ShadowGlen Entry-Level Homes: Affordability Check

What does it take to buy an entry-level home in ShadowGlen right now? The bottom quartile of recent sales shows a median price of $321,900 for single-family homes. This figure represents the most affordable tier available in the community over the rolling six months ending October 31, 2026, based on 30 closed transactions. ALEX Intelligence analyzed the current mortgage environment to determine buying power at this price point. With a 7.11% interest rate from the Freddie Mac Primary Mortgage Market Survey dated November 12, 2026, and a standard 20% down payment, the principal and interest payment on a $321,900 home would be approximately $1,562 in the first year if a 3-2-1 buydown were used. Without a buydown, the monthly payment at the full rate of 7.11% would be roughly $2,171. The data also reveals that homes in this entry-level segment are selling for about $162 per square foot on average, with a median living area of 2,602 square feet. While prices have risen 17.7% compared to the prior six-month period, the number of days on market has dropped by 27.5%, indicating that affordable inventory moves quickly when available. ShadowGlen remains a competitive market for buyers seeking lower price points, with 83% of closed sales occurring below the original list price. This trend suggests that while entry-level homes are attainable, negotiation is often required to secure a deal in this tier. 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