Lampasas County: Entry-Level Homes and Affordability in November

What does it cost to buy an entry-level home in Lampasas County today? The median price for the bottom quartile of sales is $312,584 across 70 closed sales in the rolling six months ending October 31, 2026. This figure represents the most affordable tier of single-family homes currently available in the market. ALEX Intelligence analyzed the current mortgage environment to determine buying power for these buyers. With a 30-year fixed rate at 7.18% as of November 5, 2026, a buyer purchasing a median entry-level home faces a principal and interest payment of $1,694 per month based on the loan amount of $250,067. This calculation uses the basis provided for buydown scenarios: a median sale price of $312,584 with a down payment resulting in that specific loan amount. The market has shown resilience in this segment. The median close-to-original list ratio for these homes is 94.9%, indicating that buyers are negotiating effectively, with 88.6% of sales closing below the original asking price. Compared to the prior six-month period, entry-level prices have risen 10.8%, while the time it takes to sell has decreased by 5.1%. For those considering a buydown to lower monthly costs, a 3-2-1 buydown on this median price would cost $11,568 upfront, reducing the first-year rate to 4.18% and saving $474 per month in principal and interest. A 2-1 buydown would cost $5,880, lowering the first-year rate to 5.18%. These tools can significantly impact affordability for entry-level buyers in a higher-rate environment. The data reflects a market where supply remains tight but pricing discipline is evident among sellers of entry-level properties. 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