Rough Hollow Entry-Level Homes: Affordability Check

What does it take to buy an entry-level home in Rough Hollow today? For buyers looking at the bottom quartile of the market, the median price for a single-family home is $722,500 based on 43 closed sales over the last six months. This figure represents the most affordable tier available in this Rolling Hill Country community. ALEX Intelligence analyzed the bottom price quartile to determine current affordability conditions. The data shows that homes in this entry-level segment are selling with a median close-to-original list ratio of 94.1%, indicating that buyers are still negotiating below the initial asking price. The median home size for these properties is 3,621 square feet, which is slightly larger than the prior period's average. With mortgage rates at 7.18% according to Freddie Mac data from November 5, 2026, monthly payments are a significant factor. A buyer purchasing an entry-level home with a 20% down payment would face a principal and interest payment of $4,931 per month before taxes or insurance. To put this in perspective, a 3-2-1 buydown could lower the first-year rate to 4.18%, reducing the monthly payment to $3,936 for that initial year at a total cost of $37,320. The market has seen a 16.5% increase in median prices compared to the prior six-month period, suggesting that entry-level inventory is tightening. However, with 48 days on market as the median, buyers still have time to evaluate options before making an offer. This analysis relies strictly on closed sales data and does not predict future price movements. 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