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Do new-build sales set the price for your Lexington Parke home in Del Valle?

Quick answer

In the three months ending October 15, 2026, all 7 homes that sold in Lexington Parke, in Del Valle, were new builds, too few sales to read on their own. The twelve months read as a buyer’s market for Lexington Parke overall, at 90.3% of original asking, and a price point changes which market a home is in. In my read, new-build sales are the evidence a buyer has for pricing any home there, so they set your price unless your home can show a condition the new builds do not.

What we analyzed

Sources: Unlock MLS, pulled October 16, 2026.

46 Del Valle homeowners have trusted my real estate team to sell their home, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes. That includes 3 in Lexington Parke.

Already have a rough idea of your price range? Skip down to see whether these numbers fit your home, or plug in your address for a closer look.

Every number on this page covers Lexington Parke only. What the Del Valle market as a whole means for a seller is on Is the Del Valle housing market balanced, or are builders driving it?

Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.

What have homes in Lexington Parke sold for lately?

Seven homes closed in Lexington Parke over the last three months at a typical price of $324,990, or $209 a square foot. That is too few to call a trend, so where I read direction below I use the twelve months and say so.

Over the twelve months, 36 homes closed at $191 a square foot. The table below sets Lexington Parke beside Del Valle as a whole for both periods.

Table 1. Lexington Parke beside Del Valle as a whole, 90 days and twelve months ending October 15, 2026. Source: Unlock MLS.

MeasureLexington Parke, 90 daysDel Valle, 90 daysLexington Parke, twelve monthsDel Valle, twelve months
Homes sold74736245
Median sale price$324,990$324,000$338,165$320,000
Median days on market91 days95 days79 days68 days
Share of original asking price95.6%96.1%90.3%96.0%
Price per square foot (median)$209$180$191$174

On price per square foot, Lexington Parke ran above Del Valle in both periods. On the share of original asking it ran just under the town over the last three months and well under it over the twelve months. The chart below shows the price per square foot for each period. How Del Valle as a whole reads, builders included, is on Is the Del Valle housing market balanced, or are builders driving it?

What a square foot sold for in Lexington Parke Median price per square foot of homes that sold, periods ending October 15, 2026. Del Valle shown for comparison. Lexington Parke, 90 days $209 Lexington Parke, twelve months $191 Lexington Parke, prior twelve months $203 Del Valle, twelve months $174 Source: Unlock MLS, pulled October 16, 2026.
Figure 1. Median price per square foot of homes that sold: Lexington Parke, 90 days $209; Lexington Parke, twelve months $191; Lexington Parke, prior twelve months $203; Del Valle, twelve months $174. Periods end October 15, 2026; the prior twelve months end one year earlier. Source: Unlock MLS, pulled October 16, 2026.

Are Lexington Parke home prices lower than a year ago?

Prices per square foot are lower on the twelve-month figures: $191 over the last twelve months against $203 over the twelve months before.

The median sale price was $338,165 over the past twelve months, against $339,990 in the twelve months before, a small difference.

Buyers also paid less of the first asking price, 90.3% of original asking over the twelve months against 93.4% over the twelve months before.

The last three months add no direction I would rely on. Seven homes closed, against 13 in the same three months a year earlier, and with counts that low one or two sales can move any figure.

How fast do homes in Lexington Parke go under contract?

Homes in Lexington Parke needed a median 91 days to reach a contract over the last three months, against 95 days for Del Valle as a whole.

The twelve-month figure is 79 days, with 45 days the year before. The table below shows how those seven sales spread across days to contract.

Table 2. How long the 7 homes that sold in Lexington Parke took to go under contract, cumulative days on market to contract, 90 days ending October 15, 2026. Source: Unlock MLS.

Days on marketHomes sold
30 days or less1
31 to 60 days1
61 to 90 days1
More than 90 days4

Whether a slow listing is a market problem or a price problem is on Is Del Valle’s slow pace the market, or the price on the sign?

Who else is selling in Lexington Parke right now, and have they cut their prices?

Most homes for sale in Lexington Parke are already priced below where they started: 83.3% of them, against 58.9% across the Austin metro.

Builder listings are 66.7% of the homes for sale, and Meritage Homes is the only builder name on the MLS record for them. The rest are resales, and the four resale listings ask less than the builder listings, which ask a typical $351,970. These are asking prices, and I do not set them beside what homes sold for.

The sales side is narrower still. All seven homes that sold in the last three months were built in 2025 or later, and none were resales. In my read, a resale owner here is compared with Meritage Homes inventory and with new-build sales, and how a resale stands out in that comparison is on How can your Del Valle resale stand out next to a new Taylor Morrison home?

Months of inventory, which counts how long it would take to sell everything listed at the recent pace, is 5.1 in Lexington Parke against 6.0 for the Austin metro, which looks ordinary on supply alone. The price record says more: over the twelve months, homes closed under 94% of original asking, a buyer’s market for Lexington Parke overall. I give the three months no reading of their own, because seven sales is under the ten I need.

Do any Lexington Parke price ranges have sales behind them?

No price range in Lexington Parke reached 10 sales in the last three months, so I read every range on the twelve months and name that basis each time.

The one range with homes for sale and no sales in the twelve months is $250,000 to $299,999. Its three listings are all resales by the MLS count, and all three have cut their price.

The range with the most homes for sale is $350,000 to $399,999, where most of the homes have cut too, and that range did have sales to read, as the list below shows.

Does this Lexington Parke reading apply to my home?

The reading is for Lexington Parke overall, and your home decides how well it fits. Run your address to see where yours sits.

Your situation

A buyer looking at a Lexington Parke home sees Meritage Homes listings and new-build sales beside it. Your price is judged against that pair before it is judged against the house next door.

For your home, then: what would a buyer touring Lexington Parke put beside it, and what does it show that those homes do not?

Before You Put Your Home on the Market, See the Homes You’ll Have to Beat

If you worry your home will be priced off new-build sales that do not look like it, start by seeing which Lexington Parke sales sit closest to yours. Request my complimentary Home Competitor Analysis for your address. You get:

Step 1 of 4

No obligation. The report for Lexington Parke arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 46 homes sold by Watters International Realty in Del Valle (Unlock MLS, all time).

About Watters International Realty in Del Valle

Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 46 homes sold by Watters International Realty in Del Valle (Unlock MLS, all time).

See the homes you’d be competing against

You get the nearest sales and listings in Lexington Parke, what they show about pace and pricing, and a walkthrough before any pricing talk.

Step 1 of 4

No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.

More for Del Valle sellers

Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.