Teravista Cash vs. Financed Purchases in the Last Six Months

In the master-planned community of Teravista, every single home sold in the past six months was purchased with financing. The data shows zero cash transactions among the 64 closed sales recorded between April and September 2026. This absence of all-cash deals suggests that buyers in this price tier are relying entirely on mortgage products to acquire property. ALEX Intelligence analyzed the closing records for the rolling six-month window ending September 30, 2026. The median close price was $465,750 across these 64 transactions. While the community saw a robust 8.3% increase in median prices compared to the prior six-month period, the financing landscape remained uniform with no cash purchases recorded. The lack of cash buyers may reflect the specific entry price point for Teravista or current market conditions where leverage is necessary for most participants. With a median days on market of 30 and a close-to-original list ratio of 97%, the market remains active, yet the funding source for these deals is exclusively debt-financed. This trend contrasts with broader regional patterns where cash buyers often appear in varying proportions. For Teravista specifically, the data indicates that buyers are utilizing mortgage financing to secure homes valued around $465,750 during this period. 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