Summerlyn Mortgage Rates and Buying Power in November

Deal of the Week

161 Mallard LN, Leander TX 78641
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 $311,000 161 Mallard LN, Leander TX 78641 · MLS #3002627 Listed at $239,999, 3 bed, 2 bath, 1,192 sq ft. Listed 1% below the ALEX valuation; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189521347/161-Mallard-LN-Leander-TX Lower-middle quartile: $311,000 to $340,000 172 Housefinch LOOP, Leander TX 78641 · MLS #4828291 Listed at $320,000, 4 bed, 2.5 bath, 2,221 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 26% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188217887/172-Housefinch-LOOP-Leander-TX Upper-middle quartile: $340,000 to $370,000 153 Marcheeta WAY, Leander TX 78641 · MLS #8908195 Listed at $365,000, 4 bed, 2.5 bath, 2,494 sq ft. Listed 2% below the ALEX valuation; 25% under the local price per sq ft; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1190219182/153-Marcheeta-WAY-Leander-TX Upper quartile: $370,000 and up 188 Green Egret WAY, Leander TX 78641 · MLS #8469767 Listed at $374,000, 5 bed, 3 bath, 2,757 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 30% under the local price per sq ft; price reduced 2% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1190442071/188-Green-Egret-WAY-Leander-TX

Key figures · Summerlyn · rolling 6 months ending Oct 31, 2026

Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

Market figures by town

How much does a mortgage rate change cost a buyer in Summerlyn? With the median home price at $326,000 and current rates at 7.18%, financing terms directly impact monthly affordability. ALEX Intelligence calculated payment scenarios to show how buydowns alter cash flow for buyers in this Leander community. In the rolling six months ending October 31, 2026, 31 single-family homes closed with a median price of $326,000. At a 7.18% interest rate with 20% down, the principal and interest payment on a median-priced home is $1,767 per month. This figure serves as the baseline for evaluating financing incentives. Buyers can reduce their initial payments using temporary buydowns. A 3-2-1 buydown lowers the rate to 4.18% in year one, saving $495 monthly, then 5.18% in year two, and 6.18% in year three. The total cost for this structure is $12,072, or 3.7% of the median sale price. A shorter 2-1 buydown costs $6,132 (1.88% of price) and reduces the rate to 5.18% in year one and 6.18% in year two. These calculations assume a standard 30-year fixed loan and do not include taxes or insurance. The data reflects median values across 31 closed sales, providing a snapshot of current buying power dynamics in Summerlyn. 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
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
Source data: Unlock MLS closed sales, rolling 6 months ending Oct 31, 2026; Freddie Mac Primary Mortgage Market Survey, week of Nov 5, 2026
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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