Easton Park Entry-Level Homes: Affordability Check

Deal of the Week

7915 Mellencamp DR, Austin TX 78744
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 $444,000 7915 Mellencamp DR, Austin TX 78744 · MLS #8835353 Listed at $300,000, 2 bed, 2 bath, 1,437 sq ft. Listed 3% below the ALEX valuation; 6% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182524351/7915-Mellencamp-DR-Austin-TX Lower-middle quartile: $444,000 to $537,000 8515 Dongan DR, Austin TX 78744 · MLS #4688304 Listed at $489,990, 4 bed, 3 bath, 2,231 sq ft. Listed 1% below the ALEX valuation; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1170708286/8515-Dongan-DR-Austin-TX Upper-middle quartile: $537,000 to $601,000 8609 Chalgrin PL, Austin TX 78744 · MLS #7792087 Listed at $569,900, 5 bed, 4 bath, 2,670 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 4% under the local price per sq ft; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186191061/8609-Chalgrin-PL-Austin-TX Upper quartile: $601,000 and up 8508 Ambergill CT, Austin TX 78744 · MLS #1835203 Listed at $689,506, 4 bed, 3 bath, 2,819 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 6% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1177265227/8508-Ambergill-CT-Austin-TX

Key figures · Easton Park · October 2026

Source: Unlock MLS, October 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.

Market figures by town

What does it take to buy an entry-level home in Easton Park when the median price sits at $546,943 and mortgage rates are 7.18%? ALEX Intelligence analyzed the bottom quartile of sales to determine affordability for buyers entering this market. In October 2026, 23 single-family homes closed with a median price of $546,943. This figure represents the entry-level threshold for the community based on the current data distribution. At a 7.18% interest rate on a 30-year fixed loan with 20% down, the principal and interest payment on this median price is $2,964 per month. Affordability shifts significantly when buydowns are factored in. A standard 3-2-1 buydown would cost approximately $20,232 upfront (3.7% of the price) but could lower the first-year payment to $2,135, saving $829 monthly compared to the base rate. A 2-1 buydown offers a total cost of $10,284 (1.88% of the price), reducing the first-year payment to $2,397. The market shows that while prices have dipped 4.2% from September, the median living area has shrunk by 7.2% compared to the prior period, suggesting entry-level inventory may be shifting toward smaller footprints. With 23 closed sales in October, the data provides a robust view of current affordability constraints for first-time buyers in this master-planned community. ALEX Intelligence estimate, not an appraisal. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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
TREC Information About Brokerage Services · TREC Consumer Protection Notice
Source data: Unlock MLS closed sales, October 2026, n=23
Cover photo: Easton Park Austin Texas Construction 11 July 2016 by Straley, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
View this home on alex.realestateDownload the PDFDownload the videoSchedule a showing
Slide 1Slide 2Slide 3Slide 4Slide 5Slide 6Slide 7Slide 8Slide 9Slide 10Slide 11
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