Caldwell County: Where Prices Were Cut Most in September

Deal of the Week

119 Pine ST, Luling TX 78648
This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 119 Pine ST, Luling TX 78648 · MLS #6710720 Listed at $74,900, 2 bed, 1 bath, 1,113 sq ft. Listed 22% below the ALEX valuation; 56% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187054012/119-Pine-ST-Luling-TX 2. 3919 Wishing Well DR, Lockhart TX 78644 · MLS #9135333 Listed at $399,900, 4 bed, 3 bath, 2,527 sq ft. Listed 9% below the ALEX valuation; 13% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185875063/3919-Wishing-Well-DR-Lockhart-TX 3. 311 Melody RD, Lockhart TX 78644 · MLS #6741674 Listed at $389,900, 3 bed, 2 bath, 2,251 sq ft. Listed 8% below the ALEX valuation; 5% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182515570/311-Melody-RD-Lockhart-TX 4. 111 Starlight PATH, Red Rock TX 78662 · MLS #9698595 Listed at $499,900, 4 bed, 3.5 bath, 2,687 sq ft. Listed 12% below the ALEX valuation; 34% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180730057/111-Starlight-PATH-Red-Rock-TX 5. 316 Foxfire CV, Lockhart TX 78644 · MLS #4908404 Listed at $424,900, 4 bed, 3 bath, 2,513 sq ft. Listed 7% below the ALEX valuation; 7% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183302254/316-Foxfire-CV-Lockhart-TX
In September, nearly three out of every four homes sold in Caldwell County for less than the seller originally asked. ALEX Intelligence analyzed 30 closed sales to find that 76.7% of transactions ended below the initial list price. This represents a notable shift from August, when 88.1% of homes sold under list, and is lower than the 84.2% recorded in September 2025. The median sale price for these properties was $260,745, down 1.0% from the prior month and 15.0% below the same period last year. While the market remains active with a median of 46 days on market, the frequency of price reductions has decreased slightly compared to the previous month. Sellers are still adjusting expectations, but the intensity of cuts appears to be moderating as inventory levels stabilize. The data shows that while price reductions are common, they are not universal. In subdivisions like Cotton Gateway and Sunset Oaks, a significant portion of sales occurred below list, whereas other areas saw fewer reductions. This variation suggests that local supply dynamics and specific property conditions continue to drive negotiation outcomes. Buyers in this market have leverage to negotiate, but the window for deep discounts may be narrowing as sellers adjust their strategies based on current demand. 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 Partner, 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
Source data: Unlock MLS closed sales, September 2026, n=30
Cover photo: Lockhart State Park, Caldwell County by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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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