Milam County Entry-Level Homes: Affordability Check

Deal of the Week

Deal of the Week · 619 W Bell Ave, Rockdale TX 76567 · MLS #4670925 · Listed by Austin Rock City Realty. ALEX valuation $169,000 is an ALEX Intelligence estimate, not an appraisal.

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 619 W Bell Ave, Rockdale TX 76567 · MLS #4670925 Listed at $144,000, 4 bed, 4 bath, 1,985 sq ft. Listed 15% below the ALEX valuation; 52% under the local price per sq ft; price reduced 3% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182524449/619-W-Bell-Ave-Rockdale-TX 2. 209 County Road 310, Rockdale TX 76567 · MLS #5907853 Listed at $209,000, 3 bed, 1 bath, 1,418 sq ft. Listed 6% below the ALEX valuation; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1173858462/209-County-Road-310-Rockdale-TX 3. 1104 E Umlang ST, Thorndale TX 76577 · MLS #9994321 Listed at $195,500, 3 bed, 1 bath, 1,176 sq ft. Listed 5% below the ALEX valuation; 5% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1160710436/1104-E-Umlang-ST-Thorndale-TX 4. 113 Mullins DR, Rockdale TX 76567 · MLS #5872472 Listed at $194,440, 3 bed, 2 bath, 1,434 sq ft. Listed 8% below the ALEX valuation; 10% under the local price per sq ft; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing?q=113+Mullins+DR%2C+Rockdale%2C+TX 5. 405 Perry PL, Rockdale TX 76567 · MLS #3901627 Listed at $220,000, 4 bed, 2 bath, 1,604 sq ft. Listed 5% below the ALEX valuation; 9% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182521284/405-Perry-PL-Rockdale-TX

What does it cost to buy an entry-level home in Milam County today? The median price for the bottom quartile of sales is $245,000 across 83 closed transactions over the last six months. With current mortgage rates at 7.4% according to Freddie Mac, ALEX Intelligence calculated the monthly payment impact for a typical buyer putting 20% down. For a median-priced entry home, the principal and interest payment is approximately $1,357 per month. This figure represents the baseline affordability for buyers entering the market in this tier. The data shows that while prices have dipped slightly compared to the prior six-month period, the higher interest rate environment remains a key factor in monthly costs. Buyers should also consider financing incentives. A 3-2-1 buydown on this median price would cost roughly $9,156 upfront, lowering the initial payment to about $981 in the first year. Alternatively, a 2-1 buydown would cost $4,644, reducing the first-year payment to $1,101. These tools can temporarily improve cash flow for those qualifying at the current rate level. The median home size for these entry-level transactions is 1,612 square feet. While the market has seen a slight contraction in average home size compared to the prior period, the price per square foot remains competitive at $155. This analysis relies on actual closed sales data and current financing terms to provide a realistic view of entry-level purchasing power. 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