Austin Homes under $500,000

Austin Homes under $500,000

Welcome to Austin, Texas—a vibrant city known for its eclectic culture, live music scene, and stunning natural beauty. Nestled in the heart of the Lone Star State, Austin is not just the state capital; it's a thriving hub for innovation, creativity, and outdoor adventure. With its unique blend of urban sophistication and Texas charm, Austin attracts residents from all walks of life, making it a truly diverse and dynamic place to call home.

For those seeking to establish roots in this lively city without breaking the bank, there are numerous homes available under $500,000. Whether you’re a first-time homebuyer, a young professional, or looking to downsize, Austin offers a range of options that cater to various lifestyles and preferences. From charming bungalows in historic neighborhoods to modern condos with breathtaking views, the real estate market here is as diverse as its residents.

Imagine waking up to the sounds of live music and the aroma of delicious Tex-Mex wafting through your neighborhood. Enjoy weekends exploring the scenic trails around Lady Bird Lake, or immerse yourself in the vibrant arts scene that Austin is renowned for. With an array of parks, eateries, and cultural landmarks, living in Austin means you’re never far from adventure.

Don’t miss the opportunity to discover your dream home in this captivating city. With homes under $500,000, you can experience all that Austin has to offer while investing in a bright future. Embrace the Austin lifestyle, where every day feels like a celebration!

Newest Austin Homes under $500,000

1101 Milford Way Unit 1, Austin
$370,000
3 Beds ⋅ 2 Baths ⋅ 2333061 MLS
**A 2.8% INTEREST RATE WITH 2026 PRICES?!** Yes, you read that right! Get the best of both worlds: a COVID-era interest rate with today's reduced home prices through a potential loan assumption! Situated on a desirable corner lot in a quiet neighborhood, this charming home features a HUGE fenced front yard, soaring vaulted ceilings, beautifully renovated bathrooms, smooth ceilings with all popcorn texture removed, and a grand wood-burning fireplace that anchors the living space. NO SHARED WALLS, NO HOA FEES, NO ASSOCIATION MANAGEMENT, AND NO COMMON INSURANCE POLICY! Loan assumption subject to lender approval and buyer qualification. See attached condominium documents, survey, and Seller's Disclosure for additional details. Buyer to independently verify all information.

1101 Milford Way Unit 1, Austin

Listing courtesy of Devora Realty. Contact: (860) 942-6706
2124 Burton Dr Unit 263, Austin
$139,900
2 Beds ⋅ 2 Baths ⋅ 1375654 MLS
This 2 bedroom, 2 bathroom condo is within a few miles to all amenities and features an open concept living room, dining room and kitchen. The primary bedroom has its own full bathroom while there is another full bathroom in the hallway. The unit is upstairs and is ready for its new owner!

2124 Burton Dr Unit 263, Austin

Listing courtesy of Tara Williams. Contact: (254) 953-0295
2215 Post Rd Unit 2055, Austin
$340,000
2 Beds ⋅ 2 Baths ⋅ 6538733 MLS
This beautifully updated 2-bedroom, 2-bath condo pairs modern finishes with an unbeatable South Austin location. Travis Oaks is a gated community with controlled access, security cameras, a pool, a dog park, a grilling area, an EV charging station, and recent HOA improvements, including the roof, siding, gutters, and exterior paint. The monthly HOA fee covers water, trash, insurance, structural maintenance, landscaping, and common area upkeep, keeping ownership simple. An in-unit washer and dryer off the kitchen add everyday convenience, and Google Fiber is available. Two parking spaces (one covered) plus a dedicated storage space offer more room than most condos in this price range. Step outside the living room or the primary bedroom to one of two private, covered rear porches overlooking the park and pool, ideal for morning coffee or evening wind-down. Explore Austin outside the gate and you are in the heart of 78704: South Congress dining, shopping, and live music; the SoCo H-E-B is within walking distance; a public transit stop is just steps from the entry gate; Downtown, Lady Bird Lake, St. Edward's University, and Austin-Bergstrom are all minutes away. Zoned to Travis Heights Elementary, Lively Middle School, and Travis High School. Significant investment and development throughout the surrounding area add to the long-term appreciation potential of this already highly desirable location.

2215 Post Rd Unit 2055, Austin

Listing courtesy of The Damron Group REALTORS. Contact: (512) 392-7653
11905 Buckingham Rd, Austin
$451,500
3 Beds ⋅ 2 Baths ⋅ 8146657 MLS
Rare Opportunity to Create a Like-New Home in an Established Northwest Austin Neighborhood! Bring your vision to life at 11905 Buckingham Road! This unique opportunity offers buyers the chance to purchase a home in shell condition, with the interior professionally demolished to the studs, City of Austin-approved plans, and active building permits already in place. With the demolition complete and plans approved, buyers have a valuable head start toward creating a beautifully customized, brand-new interior. Work with a builder to select your own finishes and create a home tailored to your personal style and preferences. The thoughtfully designed floor plan includes a versatile room that can serve as a fourth bedroom, home office, or flex space. Enjoy the best of both worlds—the appeal of a virtually new home within an established neighborhood featuring mature trees, spacious lots, and a welcoming residential setting. The exceptionally large backyard offers endless possibilities for outdoor living, entertaining, a pool, gardens, or simply enjoying the privacy and open space that can be difficult to find in newer developments. Ideally situated in desirable Northwest Austin, with access to highly regarded schools and convenient proximity to The Domain, Apple's Austin campus, major employers, shopping, dining, and entertainment. An exceptional opportunity to create a personalized, like-new home with approved plans, active permits, completed interior demolition, a flexible floor plan, an expansive yard, and the enduring appeal of an established Austin neighborhood. Buyer and buyer's agent are responsible for independently verifying all information, including but not limited to square footage, lot size, property condition, schools, approved plans, permit status, building requirements, and feasibility of proposed improvements, to their complete satisfaction.

11905 Buckingham Rd, Austin

Listing courtesy of Coldwell Banker Realty. Contact: (512) 328-8200
6715 Windrift Way Way Unit 27, Austin
$349,000
3 Beds ⋅ 3 Baths ⋅ 1643851 MLS
Nestled in a free standing condo community this lovely home might be just perfect for you. Gated, great large trees and a terrific location west of I35 and mere minutes to Mopac and downtown. Fresh paint thru-out. Hardwood floors downstairs. Full size washer and dryer and the refrigerator convey to the buyer. Two full baths upstairs and a powder room off the family room downstairs. HOA maintains the exterior and new landscaping is planned for front yard. No disappointments here! Come see!

6715 Windrift Way Way Unit 27, Austin

Listing courtesy of McDaniel Properties. Contact: (512) 394-9835
2018 W Rundberg Ln Unit 19A, Austin
$150,000
2 Beds ⋅ 2 Baths ⋅ 1612725 MLS
Welcome to easy Austin living just minutes from The Domain and Q2 Stadium! This stylish 2-bedroom, 1.5-bath corner townhome combines a fantastic N. Austin location with a private yard, gated community, & low-maintenance lifestyle. This home feels bright and inviting thanks to its corner location & abundant natural light. The main level features updated vinyl flooring, a cozy fireplace, & an open flow between the living, dining, & kitchen areas that's equally comfortable for a quiet night in or entertaining friends. The kitchen features quartz countertops, freshly painted cabinetry, a recent dishwasher and sink, while the updated powder room adds a fresh finishing touch. Upstairs, both spacious bedrooms are tucked away from the main living area for added privacy. Other recent improvements include replaced toilets, window screens, a sliding glass patio door (built in blinds), & water heater. Refrigerator, washer & dryer convey, making this one truly move-in ready. Step through the sliding backdoor into your own private fenced yard and patio—one of the largest yards in the community. When you don't feel like staying home, head to the community pool, clubhouse, or gym. The HOA handles exterior maintenance, yard maintenance, pest control, and maintenance of the community pool and fitness facilities. Catch an Austin FC match at Q2 Stadium, shop and dine at The Domain, hit the trails at Walnut Creek Metropolitan Park, or make a quick run to H-E-B, Whole Foods, Costco, or Trader Joe's. Restaurants, breweries, coffee shops, and entertainment are all nearby, while quick access to MoPac, US-183, I-35, and SH-45 makes getting around Austin easy. Apple, Dell, IBM, The Arboretum, and other major North Austin employers are also within easy reach. **Gated community. Corner unit. Private yard. Pool and gym. Minutes from The Domain and Q2.** This isn't just a convenient place to live—it's a pretty great way to do Austin.

2018 W Rundberg Ln Unit 19A, Austin

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 575-3644
1406 Camelot Cir Unit 1, Austin
$449,000
3 Beds ⋅ 2 Baths ⋅ 2426892 MLS
Welcome home to this charming, fully renovated one-story gem at 1406 Camelot Cir #1, tucked away on a quiet cul-de-sac in one of South Austin’s most desirable neighborhoods (78745). Completely updated in 2022 with thoughtful modern finishes while highlighting its fresh appeal, this light-filled 3-bedroom, 2-bath home offers an open, inviting layout that feels warm and effortless from the moment you step inside. The heart of the home is a the kitchen featuring high-end updates that seamlessly flow into the spacious living and dining areas—ideal for casual family dinners, entertaining friends, or relaxed evenings at home. Natural light pours in throughout, highlighting the fresh, contemporary touches and creating a bright, airy atmosphere. The spacious primary suite serves as a peaceful retreat, complete with a beautifully updated en-suite bathroom perfect for unwinding. Two additional bedrooms provide flexibility for guests, a home office, or whatever your lifestyle demands. Step outside to your private backyard, offering plenty of room to grill, garden, entertain, or simply enjoy the peaceful surroundings under mature trees. This prime South Austin location puts you less than 10 minutes from Downtown Austin, South Lamar, South First, Barton Springs, and an abundance of top-rated restaurants, coffee shops, parks, and local favorites. Enjoy city convenience while returning to a serene, established neighborhood feel. Thoughtfully renovated, filled with natural light, and perfectly situated, this home delivers the ideal blend of modern style, comfort, personality, and unbeatable location. Speaking of location! This is a fantastic area for families or rentals servicing ACL, SXSW and F1. The single story home has tons of room and so does the sprawling backyard with room for an additional accessory dwelling. Don’t miss this opportunity to make it yours.

1406 Camelot Cir Unit 1, Austin

Listing courtesy of Chriss Brokerage LLC. Contact: john@chrissbrokerage.com
13100 Alans Way, Austin
$469,999
3 Beds ⋅ 3 Baths ⋅ 6281245 MLS
Welcome to South Austin Hill Country living in the highly sought-after Hills of Bear Creek with an easy commute to Downtown Austin! This well-maintained 4 BD/2.5 BA home features a desirable floor plan with a private main-level owner’s suite downstairs. Highlights include a cozy enclosed back porch and a spacious, meticulously landscaped and manicured yard offering total rear privacy with no back neighbors. Bonus flex space includes a large storage building—ideal for a she-shed, man cave, studio, or workshop! Resort-style community amenities feature a Jr. Olympic pool, recreation center, and scenic hike/bike trails.

13100 Alans Way, Austin

Listing courtesy of NEXTHOME MODERN. Contact: (512) 444-6683
2308 Montague St, Austin
$363,600
3 Beds ⋅ 3 Baths ⋅ 4553623 MLS
Welcome to 2308 Montague Street, a beautifully refreshed condominium in Austin's desirable East Riverside area. This move-in-ready home features 3 bedrooms, 2.5 baths, 1,898 sq. ft. of living space, spacious living areas, high ceilings, and an attached 2-car garage. Recent improvements include fresh interior paint, refreshed trim, doors, baseboards and woodwork, new carpet, upgraded LED recessed lighting, five new smoke detectors, epoxy-finished garage floor, a new stained backyard deck. Conveniently located near Downtown Austin, Lady Bird Lake, South Congress, major employment centers, and Austin-Bergstrom International Airport. This property offers a combination of comfortable living space, and convenient access to one of Austin's growing areas.

2308 Montague St, Austin

Listing courtesy of Aubrey Franklin, Broker. Contact: (512) 507-6560
4809 Eastdale Dr, Austin
$240,000
3 Beds ⋅ 1 Baths ⋅ 9408571 MLS
Opportunity in one of East Austin's Premier established neighborhood! This 3-bedroom, 1-bath home offers 956 square feet of living space on a spacious 9,186-square-foot lot with room to expand. Ready for a complete renno or demolish and start with a clean state! The property is conveniently located near Downtown Austin and UT Austin, with access to major employment centers, dining, retail, and recreation.

4809 Eastdale Dr, Austin

Listing courtesy of Aubrey Franklin, Broker. Contact: (512) 507-6560
6105 Conti Ct Unit A, Austin
$200,000
2 Beds ⋅ 3 Baths ⋅ 7634140 MLS
Renovated and updated interior, a spacious fenced backyard and a cul-de-sac setting distinguish this two-bedroom, two-and-a-half-bath condo apart. The two-level layout keeps living and dining downstairs, with both generous sized bedrooms upstairs for ideal separation from the main gathering spaces. The living room centers around a fireplace, with wood-look vinyl flooring, recessed lighting and a bright open connection to the kitchen and dining area. White cabinetry, quartz countertops, a subway tile backsplash and stainless-steel appliances give the kitchen a clean, cohesive finish. A breakfast bar opens to the living room, while the adjacent dining area looks out to the backyard. Two full bathrooms upstairs and a main-level powder bath make the layout practical for everyday living and hosting. Outside, the rear deck steps down to a private oversized fenced yard backing to a greenbelt, offering space to garden, gather or enjoy time outdoors. A covered front porch adds a welcoming entry. All this plus 20 minutes to downtown and easy access to schools, shopping and dining. *Some photos virtually enhanced

6105 Conti Ct Unit A, Austin

Listing courtesy of Berkshire Hathaway TX Realty. Contact: (512) 306-1001
204 E 30th St Unit 102, Austin
$200,000
1 Beds ⋅ 1 Baths ⋅ 7116092 MLS
Rare Opportunity! remodeled first floor unit at the 30th Street Condos ~ UT Campus just steps away

204 E 30th St Unit 102, Austin

Listing courtesy of All City Real Estate Ltd. Co. Contact: (512) 567-1672
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