Cash vs. Financed Purchases in Block House Creek

In Block House Creek, every single home sold over the past year was purchased with financing. The data shows zero cash transactions among the 48 closed sales in the rolling 12-month period ending September 30, 2026. This absence of cash buyers indicates that local demand is driven entirely by mortgage-backed purchases. ALEX Intelligence analyzed the financing mix to determine the share of cash versus financed deals. While a cash share metric typically highlights buyer liquidity, the sample size here reflects a market where all transactions required loan approval. The median close price for these financed sales was $342,750, with buyers paying an average of 95.3% of their original list price. With no cash purchases to compare against, the market dynamics rely on standard financing terms. Current mortgage rates stand at 7.32%, according to the Freddie Mac Primary Mortgage Market Survey for the week of October 22, 2026. For a median-priced home, a buyer with 20% down would face a principal and interest payment of $1,884 per month before any buydowns are applied. The lack of cash sales suggests that affordability and financing availability are the primary constraints for buyers in this community. Without a cash segment to stabilize prices or accelerate closings, the market remains sensitive to interest rate fluctuations and lender approval timelines. This financing-only environment defines the current purchasing landscape for Block House Creek. 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