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Lakeside at Tessera Home Sizes Shrink in Recent Half-Year
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-22
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 $377,000
22108 Cross Timbers BND, Lago Vista TX 78645 · MLS #2866092
Listed at $330,000, 3 bed, 2 bath, 2,306 sq ft. Listed 28% below the ALEX valuation; 25% under the local price per sq ft; price reduced 28% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183086813/22108-Cross-Timbers-BND-Lago-Vista-TX
Lower-middle quartile: $377,000 to $435,000
8008 Prairie Rye DR, Lago Vista TX 78645 · MLS #6766017
Listed at $409,999, 3 bed, 2.5 bath, 2,496 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 21% under the local price per sq ft; price reduced 2% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182518056/8008-Prairie-Rye-DR-Lago-Vista-TX
Upper-middle quartile: $435,000 to $517,000
8505 Pine Muhly DR, Lago Vista TX 78645 · MLS #5040746
Listed at $489,950, 4 bed, 3.5 bath, 2,482 sq ft. Listed 2% below the ALEX valuation; 4% under the local price per sq ft; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183474091/8505-Pine-Muhly-DR-Lago-Vista-TX
Upper quartile: $517,000 and up
7425 Desert Needle DR, Lago Vista TX 78645 · MLS #3173097
Listed at $814,699, 5 bed, 4 bath, 4,261 sq ft. Listed 4% below the ALEX valuation; price reduced 14% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182963913/7425-Desert-Needle-DR-Lago-Vista-TX
Key figures · Lakeside at Tessera · rolling 6 months ending Sep 30, 2026
- 18 homes sold in Lakeside at Tessera in the 6 months ending Sep 30, 2026 (down 45.5% on a year earlier).
- Median sale price: $415,000 (down 17.9% on a year earlier).
- Median price per square foot: $176.
- Median days on market: 140.
- Median sale price as a share of the original list price: 92.2%.
- 26 homes for sale now, about 8.7 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.
The average home sold at Lakeside at Tessera has become smaller over the last six months. The median living area dropped to 2,404 square feet across 18 closed sales in the rolling period ending September 30, 2026. This represents a 6.6% decrease compared to the prior six-month window and a 3.1% decline year-over-year.
ALEX Intelligence analyzed the size trends of homes closing in this community to identify shifts in buyer demand or inventory availability. While the median price per square foot held steady at $176, the physical footprint of sold properties has contracted from a median of 2,575 square feet in the previous period and 2,481 square feet a year ago.
This contraction coincides with a shift in sales volume. The community saw 18 closings in the current six-month window compared to 46 in the prior six months. Despite fewer transactions, the price per square foot remained flat, suggesting that buyers are prioritizing smaller floor plans at consistent value rates rather than larger homes at higher total prices.
The median close-to-original list ratio improved to 92.2%, indicating that sellers are receiving closer to their asking prices even as home sizes decrease. This trend suggests a market where inventory composition is shifting toward more compact living spaces within the master-planned community.
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 closed sales, rolling 6 months ending Sep 30, 2026, n=18
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










