Lago Vista Entry-Level Homes: Can You Afford One?

Deal of the Week

Deal of the Week · 3204 Mount Vernon Ave, Lago Vista TX 78645 · MLS #7834492 · Listed by eXp Realty, LLC. ALEX valuation $321,000 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 $340,000 3204 Mount Vernon Ave, Lago Vista TX 78645 · MLS #7834492 Listed at $319,000, 4 bed, 2 bath, 1,786 sq ft. Listed 1% below the ALEX valuation; 13% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1190585751/3204-Mount-Vernon-Ave-Lago-Vista-TX Lower-middle quartile: $340,000 to $415,000 5501 Hitching Post, Lago Vista TX 78645 · MLS #3784618 Listed at $360,000, 3 bed, 2 bath, 2,009 sq ft. Listed 4% below the ALEX valuation; 13% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188447615/5501-Hitching-Post-Lago-Vista-TX Upper-middle quartile: $415,000 to $599,000 20202 Lincoln CV, Lago Vista TX 78645 · MLS #2022882 Listed at $430,000, 3 bed, 2.5 bath, 2,089 sq ft. Listed 3% below the ALEX valuation; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187634820/20202-Lincoln-CV-Lago-Vista-TX Upper quartile: $599,000 and up 17501 Navigation LN, Lago Vista TX 78645 · MLS #8813270 Listed at $1,100,000, 4 bed, 3.5 bath, 4,531 sq ft. Listed 8% below the ALEX valuation; price reduced 21% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180733268/17501-Navigation-LN-Lago-Vista-TX

Key figures · Lago Vista · October 2026

31 homes sold in Lago Vista in October 2026 (up 3.3% on a year earlier).

Median sale price: $380,000 (up 2.2% on a year earlier).

Median price per square foot: $201.

Median days on market: 64.

Median sale price as a share of the original list price: 94.9%.

193 homes for sale now, about 6.9 months of supply at the pace of the last six months.

Source: Unlock MLS, October 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Can buyers afford the bottom quartile of Lago Vista homes right now? With a median entry-level price of $380,000 and current mortgage rates at 7.18%, monthly payments are significantly higher than in previous years. ALEX Intelligence analyzed the bottom price quartile of 31 closed sales in October to determine affordability. The median sale price for these homes was $380,000. Based on a loan amount of $304,000 at a 7.18% rate, the principal and interest payment is $2,059 per month. Buyers can reduce this burden with buydowns. A standard 3-2-1 buydown costs approximately $14,040 (3.69% of the price) but lowers the first-year rate to 4.18%, saving $576 monthly. A 2-1 buydown costs about $7,128 (1.88% of the price) and reduces the first-year rate to 5.18%, saving $393 monthly. While prices have risen 2.2% compared to last October, the market remains active with 31 closed sales in the month. However, the median days on market for these entry-level homes is 64 days, suggesting buyers still have time to negotiate or wait for incentives. ALEX Intelligence estimate, not an appraisal. 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

TREC Information About Brokerage Services · TREC Consumer Protection Notice