Brushy Creek: How Rates Affect Buying Power This Fall

What does a 7.32% mortgage rate mean for a buyer in Brushy Creek today? With the median closed sale price at $639,000 across 71 homes sold in the rolling six months ending September 30, 2026, monthly payments are significantly higher than they were a year ago. A standard purchase with a loan amount of $511,200 and a 30-year fixed loan at the current rate results in a principal-and-interest payment of $3,512 per month. ALEX Intelligence modeled two common buydown scenarios to show how these rates impact affordability. A 3-2-1 buydown reduces the interest rate to 4.32% in the first year, lowering the monthly payment to $2,536 and saving $976 each month during that period. The total cost for this buydown is $23,808, or about 3.73% of the median home price. A 2-1 buydown offers a smaller reduction in year one and saves $667 monthly, at a total cost of $12,096. These figures illustrate that while the median price has risen 13.6% compared to the prior six-month period, the higher interest rate environment requires strategic financing to maintain affordability. Buyers should weigh the upfront cost of a buydown against their long-term plans, as the savings diminish once the rate resets to the market level. The data reflects current market conditions where homes are selling faster than last year, with median days on market at 18 days compared to 35 days in the prior period. However, the high cost of borrowing remains a primary factor influencing purchasing decisions in this community. 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