Cash vs. Financed Purchases in Lakeside at Tessera

In Lakeside at Tessera, every single home sold over the past six months was financed; zero cash transactions were recorded among the 18 closed sales. This absence of cash buyers suggests that local liquidity or investment activity in this specific community is currently driven entirely by mortgage-backed purchases. ALEX Intelligence analyzed the financing mix for all 18 closings to determine the share of cash versus loan-funded deals. The data shows a 0% cash share, meaning every buyer relied on traditional financing to close their purchase during this rolling six-month window. This contrasts with broader regional trends where cash buyers often account for a distinct portion of sales volume. The median sale price for these financed homes was $415,000, with a typical home size of 2,404 square feet. While the sample size is modest compared to larger county totals, the complete lack of cash deals in this specific community highlights a unique buying pattern for Lakeside at Tessera residents during this period. Current mortgage rates stand at 7.32% according to Freddie Mac data from the week of October 22, 2026. At this rate, a buyer purchasing a median-priced home would face a principal and interest payment of $2,281 per month. For those considering buydowns, a 3-2-1 buydown would cost approximately $15,468 to reduce the initial rate, while a 2-1 buydown would cost about $7,860. The data indicates that for buyers in Lakeside at Tessera, securing financing is the primary path to ownership, with no evidence of cash-only transactions influencing the market dynamics in this specific community over the last half-year. 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