Carriage Hills Entry-Level Homes: Affordability Check

What does it cost to enter the Carriage Hills market today? The median price for entry-level homes in this Cedar Park community sits at $340,000 based on the bottom quartile of sales over the last 12 months. This figure represents the threshold for buyers seeking the most affordable options within the subdivision's recent activity. ALEX Intelligence analyzed the affordability landscape using current market rates and median pricing data. With a 30-year fixed mortgage rate at 7.32% as of late October 2026, the monthly principal and interest payment on a typical entry-level home is approximately $1,998. This calculation assumes a loan amount of $290,800 based on the median sale price of $363,500 for the broader market, though entry-level buyers often pay less. The data shows that homes in this segment are selling at a median close-to-original list ratio of 95.6%, indicating that buyers generally negotiate slightly below the asking price. Over the rolling 12-month period ending September 30, 2026, there were 58 closed sales, providing a solid sample size for this analysis. The median living area for these homes is roughly 1,906 square feet. While the entry-level price point remains accessible, the current interest rate environment significantly influences total monthly costs compared to previous years. Buyers should consider that a 3-2-1 buydown could reduce the initial payment by hundreds of dollars in the first year, though it adds roughly $13,548 to the closing costs. This snapshot reflects the current state of affordability for those looking to purchase in Carriage Hills. 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