Homes Under $500K in Austin, TX

2,175 active homes under $500k in Austin, TX · The median list price in Austin is $529,000.

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$394,900

10315 Marietta DR, Austin TX 78748

MLS #246198438 · Compass RE Texas, LLC · Tammy Davison

3 bd·2.5 ba·2,054 sqft

Price Cut

$209,000

11301 Jollyville RD #B2, Austin TX 78759

MLS #246179010 · Capital Investments of Austin · Michael Valdez

2 bd·1.5 ba·983 sqft

Motivated Seller

$350,000

12701 Descartes CV, Austin TX 78753

MLS #246179013 · Southwest Realty Advisors, LLC · Glenn Smith

4 bd·2.5 ba·3,302 sqft

$299,999

101 E 33rd ST #208, Austin TX 78705

MLS #246179017 · Austin Marketing + Development · Jed Bricker

3 bd·2 ba·1,165 sqft

Price Cut

$214,000

4913 Misty Slope LN, Austin TX 78744

MLS #246182097 · Sprout Realty · Trystan Lisanti

3 bd·2 ba·1,352 sqft

Price Cut

$339,995

8518 Brookfield DR, Austin TX 78758

MLS #246182105 · Harry Pokorny, Broker · Harry Pokorny

2 bd·1 ba·936 sqft

Price Cut

$475,000

7102 Fred Morse DR, Austin TX 78723

MLS #246183662 · Pacesetter Properties · Christy McNaughton

4 bd·2.5 ba·2,184 sqft

Price Cut

$475,000

3204 Maywood Ave #B, Austin TX 78703

MLS #246185115 · Compass RE Texas, LLC · Michelle Keahey

2 bd·2 ba·1,202 sqft

Price Cut

$349,000

12300 FARNISH CV, Austin TX 78753

MLS #246186378 · Dagwood Management, LLC · Haley Hall

3 bd·2.5 ba·1,673 sqft

Price Cut

$500,000

7924 Ridgeline N N, Austin TX 78731

MLS #246187713 · Sandy Goodwin & Company · Betty Wangler

3 bd·2 ba·1,887 sqft

Price Cut

$299,000

1320 Robert Browning ST #308, Austin TX 78723

MLS #246187719 · Team Price Real Estate · Stacy Morales

1 bd·1 ba·551 sqft

Motivated Seller

$450,000

1166 Ridgeway DR, Austin TX 78702

MLS #246188750 · The Groove Realty · James Garcia

3 bd·2 ba·1,250 sqft

Motivated Seller

$275,000

1403 Alma DR, Austin TX 78753

MLS #246161167 · Compass RE Texas, LLC · Jessica Pino

3 bd·1 ba·1,074 sqft

$450,000

4315 S Congress Ave #332, Austin TX 78745

MLS #246162876 · Douglas Elliman Real Estate · Cory Culpepper

2 bd·2 ba·1,055 sqft

Price Cut

$385,000

1307 Kinney Ave #124, Austin TX 78704

MLS #246164260 · Compass RE Texas, LLC · Cyndi Cummings

2 bd·2.5 ba·1,101 sqft

Price CutNew Construction

$433,955

5617 Koshoa DR, Austin TX 78754

MLS #246165795 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,439 sqft

Quick Move-In

Price CutNew Construction

$478,185

4811 Native Pearl, Austin TX 78754

MLS #246169170 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,557 sqft

Quick Move-In

Price CutNew Construction

$425,660

4815 Native Pearl, Austin TX 78754

MLS #246169182 · HomesUSA.com · Ben Caballero

4 bd·2 ba·1,841 sqft

Quick Move-In

Price CutNew Construction

$391,390

10845 Tallsalt DR, Austin TX 78754

MLS #246170783 · HomesUSA.com · Ben Caballero

3 bd·2 ba·1,698 sqft

Quick Move-In

Price CutNew Construction

$494,814

10905 Mystic Timber DR, Austin TX 78754

MLS #246172420 · HomesUSA.com · Ben Caballero

5 bd·3 ba·2,557 sqft

Quick Move-In

$385,000

13700 Sage Grouse DR #701, Austin TX 78729

MLS #246157317 · Horizon Realty · Slade Crabtree

3 bd·2.5 ba·1,516 sqft

Motivated Seller

$374,999

11110 Jim Thorpe LN, Austin TX 78748

MLS #246153642 · Compass RE Texas, LLC · Nicole Duncan

4 bd·3 ba·1,909 sqft

$350,000

6913 Sabrina DR, Austin TX 78747

MLS #246154069 · SPT & Co. Realty · Kamal Bastola

3 bd·2 ba·1,626 sqft

$365,000

9125 Vigen CIR, Austin TX 78748

MLS #246154072 · Pink Horizon Realty PLLC · La Donna Keesee

3 bd·2.5 ba·1,436 sqft

About Homes Under $500K in Austin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 2,175 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.