Lakeside at Tessera Home Sizes Shrink in Rolling Six Months

The median home size sold in Lakeside at Tessera has shrunk to 2,425 square feet over the last six months, down from 2,562 square feet in the prior period. This shift reflects a change in buyer preference or inventory mix within the community. ALEX Intelligence analyzed the living area data for all 17 closed sales to track these size trends. The median price per square foot rose slightly to $183 during this window, even as the total square footage decreased. This suggests that while homes are getting smaller on average, the price per unit of space has increased modestly compared to the previous six-month period. The data also shows a 5.3% decrease in median living area compared to the same window last year, when the median was 2,482 square feet. Over the trailing 12 months, the market has seen a consistent trend toward smaller footprints, with the current median sitting below the prior period and the year-ago figure. This contraction in home size coincides with a drop in the median closing price to $410,000, down 8.9% from the previous six months. Buyers are currently transacting in homes that are smaller than those sold in the prior half-year, while paying less overall despite the higher price per square foot. The shift may indicate a move toward more affordable entry points or a change in the types of properties coming to market. With only 17 sales recorded in this rolling window, these figures represent the current activity level for the community as it adjusts to changing conditions. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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