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Lee County: Most Price Cuts in Two Weeks
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-26
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 $201,000
1242 Main Ave, Lincoln TX 78948 · MLS #7787058
Listed at $199,000, 3 bed, 2 bath, 1,216 sq ft. Listed 15% below the ALEX valuation; 34% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1191039902/1242-Main-Ave-Lincoln-TX
Lower-middle quartile: $201,000 to $330,000
3210 County Rd 226, Giddings TX 78942 · MLS #9900864
Listed at $298,000, 3 bed, 2 bath, 2,470 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 28% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184624528/3210-County-Rd-226-Giddings-TX
Upper-middle quartile: $330,000 to $441,000
162 Buffalo Ridge RD, Giddings TX 78942 · MLS #1491956
Listed at $399,900, 3 bed, 2.5 bath, 1,907 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 2% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1180970232/162-Buffalo-Ridge-RD-Giddings-TX
Upper quartile: $441,000 and up
1047 Private Road 3022, Elgin TX 78621 · MLS #3627635
Listed at $450,000, 3 bed, 2 bath, 1,318 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 3% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179095866/1047-Private-Road-3022-Elgin-TX
Key figures · Lee County · rolling 6 months ending Sep 30, 2026
- 48 homes sold in Lee County in the 6 months ending Sep 30, 2026 (up 23.1% on a year earlier).
- Median sale price: $347,000 (up 0.6% on a year earlier).
- Median price per square foot: $180.
- Median days on market: 54.
- Median sale price as a share of the original list price: 93.4%.
- 53 homes for sale now, about 6.6 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Seven homes for sale in Lee County reduced their prices between October 13 and October 26, 2026. This represents 13.2% of the 53 active listings currently on the market. The median reduction was $15,000, or 3.8% of the price before the cut. One seller lowered their asking price by 14.3%, the largest reduction in this two-week window.
ALEX Intelligence analyzed the latest listing activity to track these adjustments. A price cut often signals that a home has been on the market longer than expected or that the initial list price was set above current buyer demand. In Lee County, where the median list price for these reduced homes is $429,000, sellers are adjusting to a market where 13.2% of active inventory required a price correction in just two weeks.
The data shows that price reductions are a normal part of the cycle, occurring even when overall inventory levels remain steady. Buyers looking in Lee County may find more negotiation room on these specific properties compared to those listed at their original price. The market continues to balance as sellers respond to current conditions rather than past peaks.
Price just reduced:
808 W Boundary ST, Giddings, TX · MLS #3865393
Cut Oct 17 from $69,999 to $60,000, 14.3% lower. 2 bed, 2 bath, 816 sq ft. Listed by Ranch House Real Estate, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186726450/808-W-Boundary-ST-Giddings-TX
1250 Fm 112, Lexington, TX · MLS #3679463
Cut Oct 14 from $269,000 to $245,000, 8.9% lower. 2 bed, 2 bath, 1,368 sq ft. Listed by Brokers Real Estate.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183160206/1250-Fm-112-Lexington-TX
1170 Private Road 3241, Lincoln, TX · MLS #9135003
Cut Oct 21 from $749,000 to $699,500, 6.6% lower. 3 bed, 2 bath, 1,612 sq ft. Listed by Cornerstone Partners Realty.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187979290/1170-Private-Road-3241-Lincoln-TX
204 N Rockdale ST, Lexington, TX · MLS #6113419
Cut Oct 19 from $182,000 to $175,000, 3.8% lower. 3 bed, 2 bath, 1,953 sq ft. Listed by Schultz Texas Properties, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184514925/204-N-Rockdale-ST-Lexington-TX
1047 Private Road 3022, Elgin, TX · MLS #3627635
Cut Oct 22 from $465,000 to $450,000, 3.2% lower. 3 bed, 2 bath, 1,318 sq ft. Listed by Sterling & Associates R.E.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179095866/1047-Private-Road-3022-Elgin-TX
351 Firework LN, Giddings, TX · MLS #9182096
Cut Oct 22 from $440,000 to $429,000, 2.5% lower. 4 bed, 2 bath, 1,940 sq ft. Listed by Cedar Frame, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187473321/351-Firework-LN-Giddings-TX
1102 Private Road 2332, Giddings, TX · MLS #8113908
Cut Oct 20 from $714,900 to $699,900, 2.1% lower. 5 bed, 3.5 bath, 4,467 sq ft. Listed by Keller Williams Realty.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183355942/1102-Private-Road-2332-Giddings-TX
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
Source data: Unlock MLS listing activity, Oct 13 to Oct 26, 2026, n=7 price cuts
Cover photo: Lake Somerville State Park, Lee County by William L. Farr, 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










