Rough Hollow Entry-Level Homes: Affordability Check

What does it take to buy an entry-level home in Rough Hollow today? The bottom quartile of recent sales shows a median price of $685,000 across 12 transactions in the rolling six-month window. This figure represents the most affordable tier available in this lakefront community. ALEX Intelligence applied an affordability index to these figures using current market rates. With a 7.32% mortgage rate from Freddie Mac and a standard 20% down payment, the monthly principal and interest on a $685,000 home is approximately $4,716. This calculation excludes taxes and insurance but highlights the baseline cost of entry. The median price for all homes in Rough Hollow has risen to $990,000, up 21.5% from the prior six-month period. However, the entry-level segment remains distinct, with properties averaging 3,565 square feet. Buyers targeting this tier must navigate a market where 80.9% of homes sold below their original list price, indicating room for negotiation even at lower price points. The median contract-to-close time is not available in this dataset, but the median days on market for all sales stands at 44 days. This suggests that while entry-level inventory moves, it competes with higher-priced listings for buyer attention. The data reflects a market where affordability is increasingly tied to finding properties within the bottom quartile rather than the median home. This analysis uses a rolling six-month window of 47 closed sales to ensure statistical relevance for the entry-level segment. Shopping in Rough Hollow? Tell us what you want and we'll send matching homes as they list. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951