Lariat Entry-Level Homes: Affordability Check for October

What does it cost to buy an entry-level home in Lariat today? The bottom quartile of closed sales in the rolling six-month window shows a median price of $361,990 across 15 transactions. This figure represents the most affordable tier available in the community during this period. ALEX Intelligence applied a payment-to-price affordability model using the current market rate of 7.24% from the Freddie Mac Primary Mortgage Market Survey dated October 29, 2026. Assuming a standard 20% down payment on the median entry-level price, the principal and interest payment is estimated at $2,495 per month. This calculation includes only the mortgage cost and does not account for taxes or insurance. The data also highlights the role of financing incentives in this market segment. A 3-2-1 buydown would reduce the initial rate to 4.24% for the first year, lowering the monthly payment by $696 compared to the standard rate, at a total cost of $16,980. Alternatively, a 2-1 buydown offers a one-year reduction to 5.24% for $8,628. These tools can significantly impact monthly cash flow for buyers in the entry-level bracket. While the median price for all closed sales in Lariat sits at $457,594, the entry-level segment remains distinct. The current market shows a median of 15 closed sales in this lower price tier over the last six months, providing a baseline for what buyers can expect to pay for an affordable home in this master-planned 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