Turtle Creek Village: Entry-Level Affordability Check

What does it cost to buy an entry-level home in Turtle Creek Village today? The median price for the 16 single-family homes that closed over the last 12 months is $308,782. This figure represents the bottom quartile of sales activity for this specific community, serving as the baseline for affordability analysis. ALEX Intelligence applied a payment-to-price affordability model using the current median price and prevailing mortgage rates to determine buyer capacity. With a 30-year fixed rate at 7.11% from the week of November 12, 2026, and a loan amount of $247,026, the principal and interest on the loan is $1,662 per month. The market has shown signs of shifting toward affordability compared to the prior period. The median close-to-original list ratio improved by 2.8%, while the share of homes selling below original list dropped by 38%. Days on market fell by 50% to just 17 days, indicating that entry-level inventory is moving quickly despite higher borrowing costs. For buyers looking at this price point, a 3-2-1 buydown could reduce the initial monthly payment to $1,195 in the first year, costing $11,388 total. This strategy lowers the effective rate to 4.11% initially, potentially easing the entry barrier for those qualifying at the current median price of $308,782. Looking to buy in Turtle Creek Village, Round Rock? Get new listings the day they hit the market. Based on 16 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