Lakeside at Tessera: How List Prices Compare to Final Sales

In Lakeside at Tessera, the gap between asking and selling prices has narrowed significantly over the past half-year. ALEX Intelligence analyzed 18 closed sales to determine how closely final prices matched original list prices. The median close-to-original list ratio stood at 92.2%, meaning homes sold for an average of 7.8% less than their initial asking price. This figure represents a notable shift from the prior six-month period, when the ratio was just 82%. While the current market still sees most sales below the original list price, the trend indicates that sellers are receiving offers closer to their initial expectations compared to earlier in the year. The median sale price for these properties settled at $415,000, down from $449,950 in the previous window. The data also shows that 83.3% of homes sold below their original list price during this period, a slight improvement over the 95.7% seen previously. This suggests that while price reductions remain common, the market is stabilizing as buyers and sellers find more alignment on value. The median price per square foot remained steady at $176, indicating that the reduction in overall prices was driven by lower sale-to-list ratios rather than a drop in unit value. These figures are based on 18 closed transactions over the rolling six-month period ending September 30, 2026. The analysis reflects actual market outcomes for this specific community within the Unlock MLS system. 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