Homes Under $500K in Austin, TX

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

Sort

Price Cut

$140,000

2102 Blue Meadow DR, Austin TX 78744

MLS #246030194 · Adele Waring, Broker · Adele Waring

2 bd·2 ba·720 sqft

Price Cut

$349,950

11027 Sly Beaver DR, Austin TX 78754

MLS #246027137 · Douglas Elliman Real Estate · Cory Culpepper

3 bd·2.5 ba·1,786 sqft

$365,000

8509 Slant Oak DR, Austin TX 78729

MLS #246027140 · AGandy & Co. · Amy Gandy

3 bd·2 ba·1,283 sqft

Price Cut

$300,000

2300 Dowd LN, Austin TX 78728

MLS #246027619 · Keller Williams Realty · David Burton

3 bd·2 ba·1,268 sqft

$118,000

2500 Burleson RD #703, Austin TX 78741

MLS #246018307 · 1836 Realty & Property Mgmt · Christopher Navarro

1 bd·1 ba·499 sqft

Motivated Seller

$159,990

4307 S 1st ST #206, Austin TX 78745

MLS #246018893 · Spyglass Realty · Jennifer Rangel

1 bd·1 ba·594 sqft

$359,000

54 Rainey ST #415, Austin TX 78701

MLS #246020061 · Keller Williams Realty · Matt Cordova

1 bd·1 ba·756 sqft

Motivated Seller

$135,000

1015 E Yager LN #35, Austin TX 78753

MLS #246012896 · Compass RE Texas, LLC · Zachary Wallace

1 bd·1 ba·565 sqft

Price Cut

$369,900

11604 Comano DR, Austin TX 78747

MLS #245995759 · Sprout Realty · Cody Cooper

3 bd·2 ba·1,937 sqft

Price Cut

$460,000

3101 Govalle Ave #207, Austin TX 78702

MLS #246002769 · Christies Intl Real Estate Lone Star · Georgia Spiropoulos

3 bd·2 ba·1,459 sqft

Motivated Seller

$310,000

3101 Govalle Ave #220, Austin TX 78702

MLS #246002773 · Keller Williams Realty · Michael Harrell

1 bd·1 ba·800 sqft

$224,900

1807 Poquito ST #41, Austin TX 78702

MLS #246004443 · Bramlett Partners · Will Mackintosh

1 bd·1 ba·863 sqft

Price Cut

$494,700

1602 Ashberry DR, Austin TX 78723

MLS #246004444 · Pure Realty · Donna Ciccarelli

3 bd·2 ba·1,283 sqft

Price Cut

$355,000

8800 White Ibis DR #130, Austin TX 78729

MLS #246007052 · JPAR Austin · Ranee Reyes

3 bd·2 ba·1,382 sqft

$287,999

3704 Crownover ST, Austin TX 78725

MLS #246009133 · Realty Texas LLC · Bev Hanson

3 bd·2 ba·1,737 sqft

$365,000

9205 Magna Carta LOOP, Austin TX 78754

MLS #245975332 · Christies Intl Real Estate Lone Star · Rosie Ochoa

3 bd·2 ba·1,613 sqft

Price Cut

$454,000

10906 Brazoria LN #87, Austin TX 78717

MLS #245976316 · Austin Realty International · Philip Cha

3 bd·2.5 ba·1,838 sqft

Motivated SellerNew Construction

$339,990

9404 Corvallis DR, Austin TX 78747

MLS #245982226 · M/I Homes Realty · Patrick Easter

3 bd·2 ba·1,531 sqft

Quick Move-In

Motivated SellerNew Construction

$409,990

9505 Corvallis DR, Austin TX 78747

MLS #245982239 · M/I Homes Realty · Patrick Easter

4 bd·2.5 ba·2,456 sqft

Quick Move-In

Price Cut

$215,000

3204 Menchaca RD #104, Austin TX 78704

MLS #245984284 · eXp Realty, LLC · Jessica Licona

2 bd·2 ba·920 sqft

Motivated Seller

$499,000

2333 Aldford DR, Austin TX 78745

MLS #245986386 · Real Broker, LLC · Jeff McElroy

3 bd·2 ba·1,185 sqft

$299,990

5408 King Henry DR, Austin TX 78724

MLS #245986387 · SMART LINK REALTY · Kenneth Lopez

3 bd·2 ba·1,201 sqft

$389,900

3600 S Lamar BLVD #210, Austin TX 78704

MLS #245967494 · Serhant Texas, LLC · Jael Bristol

1 bd·1.5 ba·1,095 sqft

Price Cut

$209,000

2303 E Side DR #201, Austin TX 78704

MLS #245961304 · Compass RE Texas, LLC · Olivia Vale

1 bd·1 ba·676 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.