Belterra: Mortgage Rates and Buying Power in November

Deal of the Week

Deal of the Week · 281 Kensington LN, Austin TX 78737 · MLS #3541731 · Listed by Simms Frontier Real Estate. ALEX valuation $518,000 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 $567,000 281 Kensington LN, Austin TX 78737 · MLS #3541731 Listed at $529,900, 4 bed, 2.5 bath, 2,400 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/1186975589/281-Kensington-LN-Austin-TX Lower-middle quartile: $567,000 to $670,000 266 Village Oak DR, Austin TX 78737 · MLS #6614371 Listed at $615,000, 4 bed, 3 bath, 2,601 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187697650/266-Village-Oak-DR-Austin-TX Upper-middle quartile: $670,000 to $799,000 953 Catalina LN, Austin TX 78737 · MLS #3510399 Listed at $795,000, 4 bed, 3.5 bath, 3,604 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/1190613487/953-Catalina-LN-Austin-TX Upper quartile: $799,000 and up 366 Mirafield LN, Austin TX 78737 · MLS #7241975 Listed at $875,000, 4 bed, 3 bath, 2,975 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184694694/366-Mirafield-LN-Austin-TX

Key figures · Belterra · rolling 6 months ending Oct 31, 2026

56 homes sold in Belterra in the 6 months ending Oct 31, 2026 (up 14.3% on a year earlier).

Median net sale price: $690,650 (down 4.7% on a year earlier).

Median price per square foot: $236.

Median days on market: 18.

Median sale price as a share of the original list price: 97.8%.

12 homes for sale now, about 1.3 months of supply at the pace of the last six months.

Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

What does a 7.11% mortgage rate mean for buyers in Belterra right now? With the median closed price at $690,650 across 56 sales in the rolling six months ending October 31, 2026, monthly payments are sensitive to interest rate shifts. A standard 30-year fixed loan with 20% down on this median price results in a principal and interest payment of $3,717 per month at the current rate. ALEX Intelligence modeled two common buydown scenarios to show how these costs affect affordability. A 3-2-1 buydown reduces the rate to 4.11% in year one, saving $1,044 monthly, but requires a total upfront cost of $25,476, or about 3.69% of the sale price. A 2-1 buydown offers a smaller reduction to 5.11% in year one for a total cost of $12,948, or 1.87% of the price. These figures are estimates based on median data and do not constitute an appraisal. While rates remain elevated compared to historical norms, the market shows resilience with median days on market dropping to 18 days, down 25% from the prior six-month period. Buyers weighing a buydown must balance immediate cash flow relief against the upfront cost relative to their long-term holding plans. Mortgage rate data sourced from Freddie Mac Primary Mortgage Market Survey, 30-year fixed, week of November 12, 2026 (FRED MORTGAGE30US). 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

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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