| George Arnold Alexander III, MPA |
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Lakeside at Tessera: How List Prices Compare to Sells
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 $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%.
- 28 homes for sale now, about 9.3 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.
How much of the asking price do buyers actually pay in Lakeside at Tessera? Over the rolling six months ending September 30, 2026, homes sold for a median of $415,000, which represents 92.2% of their original list prices across 18 closed sales.
ALEX Intelligence analyzed the relationship between original listing prices and final sale prices to determine the list-to-sale ratio. This metric reveals how closely sellers' expectations align with market reality. In this community, the median close-to-original list ratio improved by 12.4% compared to the prior six-month period, rising from 82.0% to 92.2%.
Despite this improvement in pricing alignment, the market remains soft relative to historical norms. The median sale price of $415,000 is down 7.8% from the prior six months and 17.9% lower than the same period last year when the median was roughly $506,000. Additionally, 83.3% of homes sold below their original list price, a figure that has decreased by 13.0 percentage points compared to the previous period but remains higher than the 69.7% seen a year ago.
The median days on market for these sales was 140 days, which is 21.7% longer than the same window last year. While buyers are negotiating closer to list prices now, the extended time required to close deals suggests continued caution in this specific community segment.
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










