Homes Under $500K in Austin, TX

2,172 active homes under $500k in Austin, TX · The median list price in Austin is $529,000.

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Motivated Seller

$264,999

6024 Elfen WAY, Austin TX 78724

MLS #245247595 · eXp Realty, LLC · Trevor Loveless

3 bd·2 ba·1,203 sqft

Motivated Seller

$291,659

5313 Calluna DR, Austin TX 78725

MLS #245248965 · ERA Experts · Kent Zarbock

3 bd·2 ba·1,499 sqft

Price Cut

$325,000

11408 Milano DR, Austin TX 78747

MLS #245235681 · Berkshire Hathaway TX Realty · Miguel Lopez

3 bd·2 ba·1,450 sqft

Motivated Seller

$240,000

508 Red Tails DR, Austin TX 78725

MLS #245237381 · ZERA Realty · Chanell Sykes

3 bd·2 ba·1,740 sqft

$290,000

12811 Copper Cliff Ave #B, Austin TX 78727

MLS #245237383 · Elite Living Realty · Kevin Dibia

2 bd·1 ba·835 sqft

Price Cut

$289,000

1500 Brandt DR, Austin TX 78742

MLS #245233814 · The Damron Group REALTORS · Debbie Austin

3 bd·2 ba·1,092 sqft

Motivated Seller

$475,000

109 Beneteau DR, Austin TX 78738

MLS #244516338 · Compass RE Texas, LLC · Brenda Gavin

3 bd·3 ba·2,231 sqft

Motivated Seller

$425,000

1213 Dunstan DR, Austin TX 78745

MLS #245225798 · Stanberry REALTORS · Sara Madera

3 bd·2 ba·1,208 sqft

Motivated Seller

$430,000

5605 Overbrook DR, Austin TX 78723

MLS #245226578 · Compass RE Texas, LLC · Sumina Bhatti

3 bd·2 ba·1,367 sqft

$385,000

3001 Cedar ST #211, Austin TX 78705

MLS #245227200 · Keller Williams Realty · Barbara Shallue

2 bd·2 ba·1,072 sqft

Price Cut

$254,000

6406 Chimney Creek CIR #B, Austin TX 78723

MLS #245215864 · Berkshire Hathaway TX Realty · Dave Bair

3 bd·2.5 ba·1,236 sqft

Price Cut

$289,000

14908 Running Deer TRL, Austin TX 78734

MLS #245220168 · JPAR Round Rock · Simone Gonzalez

2 bd·1 ba·848 sqft

Motivated SellerNew Construction

$324,990

10124 Curb Strap DR, Austin TX 78724

MLS #244089641 · D.R. Horton, AMERICA'S Builder · Dave Clinton

3 bd·2 ba·1,332 sqft

Quick Move-In

Motivated Seller

$335,000

10405 Quail Ridge DR, Austin TX 78758

MLS #245178765 · Luke Graves Realty · Luke Graves

4 bd·2 ba·1,277 sqft

Price Cut

$450,000

5509 Porsche LN, Austin TX 78749

MLS #245180701 · Compass RE Texas, LLC · Adam Walker

3 bd·2 ba·1,411 sqft

Price CutNew Construction

$384,990

6400 Lautner LN, Austin TX 78747

MLS #245184551 · David Weekley Homes · Jimmy Rado

3 bd·2.5 ba·1,864 sqft

Quick Move-In

Price Cut

$400,000

4000 Ranch Road 620 N #7, Austin TX 78734

MLS #245191277 · EXP REALTY · Heather Tankersley

3 bd·2.5 ba·2,002 sqft

Price Cut

$379,900

10300 Morado CV #903, Austin TX 78759

MLS #245191279 · Keller Williams Realty · Jessica Bruehl

2 bd·1.5 ba·1,590 sqft

Motivated Seller

$449,000

8508 Contour DR, Austin TX 78757

MLS #245193462 · Bramlett Partners · Will Mackintosh

3 bd·2 ba·1,216 sqft

Motivated Seller

$409,990

10009 Buffalo Lake LN, Austin TX 78747

MLS #245166671 · Mayo Properties · April Mayo

4 bd·2.5 ba·1,909 sqft

Motivated Seller

$475,000

2827 Manor RD #2202, Austin TX 78722

MLS #245168240 · Compass RE Texas, LLC · Courtney Oldham

3 bd·2.5 ba·1,768 sqft

Price CutNew Construction

$394,990

6316 Lautner LN, Austin TX 78747

MLS #245171745 · David Weekley Homes · Jimmy Rado

3 bd·2.5 ba·2,015 sqft

Quick Move-In

Price Cut

$495,000

12800 Stepping Stone CV, Austin TX 78727

MLS #245171753 · Larry English Greater Austin · Larry English

3 bd·2 ba·1,620 sqft

Motivated Seller

$350,000

5012 Magari PATH, Austin TX 78724

MLS #245173418 · Redfin Corporation · Andrew Vallejo

3 bd·2 ba·1,495 sqft

About Homes Under $500K in Austin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 2,172 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.