Mortgage Rates and Buying Power in Madsen Ranch

What does a 7.11% mortgage rate mean for buyers in Madsen Ranch? With the median sale price at $372,500 across 13 closed sales, a loan amount of $298,000 results in a principal and interest payment of $2,005 per month. ALEX Intelligence calculated the cost of buying down that rate to improve affordability. A 3-2-1 buydown costs $13,740 total, or 3.69% of the home price, reducing the first-year payment to $1,442. A 2-1 buydown costs $6,984, or 1.87% of the price, lowering the first-year payment to $1,620. These figures are based on a $298,000 loan amount and represent estimates, not appraisals. The local market shows 13 closed sales in the trailing 12 months with a median days on market of 44. The median close-to-original list ratio stands at 0.982, indicating homes sold for an average of 98.2% of their original list price. Cash buyers accounted for zero percent of these transactions. While the median price per square foot is $180.86, the limited sample size means these figures represent a snapshot rather than a broad trend. Buyers should weigh the upfront cost of buydowns against long-term interest savings in this rate environment. Looking to buy in Madsen Ranch, Round Rock? Get new listings the day they hit the market. Based on 13 closed sales in the 12 months ending Oct 31, 2026. 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