Austin Homes under $500,000

Austin Homes under $500,000

Welcome to Austin, Texas – a vibrant city that effortlessly blends a rich cultural heritage with modern innovation. Known as the “Live Music Capital of the World,” Austin boasts a thriving arts scene, eclectic festivals, and a culinary landscape that has something for everyone. Nestled in the heart of the Texas Hill Country, this dynamic city is renowned for its picturesque parks, scenic lakes, and a mild climate that invites outdoor enthusiasts year-round.

For those seeking to call Austin home without breaking the bank, the good news is that there are charming homes available for under $500,000. Whether you’re a first-time buyer, a growing family, or looking to invest, Austin’s diverse neighborhoods offer a range of options to suit your lifestyle. From cozy bungalows in historic districts to modern townhomes in up-and-coming areas, you can find a place that feels just right.

Imagine sipping coffee on your front porch in the friendly community of East Austin, or enjoying the vibrant nightlife just a stone’s throw away from your new home in South Congress. With excellent schools, bustling job opportunities, and a strong sense of community, Austin is more than just a place to live; it’s a place to thrive.

Don’t miss your chance to explore the homes available in this exciting city. With a budget of $500,000, you can find a beautiful residence that fits your needs while enjoying all the unique experiences Austin has to offer. Discover your dream home in Austin today and become a part of this incredible community!

Newest Austin Homes under $500,000

no property photo
$385,000
1 Beds ⋅ 1 Baths ⋅ 1546072 MLS ⋅ 78702 Zip Code
If you've been looking for a place that puts you right in the middle of East Austin, this is it. Located on East 7th Street, this modern 1-bedroom, 1-bath condo delivers the kind of walkable, urban lifestyle that makes this neighborhood one of Austin's most sought-after spots. Coffee shops, restaurants, cocktail bars, live music, and neighborhood favorites are all part of the everyday experience here, with downtown Austin, the Rainey Street District, and the East 6th Street scene just minutes away. Inside, an open-concept layout keeps things bright and functional, with wood flooring, oversized windows, and a sleek kitchen featuring dark cabinetry, quartz countertops, stainless steel appliances, and an island with room to gather. The living area opens to a private balcony overlooking the neighborhood, giving you a little outdoor space to enjoy the energy of East Austin. The bedroom offers a walk-in closet, while the bathroom goes beyond what you'd expect in a one-bedroom condo with dual sinks, a separate soaking tub, and a spacious glass-enclosed shower. Step outside and you're surrounded by some of Austin's best local spots, including Suerte, Lazarus Brewing, Whisler's, and the restaurants and nightlife along East 6th and East 7th. Lady Bird Lake, the hike-and-bike trail, and downtown are all close by, making it easy to trade your car keys for a walk or bike ride. Modern interiors, a private balcony, and an address that puts the best of East Austin at your doorstep. This is city living done right.

1615 E 7th St Unit 202, Austin
no property photo
$459,900
3 Beds ⋅ 3 Baths ⋅ 4959794 MLS ⋅ 78745 Zip Code
Modern Eco-Luxury in South Austin – 3BR/2.5BA Sustainable Haven with Contemporary Custom Finishes Welcome to this stunning, modern sanctuary tucked away in North Bluff, one of South Austin’s premier sustainable communities. This exceptional 3-bedroom, 2.5-bathroom home perfectly blends cutting-edge green infrastructure with a chic, custom-tailored interior. Step inside to the ground floor and be greeted by gorgeous, sleek polished concrete floors that offer an ultra-durable, low-maintenance, and modern aesthetic. The open-concept living space flows seamlessly into a bright kitchen featuring custom painted kitchen cabinets that elevate the space. Upstairs, the thoughtfully designed layout offers three spacious bedrooms and two pristine bathrooms. Designed with sustainability in mind, this home boasts premium eco-features including high-performance spray-foam insulation, a high-efficiency HVAC, and a solar-ready roof installation engineered to drastically lower your utility bills. Outside, drought-tolerant landscaping offers beautiful curb appeal, while your private backyard opens up to a mature, tree-lined community complete with a neighborhood dog park. Located just moments from the iconic South Congress Avenue corridor and E. William Cannon Dr., you are minutes away from Austin’s finest casual dining, local coffee shops, and live music venues. Enjoy easy weekend access to outdoor recreation, dining, and local trails. Embrace the active, eco-conscious Austin lifestyle—schedule your tour today!

801 N Bluff Dr Unit 45, Austin
no property photo
$460,000
2 Beds ⋅ 3 Baths ⋅ 9380969 MLS ⋅ 78723 Zip Code
Incredible Incentives on FINAL UNITS!!!!! Introducing Buyer's Choice: 2.99% Introductory Financing or Up to $40,000 in Flex Cash. Now selling townhomes and spacious one- and two-bedroom floorplans, each residence is crafted with high-performance, energy-efficient features including solar panels, spray-foam insulation, a tankless water heater, whole-home dehumidifier, and premium Bosch kitchen appliances. Residents enjoy access to community amenities such as a resort-style pool, walking paths, and select homes offering private yards or patios for added outdoor living. Move-in ready homes are available now. Tours are offered by appointment with our sales team.

2113 Em Franklin Ave Unit 89, Austin
no property photo
$400,000
5942809 MLS ⋅ 78744 Zip Code
Excellent investment opportunity in a prime South Austin location with this updated duplex offering two spacious units, each with 2 bedrooms and 1 full bath. Private and tranquil greenbelt that is protected from development! The property features approximately 1,664 square feet of total living space with separate entrances and a functional two story layout. Both units showcase bright, refreshed interiors with neutral finishes, abundant natural light, open living and dining spaces, updated kitchens, modern fixtures, generous bedroom space, and ample storage. Recent photos highlight stylish flooring, stainless steel appliances, contemporary lighting, and inviting kitchens with breakfast bar seating. Outside, the property offers a large covered carport, additional driveway parking, private outdoor space, and mature trees. Separate electric, gas, and water meters provide added convenience, with public water and sewer and central heating and air conditioning. Unit A is currently leased at $1,600 per month, while Unit B is vacant and available for immediate use, giving the next owner flexibility to choose the setup that works best for them. A buyer could occupy Unit B while benefiting from rental income from Unit A, or lease both units for additional income potential. Convenient access to I-35, Stassney Lane, Nuckols Crossing, Austin-Bergstrom Airport, downtown Austin, major employers, shopping, dining, and entertainment. The property is also well positioned for access to the Tesla Gigafactory and the continued growth throughout southeast Austin. This property offers a versatile opportunity for an investor or an owner occupant looking to live in one unit while generating income from the other. A portion of the property is located within a designated flood zone. The current homeowner is not required to carry flood insurance. Buyer to independently verify flood zone status, insurance requirements, and all related information.

5407 Spring Meadow Rd, Austin
no property photo
$495,000
4 Beds ⋅ 2 Baths ⋅ 6464384 MLS ⋅ 78758 Zip Code
Welcome to 11908 Bittern Hollow, ideally located in North Austin just minutes from The Domain, Q2 Stadium, and Walnut Creek Metropolitan Park! This easy to access location is close to the major throughways of Austin, as well as local amenities -- 8 minutes to Whole Foods, 6 minutes to HEB, 7 minutes to St. David's North to name a few! Inside, you'll find a single story floor plan, with soaring ceilings, fresh paint, updated hardware and fixtures, and a lovely front office to round out the 3 bedroom, 2 bathroom layout *Primary bathroom had a full remodel with beautiful Modern Organic finishes: dual vanity, walk-in shower, skylight, large format tile flooring and two closets* Secondary bathroom is updated with gentle trendy tones and materials* Kitchen cabinets freshly painted* Brand new kitchen cabinet hardware* New stainless steel gas cooktop & stainless steel range vent* Stainless steel dishwasher*New oven & built-in microwave* Brand new carpet in the bedrooms* Interior painted* Exterior repairs and paint* Freshly pressure washed flat work: front walkway, limestone pavers, and driveway, back patio and pavers* Covered back patio*Shed. Vacant and easy to tour, contact listing agent (Erin) for more information or to schedule an in person tour. Thank you!

11908 Bittern Holw, Austin
8611 United Kingdom Dr, Austin
$349,900
2 Beds ⋅ 1 Baths ⋅ 7529347 MLS ⋅ 78748 Zip Code
Charming South Austin cottage tucked beneath a canopy of mature trees in Buckingham Estates. This 2-bedroom, 1-bath home packs an incredible amount of personality into its thoughtfully laid-out 892 square feet, with vaulted ceilings, a stone fireplace, warm wood accents, and an easy flow between the living, dining, and kitchen spaces. The kitchen features granite countertops, stainless appliances, and a cozy dining nook filled with natural light. Both bedrooms feel spacious, including a vaulted primary, while the second bedroom works beautifully as a nursery, office, or guest room. For buyers who want something easy to maintain without giving up the things that make a house feel like home, this property offers a rare combination of a manageable footprint, attached garage, private yard, and plenty of room to host. The covered front porch adds to the curb appeal, while the large fenced backyard and patio create an easy extension of the living space for dinners outside, weekend grilling, or time with friends. All of this in a well-established South Austin neighborhood with quick access to Southpark Meadows, Slaughter Lane, Menchaca favorites, parks, coffee shops, and everyday essentials.

8611 United Kingdom Dr, Austin
3700 Kennedy Grace Ln, Austin
$410,000
3 Beds ⋅ 3 Baths ⋅ 8138975 MLS ⋅ 78728 Zip Code
Low taxes, no MUD, and no rear neighbors. This 3-bedroom, 2.5-bath home in Preston Village sits in Austin’s ETJ, so you pay no city tax and no MUD tax. It’s also zoned to Round Rock ISD. Inside, wood-look tile runs throughout the first floor into an open living, dining, and kitchen layout full of natural light. The designer kitchen has quartz countertops, soft gray shaker cabinetry, a white subway tile backsplash, stainless appliances, pendant lighting, and a large island with seating. A corner pantry adds storage. Upstairs, an open loft gives you extra living space for movie nights, a play area, or a home office. Out back, a covered patio with a ceiling fan overlooks a fully fenced yard with no neighbors behind you and extra space between you and the neighbor on the right. The brick front, two-car garage, and quick access to major Round Rock and North Austin corridors complete the package. Refrigerator will convey.

3700 Kennedy Grace Ln, Austin
3809 Spicewood Springs Rd Unit 241, Austin
$375,000
2 Beds ⋅ 2 Baths ⋅ 3754320 MLS ⋅ 78759 Zip Code
Be the first to enjoy this pristine, newly remodeled Northwest Hills treehouse retreat. Soaring ceilings and a second-floor wall of windows span the entire back of the unit, framing an open yet private view of live oaks and the landscaped courtyard below. Step out onto the expansive balcony deck, which overlooks the pool and its tranquil fountains. The all-new kitchen features a JennAir downdraft range, a smart Samsung French door refrigerator, and a premium microwave and dishwasher, all in stainless. The new quartz counter is expansive and includes guest seating. Wake up in the treetops in either of two large bedrooms, each with 2 or 3 bays of oversized windows. The primary suite offers a spacious walk-in closet plus a second closet. Both white-on-white bathrooms have modern fixtures and quartz counters. Two covered parking spaces are just steps from your entrance. The HOA maintains the grounds, pool, and clubhouse with sauna. You're in Austin's second downtown hub, with The Domain, Arboretum, Great Hills, Anderson Lane shopping, Whole Foods, HEB, and Costco, all just minutes away. Schedule your showing today. Homes like this don’t stay available long.

3809 Spicewood Springs Rd Unit 241, Austin
2529 Rio Grande St Unit 72, Austin
$350,000
2 Beds ⋅ 2 Baths ⋅ 9234739 MLS ⋅ 78705 Zip Code
**Prime West Campus Location with an Exceptional Parking Advantage!** Discover the perfect blend of comfort, convenience, and opportunity in this spacious, single-story condo ideally situated in the heart of West Campus! Just moments from the University of Texas, downtown Austin, and an incredible variety of dining, shopping, and entertainment options, this location puts the best of Austin right at your fingertips. Step inside to an inviting living room filled with natural light, featuring a charming wood-burning fireplace and built-in bookcases. The generously sized dining area offers plenty of room for a large table, making it ideal for entertaining. The well-appointed kitchen features sleek quartz countertops, rich wood cabinetry, stainless steel appliances, and a convenient stackable washer and dryer. Thoughtfully designed with privacy in mind, the split-bedroom floor plan features two spacious bedrooms positioned on opposite sides of the home, each with its own bathroom. The primary suite offers an expansive vanity with abundant counter space and a large walk-in closet. The secondary bedroom is equally impressive, featuring a beautiful bay window, & a generous walk-in closet. Residents also enjoy access to community amenities, including a refreshing in-ground swimming pool and covered parking. **What truly sets this property apart? FOUR reserved, covered parking spaces!** A rare and highly desirable find in West Campus, all four spaces are conveniently located in the parking garage near the unit's rear entrance, making unloading groceries a breeze. Even better, three of the four spaces are currently leased through summer 2027, offering the next owner an opportunity for additional rental income! Whether you're looking for a conveniently located residence, a home for your UT student, or an investment opportunity, this property delivers an exceptional combination of location & livability that's hard to find in West Campus!

2529 Rio Grande St Unit 72, Austin
1102 Sahara Ave, Austin
$295,000
1 Beds ⋅ 1 Baths ⋅ 8961989 MLS ⋅ 78745 Zip Code
Desirable SW Austin 78745 zip code. Well maintained home that was originally a 1/1 but owners took closet from secondary bedroom to add to primary bedroom. There are 2 bedrooms, one does not have a closet. Enclosed one car garage with French doors, ideal for an office. Huge 12' x 30' back deck with large back yard. Home is less than one block from Odom Elementary.

1102 Sahara Ave, Austin
3929 Katzman Dr, Austin
$425,000
3 Beds ⋅ 3 Baths ⋅ 3876249 MLS ⋅ 78728 Zip Code
Nestled on a quiet cul-de-sac and framed by mature trees, this classic two-story brick home offers 2,699 square feet of versatile living space in Willow Run. The thoughtfully designed floor plan features three bedrooms, two full baths plus a half bath, multiple living areas, and two dining spaces; providing plenty of room for everyday living, entertaining, or creating dedicated work and flex spaces. The inviting family room features a fireplace and opens to the home's comfortable living areas, while the kitchen offers a gas range, dishwasher, and disposal. A two-car garage and paved driveway provide convenient parking and storage. With a 7,340-square-foot lot, established landscaping, and a desirable cul-de-sac location, this home offers a wonderful opportunity to make a spacious Austin-area property your own.

3929 Katzman Dr, Austin
4805 Brook Creek Cv, Austin
$375,000
3 Beds ⋅ 3 Baths ⋅ 6182610 MLS ⋅ 78744 Zip Code
Beautiful Home in Williamson Creek — Charm, Comfort & Convenience! Nestled on a quiet cul-de-sac in Williamson Creek, this beautifully updated, move-in-ready home blends timeless charm with modern style. A welcoming wraparound covered front porch sets the tone for the inviting spaces within. Step inside to a light-filled living room that flows seamlessly into the casual dining area, with direct access to the backyard. The elegant formal dining room features a bay window and offers flexibility to serve as a stylish home office. The well-appointed galley kitchen boasts stainless steel appliances, quartz countertops, white shaker cabinetry, a porcelain farmhouse sink, and sophisticated oil-rubbed bronze hardware. The refrigerator conveys. A window above the sink overlooks the private backyard. Fresh modern updates, stylish lighting, and beautiful laminate flooring enhance the first floor. A convenient laundry room with included washer and dryer, along with a half bath featuring gorgeous tilework, completes the main level. Upstairs, the spacious primary suite features a bay window, contemporary ceiling fan, walk-in closet, and private en-suite bath with an oversized shower and vertical subway tile surround. Two additional bedrooms and a full guest bath complete the second floor. The expansive backyard, shaded by mature trees, provides a wonderful setting for outdoor entertaining and relaxation. Conveniently located near shopping, dining, and everyday essentials, with easy access to downtown Austin, the airport, outdoor recreation, and all that Austin has to offer, this charming home delivers the perfect blend of comfort, style, and location.

4805 Brook Creek Cv, Austin
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