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IncentiveNewly tracked

$292,990

Price observed on D.R. Horton

195 Lake Diversion St

  • Bedrooms: 5 bd
  • Bathrooms: 2.5 ba
  • Size: 1,892 sqft
  • Garage: 2-car garage

Builder incentive available

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View on D.R. Horton
Prairie Lakes by D.R. Horton — photograph published by the builder
Builder image. May be a rendering or another home built to this plan.

Why this home stands out

  • $9/sqft below the community median$155/sqft for this home vs $164/sqft across the community
  • Builder incentive available
  • 10 price cuts in this community in the last 30 days
  • 26 homes available in this community0 ready now

Observed records, not appraisals or recommendations.

Price history

Asking prices as observed on D.R. Horton’s site, dated by observation.

Dwellmark first observed this home at $292,990 on . D.R. Horton still publishes it at $292,990, with no price change recorded since.

  1. First tracked
    $292,990
Tracked since · 0 daysNo net change

Each row is an asking price Dwellmark observed on D.R. Horton’s site on that date. History begins when Dwellmark first observed this home; the first price shown may not be the builder’s original list price, and a price cut is the difference between two observed asking prices.

Builder incentive

Published by the builder. Terms and eligibility are under Details.

Builder incentive

Limited Time Opportunity

Advertised rate: 2.99% (5.879% APR).

  • Applies to: Applies across Prairie Lakes
Published by builderConditions apply
Details

Rate buydown. Found on the builder’s public site without full terms. Conditions apply, and the offer may not reach this home. Seen on builder site Sep 9, 2026. Rate offers depend on the builder’s lender, loan program and your qualification; nothing here says you would qualify.

Limited time opportunity Special Interest Rate on certain D.R. Horton homes. 2/1 Buydown Program1 On certain D.R. Horton homes that contract on or after 07/10/26 in select communities in Texas and close on or before 09/30/26. This is your opportunity to save with our special interest rate combined with a temporary buydown. Here's how it works: D.R. Horton will provide $6,497.01 in incentive funds to reduce the monthly payments for a period of time. After the money to fund the buydown plan has been exhausted, buyer will be responsible for the full monthly payments based off the full note rate of 4.99%. Special Program Cost - To receive this offer, borrower is REQUIRED to pay a 0.375% discount point. Discount points may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller’s cost. Maximum contribution limits will apply. Here's how it works! 2.99% (5.879% APR) Fixed Rate FHA Mortgage Interest rate For Year 1 3.99% (5.879% APR) Fixed Rate FHA Mortgage Interest rate For Year 2 4.99% (5.879% APR) Fixed Rate FHA Mortgage Interest rate For Year 3 - 30 3.5% down payment required. Based on a FHA 30-year fixed-rate mortgage with a sales price of $315,960, a loan amount of $310,237, an up-front mortgage insurance premium of 1.75%, and a monthly payment of $2,435. APR based on note rate above for years 3-30. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs. Property eligibility requirements apply. Funds for the temporary interest rate buydown will be offered as seller incentives as disclosed in the sales contract. Buyer will have the option of using said incentive to pay closing costs OR to fund the temporary buydown cost of $6,497.01. Contact us for more information DHI Mortgage 10700 Pecan Park Blvd., Suite 120 Austin, TX 78750 512-502-0545 main dhimortgage.com D.R. Horton drhorton.com Jotform ID: click Interested in learning more? Please fill out the form below. * * * I am a Real Estate Agent Prospective Buyer Real Estate Agent and Prospective Buyer * I am moving in As soon as possible 3 to 6 months 6 months to a year * * SUBMIT By making this submission, you agree that D.R. Horton and its affiliates may process the personal information you have provided as stated in our Privacy Policy. ⚠ Please fill out required fields! Thank you, ! Your submission has been received. We will be in touch with you shortly. Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #38686. 10700 Pecan Park Blvd., Suite 120, Austin, TX 78750. Company NMLS# 14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit www.dhimortgage.com/affiliate. All terms and conditions subject to credit approval, market conditions and availability. 1 The seller incentive amount and temporary buydown cost will vary based on the specific property and community, and will be disclosed in the sales contract/addendum. Please contact your Mortgage Loan Originator for additional information. D.R. Horton has locked-in, through DHIM, a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. INTEREST RATE OFFERED APPLIES ONLY TO the D.R. Horton family of brand properties purchased as borrower s principal residence. Not all borrowers will qualify for said rate. Rate is not applicable for all credit profiles and may require borrower to pay points to obtain the advertised rate. Buyer is not required to finance through DHIM to purchase a home; however, buyer must use DHIM to receive the advertised rate and buydown incentive. Additional closing costs will apply. May not be able to be combined with other available D.R. Horton offers or discounts. Property restrictions apply. Photos are representational only. Equal Housing Opportunity. APR = Annual Percentage Rate. HOA = Homeowner’s Association. FHA = Federal Housing Administration. VA = U.S. Department of Veterans Affairs. USDA = U.S. Department of Agriculture. REV: 07/10/26 | Expires on the close by date listed above.

View the builder’s terms
Incentive history · 1
  1. Offer appeared

    No figure published

    Limited Time Opportunity · Rate buydown · this community

    Builder’s page

Dated from when Dwellmark observed each change.

About this home

The The Franklin plan and specifications
2-carGround floorUpper floor20 ft

Specification

Plan
The Franklin
Total area
1,892 sqft
Bedrooms
5
Bathrooms
2.5
Storeys
2
Garage
2 car

Drawn by dwellmark.house from D.R. Horton’s published area, storeys and garage bays, not copied from their floor plan. The outline, the 10ft × 20ft bay and the split between floors are ours.

See the plan on D.R. Horton

Prairie Lakes

Buda, TX · D.R. Horton

View community
Available now
26of 35 offered here
Ready now
0
Price cuts, 30 days
10
Median asking
$302,160$164/sqft · this home $155/sqft

Other homes in Prairie Lakes

Sorted by asking price. No winner is selected.

  1. 138 Childress St

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,434 sqft
    • Move-in: Available

    $251,990

    Down $13k

  2. 177 Childress St

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,434 sqft
    • Move-in: Available

    $261,990

    Down $3k

  3. 1083 Phantom Hill Blvd

    • Bedrooms: 3 bd
    • Bathrooms: 2.5 ba
    • Size: 1,565 sqft
    • Move-in: Available

    $261,990

  4. 187 Lake Diversion St

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,434 sqft
    • Move-in: Available

    $264,990

  5. 250 Bardwell Way

    • Bedrooms: 4 bd
    • Bathrooms: 3 ba
    • Size: 1,641 sqft
    • Move-in: Available

    $270,990

All 7 homes in Prairie Lakes
Recent activity in Prairie Lakes
  1. Removed from builder site

    Lot 17 · The Caden

    This home — photograph published by the builder

    Lot 17 · The Caden

    • Community: Prairie Lakes
    • Builder: D.R. Horton
    • City: Buda
    • Status: Available

    $319,880

    Last observed

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,595 sqft

    No longer on the builder site

  2. First seen on builder site$292,990

    Lot 4 · The Franklin

    This home — photograph published by the builder

    Lot 4 · The Franklin

    • Community: Prairie Lakes
    • Builder: D.R. Horton
    • City: Buda
    • Status: Available

    $292,990

    Current asking

    • Bedrooms: 5 bd
    • Bathrooms: 2.5 ba
    • Size: 1,892 sqft
    View home
  3. Removed from builder site

    Lot 7 · The Gaven

    This home — photograph published by the builder

    Lot 7 · The Gaven

    • Community: Prairie Lakes
    • Builder: D.R. Horton
    • City: Buda
    • Status: Available

    $324,490

    Last observed

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,778 sqft

    No longer on the builder site

  4. Removed from builder site

    Lot 1 · The Davis

    This home — photograph published by the builder

    Lot 1 · The Davis

    • Community: Prairie Lakes
    • Builder: D.R. Horton
    • City: Buda
    • Status: Available

    $282,990

    Last observed

    • Bedrooms: 3 bd
    • Bathrooms: 2.5 ba
    • Size: 1,470 sqft

    No longer on the builder site

  5. Price cut$386,660 → $381,660

    Lot 51 · The Fairfield

    This home — photograph published by the builder

    Lot 51 · The Fairfield

    • Community: Prairie Lakes
    • Builder: D.R. Horton
    • City: Buda
    • Status: Available

    $381,660

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 3 ba
    • Size: 2,168 sqft
    View home

Source and tracking

Builder page last read

Dwellmark reads D.R. Horton’s public site and records what it publishes, with the date of each observation. It receives no feed from the builder and is not paid by them. The builder’s page is authoritative for price, availability and offer terms. How tracking works