Behrens Ranch: Entry-Level Affordability Check for November

Can buyers afford the median home in Behrens Ranch today? With a median close price of $749,000 across 27 closed sales over the last 12 months, entry-level affordability faces a significant test. The current mortgage rate stands at 7.18% according to Freddie Mac data from the week of November 5, 2026. ALEX Intelligence applied a payment-to-price affordability model using a standard 20% down payment on a $749,000 home. At the current 7.18% rate, the principal and interest payment is approximately $4,059 per month. This baseline calculation assumes a fixed 30-year term and does not include taxes or insurance. The data shows that while prices have risen slightly compared to the prior period (up 0.7%), the price per square foot has decreased by 7.2% to $223.07. Homes are also taking longer to sell, with median days on market rising to 23 days, a 4.5% increase from the previous window. For buyers seeking relief, buydowns offer a potential path. A 3-2-1 buydown would cost roughly $27,708 in total fees but could lower the initial monthly payment to $2,923 in the first year. A 2-1 buydown costs about $14,076 and reduces the first-year payment to $3,283. These tools can temporarily improve cash flow for those qualifying at the current rate environment. The median home size has also grown, increasing by 6.2% to 3,531 square feet compared to the prior period. This suggests that while entry-level prices remain high, buyers are receiving more living space on average. However, the combination of price levels and interest rates continues to define the affordability landscape for new residents in this community. 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