Homes Under $500K in Austin, TX

2,178 active homes under $500k in Austin, TX · The median list price in Austin is $529,000.

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$469,000

2601 N Quinlan Park RD #508, Austin TX 78732

MLS #246580164 · Compass RE Texas, LLC · Shannon Kramer

2 bd·2 ba·1,720 sqft

Fixer-Upper

$279,000

403 Blackson Ave, Austin TX 78752

MLS #246558881 · Bramlett Partners · Kathleen Wainwright

3 bd·2 ba·1,458 sqft

New Construction

$483,680

5011 Monarda Mint DR, Austin TX 78653

MLS #246563308 · ERA Experts · Matt Menard

4 bd·3 ba·2,403 sqft

Quick Move-In

Price CutNew Construction

$379,990

7425 Pullman CV, Austin TX 78747

MLS #246566103 · M/I Homes Realty · Patrick Easter

4 bd·2.5 ba·2,324 sqft

Quick Move-In

New Construction

$492,822

5009 Monarda Mint DR, Austin TX 78754

MLS #246566106 · ERA Experts · Matt Menard

4 bd·2.5 ba·2,466 sqft

Quick Move-In

Price CutNew Construction

$344,990

7420 Pullman CV, Austin TX 78747

MLS #246567499 · M/I Homes Realty · Patrick Easter

4 bd·2 ba·1,649 sqft

Quick Move-In

Price CutNew Construction

$424,990

5100 Sea Salt DR, Austin TX 78747

MLS #246568798 · M/I Homes Realty · Patrick Easter

5 bd·3 ba·2,543 sqft

Quick Move-In

New Construction

$369,990

5701 Koshoa DR, Austin TX 78754

MLS #246570798 · HomesUSA.com · Ben Caballero

4 bd·2 ba·1,526 sqft

Quick Move-In

$389,000

12700 La Salle DR, Austin TX 78727

MLS #246570801 · JNJ REAL ESTATE INVESTMENT LLC · Jenny Wang

3 bd·2 ba·1,326 sqft

Price Cut

$289,000

2405 Kale DR, Austin TX 78725

MLS #246569868 · Dash Realty · Ana Maya

3 bd·2.5 ba·1,590 sqft

Price Cut

$395,000

4810 Virginia Dare LN #88, Austin TX 78754

MLS #246570804 · Beycome Brokerage Realty LLC · Steve Koleno

4 bd·2 ba·2,487 sqft

New Construction

$405,990

5625 Koshoa DR, Austin TX 78754

MLS #246570808 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,025 sqft

Quick Move-In

New Construction

$419,990

5705 Koshoa DR, Austin TX 78754

MLS #246571608 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,299 sqft

Quick Move-In

$499,900

8005 Northforest DR, Austin TX 78759

MLS #246572440 · Compass RE Texas, LLC · Fara Kosari

3 bd·2 ba·1,402 sqft

Motivated Seller

$229,000

1202 Newning Ave #208, Austin TX 78704

MLS #246549419 · Brodsky Properties · Britt Heffernan

1 bd·1 ba·660 sqft

$239,000

1010 W Rundberg LN #30, Austin TX 78758

MLS #246551876 · Brodsky Properties · Britt Heffernan

2 bd·1.5 ba·1,170 sqft

Price Cut

$409,997

8401 Staunton DR, Austin TX 78758

MLS #246551879 · Haven & Stone LLC · Faith Shaw

3 bd·2 ba·1,365 sqft

$429,000

40 N Interstate 35 Highway #4A4, Austin TX 78701

MLS #246554420 · ListingSpark · Aaron Jistel

2 bd·2 ba·1,234 sqft

Price Cut

$399,000

6708 Manchaca RD #4, Austin TX 78745

MLS #246554411 · Austintatious512 · Laura McMillan

2 bd·2.5 ba·1,557 sqft

$425,000

5119 Provencial DR, Austin TX 78724

MLS #246555842 · Record Realty · Bob Hachtel

4 bd·3 ba·1,848 sqft

$210,000

306 E 30th ST #210, Austin TX 78705

MLS #246555847 · Campus & Central Properties · Nick Cochrane

1 ba·300 sqft

$407,070

11913 Russo DR, Austin TX 78747

MLS #246547547 · New Home Now · Daniel Wilson

5 bd·2.5 ba·2,595 sqft

$149,950

300 E Croslin ST #114, Austin TX 78752

MLS #246547553 · Solutions Real Estate Texas · Bill Lanfer

2 bd·1.5 ba·919 sqft

$475,000

10901 Parkfield DR, Austin TX 78758

MLS #246543333 · Keller Williams - Lake Travis · Maria Aguirre

3 bd·2 ba·1,550 sqft

About Homes Under $500K in Austin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 2,178 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.