| George Arnold Alexander III, MPA |
| Partner, ALEX Companies |
| Associate Broker, Alexander Tiffany Southwest, LLC |
| Licensed Broker in TX, CO, NC, AL |
| [email protected] · +1 713.918.9951 |
| TREC Information About Brokerage Services · TREC Consumer Protection Notice |
Palmera Ridge Cash vs. Financed Purchases in October
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-07
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $616,000
2017 Palmera Ridge Blvd 2017 Palmera Ridge Blvd BLVD, Leander TX 78641 · MLS #9197885
Listed at $529,000, 5 bed, 2.5 bath, 2,500 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 5% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185018726/2017-Palmera-Ridge-Blvd-2017-Palmera-Ridge-Blvd-BLVD-Leander-TX
Lower-middle quartile: $616,000 to $760,000
620 Altea DR, Leander TX 78641 · MLS #1807471
Listed at $624,990, 4 bed, 4 bath, 3,129 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 11% under the local price per sq ft; price reduced 7% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188992195/620-Altea-DR-Leander-TX
Upper-middle quartile: $760,000 to $875,000
2304 Belen DR, Leander TX 78641 · MLS #3152340
Listed at $775,000, 4 bed, 4.5 bath, 3,457 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 3% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188937557/2304-Belen-DR-Leander-TX
Upper quartile: $875,000 and up
1317 Jolie Rose BND, Leander TX 78641 · MLS #3599279
Listed at $974,900, 5 bed, 4.5 bath, 4,199 sq ft. Listed 4% below the ALEX valuation; price reduced 19% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182994000/1317-Jolie-Rose-BND-Leander-TX
Key figures · Palmera Ridge · rolling 6 months ending Oct 31, 2026
- 26 homes sold in Palmera Ridge in the 6 months ending Oct 31, 2026 (up 13.0% on a year earlier).
- Median sale price: $730,000 (up 8.1% on a year earlier).
- Median price per square foot: $218.
- Median days on market: 95.
- Median sale price as a share of the original list price: 93.8%.
- 32 homes for sale now, about 7.4 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
In Palmera Ridge, cash buyers accounted for zero percent of the 26 homes that closed over the rolling six-month period ending October 31, 2026. This figure represents a complete reliance on financed purchases among the local transactions recorded in this window.
ALEX Intelligence analyzed the financing types at close to determine the share of sales paid entirely in cash versus those requiring mortgage funding. The data shows that every single closed sale in this timeframe involved a loan, with no cash-only transactions reported in the sample of 26 homes.
This absence of cash purchases suggests that buyers in this price tier are primarily utilizing financing options rather than liquid assets to acquire property. With a median close price of $730,000 and a current mortgage rate of 7.18%, the reliance on borrowed capital remains total for this specific community during this period.
The sample size of 26 closed sales provides a clear view of buyer behavior in Palmera Ridge, indicating that financing is the exclusive method of purchase for recent transactions in this market segment.
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
Source data: Unlock MLS, rolling 6 months ending Oct 31, 2026, n=26
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










