ALEX · Alexander Tiffany Southwest, LLC – ALEX Companies

321 Angus Drive

Cedar Park, TX 78613 – Ranch At Brushy Creek
MLS # 5877261
Prepared for —
Prepared by Diane Hart Alexander
Supplement A · The ALEX Model
Version 14.489
Wednesday, October 28, 2026 · 7:12 PM CDT
Privileged & Confidential For use by ALEX Agents and Clients only. Sharing this report or its information with any third party without ALEX’s express written consent is prohibited and subjects the disclosing party to legal action. ALEX Model · Patent Pending

The ALEX Model is unique in both comparable selection and precision valuation.

Step 1 · Comparable sale selection

StageWhat it keepsSales left
1.1Closed sales in the market area that are fair evidenceBank-owned, short, auction, HUD, corporate and probate sales, fair or poor condition and flood-zone sales are excluded.49
1.2In this home's subdivision25
1.3Same school districtRemoved 3. Checked against the official district map.22
1.4Same elementary schoolChecked against the official attendance-zone map. MLS corrected: 321 Angus (MLS Patsy Sommer, map Sommer); 204 Broken Arrow (MLS Patsy Sommer, map Sommer); 305 Stiles (MLS Patsy Sommer, map Sommer); 401 Bluff View (MLS Patsy Sommer, map Sommer); 401 Bluff Point (MLS Patsy Sommer, map Sommer); 301 Raging River (MLS Patsy Sommer, map Sommer).22
1.5The same kind of homeRemoved: stories 1, sale-to-list 1.20
1.6Searched: Ranch at Brushy Creek, all phases and sectionsThis home's subdivision only, sales back to August 2022 when needed.16
1.7Within 25% of this home's size, sold in the last 11 months6
1.8Close enough on seven measures of similarity5
1.8.1Measure of similarity – Living area (log scale) · counts in 2.11 Similarity
1.8.2Measure of similarity – Year built · counts in 2.11 Similarity
1.8.3Measure of similarity – Lot size (log scale) · counts in 2.11 Similarity
1.8.4Measure of similarity – Distance from this home (miles) · counts in 2.10 Proximity
1.8.5Measure of similarity – Months since the sale · counts in 2.12 Recency
1.8.6Measure of similarity – Bedrooms · counts in 2.11 Similarity
1.8.7Measure of similarity – Bathrooms · counts in 2.11 Similarity
1.9Comparable sales used5

Step 2 · Valuation

204 Broken Arrow, the sale that counts most, stage by stage. Every sale goes through the same stages; each one’s figures are in Detailed comparable sale valuations.

StageWhat it doesChangeValue
2.1Closed priceWhat the sale closed for, as recorded in the MLS$1,015,000
2.2Buyer closing costs paid by sellerThe sale price less the buyer’s closing costs the seller paid, as recorded in the MLS−$2,000$1,013,000
2.3Buyer required repairs paid by sellerLess the repairs the seller paid at the buyer’s request, as recorded in the MLSnone$1,013,000
2.4Time adjustmentBrought to today with ALEX’s index−$32,355$980,645
2.5ALEX Model ChangesEach difference from this home — bathrooms, garage, lot size, view, age and the rest — priced at what ABOR closed sales in the same price range show the market pays+$38,060$1,018,705
2.6ALEX Agent ChangesAny ALEX line the agent revised, at the agent’s figurenone$1,018,705
2.7Additional Agent ChangesAny line the agent addednone$1,018,705
2.8SF adjustmentThe adjusted price per SF times this home’s SF−$84,515$934,190
2.9Size correctionLarger homes sell for less per SF, as measured on the market+$44,135$978,325
Value from this sale$978,325
2.10ProximityDistance from this home; how closely this sale matches, 100% = identical100% match
2.11SimilaritySize, year built, lot, beds, baths; how closely this sale matches, 100% = identical85% match
2.12RecencyMonths since the sale; how closely this sale matches, 100% = identical94% match
2.13WeightHow much this sale counts in the ALEX Model valuation. Sales most like the home count for more, whether ALEX or the agent selected them27.9%

How the two models differ

Standard Arithmetic Model
$271.15 × 3,714 SF = $1,007,050
Unweighted
#1204 Broken Arrow Dr20.0%$930,793
#2305 Stiles Cv20.0%$970,218
#3401 Bluff View Rd20.0%$1,044,350
#4401 Bluff Point Bnd20.0%$928,500
#5301 Raging River Rd20.0%$1,161,389
ALEX Model
Range of weighted values of five sales = $978,325 – $1,230,520
Weighted
#1204 Broken Arrow Dr27.9%$978,325
#2305 Stiles Cv26.7%$1,079,046
#3401 Bluff View Rd17.4%$1,045,142
#4401 Bluff Point Bnd14.2%$1,077,796
#5301 Raging River Rd13.9%$1,230,520

Two models, the same sales

LowestAverageMedianHighest
ALEX Model$978,325$1,065,936$1,077,796$1,230,520
Standard Arithmetic Model$928,500$1,007,050$970,218$1,161,389

The Standard Arithmetic Model is each sale’s price per SF times this home’s 3,714 SF, every sale counted equally, nothing adjusted. The ALEX Model nets out seller concessions, brings each sale to today, adjusts it for every measured difference, corrects for size and weights it by how closely it matches. Here the ALEX Model is $58,886 (5.8%) higher.

How accurate it is

Sales it was tested on19,621
Typical error (median)8.2%
Average error11.5%
Confidence in this valuationMedium (67/100)

Each sale was valued as if unknown, from sales before it, in a test held out after 03/30/26; the error is the gap to what it actually sold for.

Bringing each sale to today

SaleSoldMarket sinceAdjustment
204 Broken Arrow06/26-4.2%−$32,355
305 Stiles08/26-1.8%−$7,661
401 Bluff View10/26+0.0%—
401 Bluff Point12/25-2.0%−$11,085
301 Raging River03/26-3.2%−$31,475

ALEX’s index, blended toward the Austin area where county sales are thin: built from homes that sold more than once, so a change in what sold does not read as a change in prices.

Other estimates of this home

SourceEstimatevs ALEX
ALEX valuation$1,065,936—
Zillow Zestimate$1,141,000+7.0%
HouseCanary$1,173,566+10.1%
WCAD market value, 2026$957,600-10.2%

Automated estimates use public records and broad statistics; they do not see this home’s comparable sales or their concessions. A county value is set for taxes as of January 1.

This is a comparable-sales opinion of value. It is not a certified appraisal and not a mortgage or lending document. Sale prices are net of seller-paid closing costs and buyer-requested repairs, adjusted to today with ALEX’s index. Sale and listing data: ABOR MLS via secure APIs, as of October 28, 2026, 7:00 PM CDT. Tax values: the county appraisal district where available. ALEX Companies · Licensed by the Texas Real Estate Commission · Broker: Alexander Tiffany Southwest, LLC, #565194-BB · Diane Hart Alexander, Designated Broker, #574877-B.