bastrop-TX
Upper quartile: $538,000 and up
187 Pioneer PSGE, Bastrop TX 78602 · MLS #8618654
Listed at $539,900, 3 bed, 2.5 bath, 2,503 sq ft. Listed 7% below the ALEX valuation; price reduced 16% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183132227/187-Pioneer-PSGE-Bastrop-TX
Key figures · The Colony · rolling 6 months ending Oct 31, 2026
- 98 homes sold in The Colony in the 6 months ending Oct 31, 2026 (up 25.6% on a year earlier).
- Median sale price: $439,950 (up 5.2% on a year earlier).
- Median price per square foot: $181.
- Median days on market: 64.
- Median sale price as a share of the original list price: 92.0%.
- 81 homes for sale now, about 5.0 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
The Colony market shows 98 closed sales over the last six months with a median price of $439,950, yet the specific breakdown between cash and financed buyers is not available in the current dataset. While ALEX Intelligence typically analyzes the share of cash purchases to gauge buyer leverage and affordability pressure, this page currently lacks the financing type field required for Topic 19.
Without the count of all-cash transactions versus those with mortgage financing, we cannot calculate the percentage of sales funded by liquid assets or determine how many buyers relied on traditional loans. This data gap prevents a complete picture of the payment methods driving recent activity in this Bastrop County community.
The available data does highlight that 70 of the 98 closings were new construction homes, suggesting a high volume of developer-led sales which often involve varied financing structures. However, until the financing field is populated for these transactions, the specific cash-versus-finance ratio remains unknown. Buyers and sellers should note that while price trends and days on market are visible, the composition of funding sources for this period cannot be determined from the current records.
For a complete view of buyer behavior in The Colony, future reports will include the financing breakdown once sufficient data points are recorded in the MLS system. Until then, the focus remains on price per square foot, which sits at $181, and the median days on market of 64 days.
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
Source data: Unlock MLS closed sales, rolling 6 months ending Oct 31, 2026, n=98
Cover photo: Ridgepointe Park, The Colony, TX by Kevin Payravi, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










