Homes Under $500K in Austin, TX

2,244 active homes under $500k in Austin, TX from $32,000 · The median list price in Austin is $529,000.

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$330,000

603 Davis ST #907, Austin TX 78701

MLS #247272874 · Kuper Sotheby's Int'l Realty · Susan Barringer

1 bd·1 ba·879 sqft

$215,000

2918 Ranch Road 620 N #C115, Austin TX 78734

MLS #247275130 · Coldwell Banker Realty · Claudia Verastegui

2 bd·1 ba·1,002 sqft

$299,900

7712 Frida BND, Austin TX 78744

MLS #247276807 · Keller Williams Realty · Tomas Corzo

3 bd·2.5 ba·1,567 sqft

$479,900

817 Sand Hill Branch DR, Austin TX 78748

MLS #247116674 · Keller Williams - Lake Travis · Gregg Klar

3 bd·2.5 ba·2,068 sqft

$414,000

707 Allende BND, Austin TX 78748

MLS #247114233 · Via Realty Group LLC · Laura De haro

3 bd·2 ba·1,833 sqft

New Construction

$389,990

9413 Corvallis DR, Austin TX 78747

MLS #247126512 · M/I Homes Realty · Patrick Easter

4 bd·2.5 ba·2,360 sqft

Quick Move-In

$185,000

8601 W Gate BLVD #2104, Austin TX 78745

MLS #247124819 · HomeBase · Laura Gutierrez

2 bd·2 ba·866 sqft

$399,000

716 Allende BND, Austin TX 78748

MLS #247114234 · Via Realty Group LLC · Laura De haro

3 bd·2 ba·1,833 sqft

$435,000

13517 Bolivia DR, Austin TX 78729

MLS #247140939 · Keller Williams Realty · Laurie Flood

3 bd·2 ba·1,657 sqft

New Construction

$344,990

9509 Corvallis DR, Austin TX 78747

MLS #247121620 · M/I Homes Realty · Patrick Easter

3 bd·2 ba·1,485 sqft

Quick Move-In

$465,000

10810 Pinehurst DR #1, Austin TX 78747

MLS #247112811 · Compass RE Texas, LLC · Kimberly Wingen

3 bd·2.5 ba·1,910 sqft

$465,000

309 Brentwood ST, Austin TX 78752

MLS #247124823 · Austin Skyline Realty, LLC · Kate Nash

3 bd·1 ba·1,296 sqft

New Construction

$374,990

7124 Fayetteville DR, Austin TX 78747

MLS #247123210 · M/I Homes Realty · Patrick Easter

4 bd·2 ba·1,732 sqft

Quick Move-In

$214,999

2500 Steck Ave #22, Austin TX 78757

MLS #247124818 · Keller Williams Realty · Gyles Sonier

2 bd·1 ba·938 sqft

$279,999

4501 Whispering Valley DR #31, Austin TX 78727

MLS #247135105 · Keller Williams Realty · Dyron Taylor

2 bd·2.5 ba·1,119 sqft

$400,000

919 E 51st ST #B, Austin TX 78751

MLS #247167425 · Riemer Residential · Pepper Walkup

2 bd·1 ba·867 sqft

$350,000

807 Blanco ST #204, Austin TX 78703

MLS #247141712 · Keller Williams Realty · Alex McCormick

1 bd·1 ba·615 sqft

$289,500

5436 Juniper Junction LN #83, Austin TX 78744

MLS #247179215 · Silberman Realty · Philip Silberman

3 bd·2.5 ba·1,479 sqft

$389,000

4708 Velasco PL, Austin TX 78749

MLS #247167411 · Central Metro Realty · Lupe Ochoa

3 bd·2.5 ba·1,495 sqft

$489,000

4709 York Hill DR, Austin TX 78723

MLS #247174421 · KW-Austin Portfolio Real Estate · Pirie Humphries

3 bd·2 ba·1,718 sqft

$190,000

2808 Whitis Ave #C304, Austin TX 78705

MLS #247174420 · Austin Marketing + Development · Anna Naumova

1 bd·1 ba·450 sqft

$475,000

3974 Far West BLVD, Austin TX 78731

MLS #247167410 · Pfau & Company Realtors · Jon Pfau

2 bd·2.5 ba·1,680 sqft

$275,000

9201 Brodie LN #2903, Austin TX 78748

MLS #247151436 · Bradfield Real Estate LLC · Colton Bradfield

2 bd·2.5 ba·1,391 sqft

$419,000

3600 S Lamar BLVD #202, Austin TX 78704

MLS #247174424 · Moreland Properties · Alaina Martin

1 bd·1.5 ba·1,048 sqft

About Homes Under $500K in Austin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 2,244 homes for sale under $500K in Austin on the market right now, drawn from live MLS data — so you're seeing what's actually available in your range, not a stale list. How far a $500K budget goes depends on the Austin market, and the quickest gauge is the median list price shown above: when your ceiling is below the local median you're shopping the lower-priced end of the local market, and when it's near or above the median you're looking at a large share of what's available. Within a $500K budget you'll typically find a mix of property types — houses, condos, and townhomes, and in some areas newer construction — across different sizes, ages, and neighborhoods, so the trade-offs between them are where the real choice lives. You can filter the homes and houses for sale under $500K in Austin by beds, baths, and features to narrow the list, and open any listing for its full details and price history. Because HomeLocating is an independent home-search platform — not a national portal — you get a neutral, MLS-sourced view of what $500K actually buys in Austin today.

Buying a Home Under $500K in Austin

Shopping with a $500K ceiling in Austin works best when the number is real, so a few things are worth doing before you tour. Start with a lender: getting pre-approved tells you what you can actually borrow and what your monthly payment looks like at $500K, which is often different from a round budget in your head. Remember that the list price isn't the whole cost — property taxes, any HOA or MUD dues, and insurance all factor into what a home under $500K really costs each month, so it's worth looking at the full number. Within a fixed budget, the choice usually comes down to trade-offs: size, location and commute, the age and condition of the home, and new construction versus resale — deciding which of those matter most to you makes comparing homes far easier. And well-priced homes in a given range can move quickly, so knowing your criteria in advance helps you act when the right one appears. None of this is financial advice, and HomeLocating is not a lender — but it's what keeps a budget from being a guess. Through HomeLocating, you can get help finding and buying a home under $500K in Austin directly through the site. When you're ready, browse the listings above and reach out about any that interest you.

Frequently Asked Questions

How many homes are for sale under $500K in Austin?

It changes as new listings come on the market and others go under contract. The homes under $500K shown here for Austin are drawn from live MLS data, so the count reflects what's actually available right now — the current total is shown with the results above.

What kind of homes can I get under $500K in Austin?

It depends on how $500K compares to the local market — the median list price for Austin is shown above. Within that budget you'll generally find a mix of houses, condos, and townhomes, and in some areas newer construction, across a range of sizes, ages, and neighborhoods. Filtering by property type and features narrows it to what fits.

How does a $500K budget compare to the Austin market?

The simplest gauge is the median list price shown above. If $500K is below the Austin median, you're shopping the lower-priced end of the market; if it's near or above the median, your budget covers a large share of what's listed. The live count shows how many homes currently fall under $500K.

How do I know what I can actually afford?

List price is only part of it — your real budget depends on your financing plus property taxes, insurance, and any HOA or MUD dues. Getting pre-approved with a lender tells you what you can borrow and what the monthly payment would be at $500K, so the number is based on your situation rather than a guess.

Are these listings current?

Yes — the homes under $500K shown here are drawn from live MLS data, so you're seeing current listings rather than a stale or padded list. As an independent platform, the goal is an accurate, neutral view of the Austin market.

Can HomeLocating help me buy a home under $500K in Austin?

Yes. Through HomeLocating, you can get help comparing homes in your budget, understanding the full monthly cost, and handling the offer directly through the site — reach out about any of the listings above.