Blackhawk Entry-Level Homes: Affordability Check

What does it take to buy an entry-level home in Blackhawk today? The bottom quartile of the market shows a median price of $530,000 across 81 closed sales over the last six months. With current mortgage rates at 7.32% according to Freddie Mac, affordability depends heavily on how buyers structure their financing. ALEX Intelligence analyzed the payment impact for a typical entry-level purchase with a 20% down payment. At the median price of $541,000, the principal and interest payment is $2,973 per month. A 3-2-1 buydown could lower that initial payment to $2,147 in year one, saving $826 monthly, though it costs $20,136 upfront. Alternatively, a 2-1 buydown offers a first-year payment of $2,409 for a cost of $10,224. The market has seen 27 new construction closings in this window, suggesting active development is contributing to the entry-level inventory. While the median price per square foot sits at $191, the total entry-level threshold remains a key metric for buyers navigating higher interest costs. This data reflects the current reality for those seeking homes below the top 25% of prices in Blackhawk. 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