Homes Under $500K in Austin, TX

2,177 active homes under $500k in Austin, TX · The median list price in Austin is $529,000.

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$165,000

3627 Menchaca RD #105, Austin TX 78704

MLS #246272357 · Compass RE Texas, LLC · Lisa Munoz

1 bd·1 ba·573 sqft

$340,000

7908 Running Water DR, Austin TX 78747

MLS #246272359 · eXp Realty, LLC · Amy Minor

4 bd·2.5 ba·2,742 sqft

Price Cut

$299,999

802 S 1st ST #202, Austin TX 78704

MLS #246282538 · Douglas Elliman Real Estate · Joanne Gamel

1 bd·1 ba·579 sqft

Price Cut

$344,900

7711 Watson ST #A, Austin TX 78757

MLS #246282542 · Bramlett Partners · Tara McGuire

2 bd·1 ba·768 sqft

New Construction

$470,130

1012 Lucinda Williams DR, Austin TX 78744

MLS #246282547 · David Weekley Homes · Jimmy Rado

3 bd·2.5 ba·2,172 sqft

Quick Move-In

$385,000

2525 S Lamar BLVD #206, Austin TX 78704

MLS #246284002 · Redfin Corporation · Barb Cooper

1 bd·1 ba·861 sqft

Motivated Seller

$369,000

2215 Post RD #2084, Austin TX 78704

MLS #246285743 · KW-Austin Portfolio Real Estate · Alex Hernandez-Bobrow

2 bd·2 ba·977 sqft

Price Cut

$415,000

360 Nueces ST #1018, Austin TX 78701

MLS #246285748 · Sprout Realty · Jonathan Gray

1 bd·1 ba·760 sqft

Motivated Seller

$285,000

505 W 7th ST #115, Austin TX 78701

MLS #246287231 · Keller Williams Realty · Ricky Cain

1 bd·1 ba·615 sqft

$225,000

8621 Putnam DR #A, Austin TX 78757

MLS #246290503 · Deborah Kosierowski, Broker · Jennifer Plourde

2 bd·2 ba·1,001 sqft

Price Cut

$339,900

8013 Turnberry LN, Austin TX 78744

MLS #246290505 · Entera Realty LLC · Penny Gail Watson

5 bd·3 ba·2,494 sqft

Price Cut

$385,000

13800 E Lyndhurst ST #164, Austin TX 78717

MLS #246250359 · eXp Realty, LLC · Keith Duble

4 bd·3 ba·2,060 sqft

Price Cut

$415,000

10303 Leaning Willow DR, Austin TX 78758

MLS #246250360 · Mungia Real Estate · Evan Connair

3 bd·2 ba·1,156 sqft

$298,900

15108 Bullbrier RD, Austin TX 78724

MLS #246250373 · Graham & Co Realty Group · Greg Graham

3 bd·2 ba·1,514 sqft

Price Cut

$375,000

913 Boatswain WAY, Austin TX 78748

MLS #246252025 · Compass RE Texas, LLC · Kelvin Glover

3 bd·2.5 ba·1,692 sqft

$200,000

4307 S 1st ST #108, Austin TX 78745

MLS #246252028 · Portico Real Estate · Dan Smith

1 bd·1 ba·594 sqft

Motivated Seller

$399,900

3101 Govalle Ave #113, Austin TX 78702

MLS #246252040 · Central Metro Realty · Jason Chong

2 bd·2 ba·1,146 sqft

$339,900

6000 Shepherd Mountain CV #917, Austin TX 78730

MLS #246250358 · Realty One Group Prosper · Lynne Wheeler

2 bd·2 ba·918 sqft

Price Cut

$390,000

2508 W 12th ST #205, Austin TX 78703

MLS #246252018 · Redfin Corporation · Rebecca Pletz

1 bd·1 ba·820 sqft

$325,000

1513 Canon Yeomans TRL, Austin TX 78748

MLS #246253682 · Compass RE Texas, LLC · Nicole Marburger

3 bd·2 ba·1,271 sqft

Price Cut

$374,900

3609 Las Colinas DR #A, Austin TX 78731

MLS #246257117 · Keller Williams Realty The Woodlands · Parker Kink

3 bd·2.5 ba·1,311 sqft

Price CutNew Construction

$369,990

6404 Lautner LN, Austin TX 78747

MLS #246250342 · David Weekley Homes · Jimmy Rado

3 bd·2.5 ba·1,689 sqft

Quick Move-In

Price CutNew Construction

$389,990

6405 Lautner LN, Austin TX 78747

MLS #246250344 · David Weekley Homes · Jimmy Rado

3 bd·2.5 ba·1,864 sqft

Quick Move-In

Price Cut

$280,000

9201 Brodie LN #502, Austin TX 78748

MLS #246253648 · Keller Williams Realty · Schuyler Williamson

2 bd·2.5 ba·1,391 sqft

About Homes Under $500K in Austin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 2,177 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.