Homes Under $500K in Driftwood, TX

5 active homes under $500k in Driftwood, TX from $260,000 · The median list price in Driftwood is $1,089,450.

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$265,000

244 Heatherwood DR #16, Driftwood, TX 78619

MLS #246975178 · Realty Texas LLC · Kurt Miller

3 bd·2 ba·1,620 sqft

Motivated Seller

$260,000

254 Heatherwood DR #15, Driftwood, TX 78619

MLS #246282543 · Keller Williams Realty · Ricky Cain

3 bd·2 ba·1,508 sqft

Motivated Seller

$435,000

715 Bee Gee RD, Driftwood, TX 78619

MLS #237447631 · Century 21 Randall Morris & As · Molly Wendt

4 bd·3 ba·2,128 sqft

Price Cut

$499,500

1182 Grant Wood Ave, Driftwood, TX 78619

MLS #240134771 · Moreland Properties · Ben Morton

4 bd·3 ba·1,902 sqft

$325,000

23461 FM 150 #A, Driftwood, TX 78619

MLS #244602794 · Friedman Real Estate, Inc. · Josh Friedman

1 bd·1 ba

Nearby Homes Under $500K (within 10 miles)

134 homes under $500k in nearby cities within 10 miles of Driftwood, TX — not included in the Driftwood count above. Each home shows its own city.

Motivated Seller

$449,000

1174 Grant Wood Ave, Dripping Springs, TX 78619

MLS #244349526 · Compass RE Texas, LLC · Jenny Cureton

3 bd·2 ba·1,722 sqft

Motivated SellerNew Construction

$392,005

110 Olympia BND, Dripping Springs, TX 78620

MLS #242213006 · Alexander Properties · Bobbie Alexander

4 bd·2.5 ba·2,193 sqft

Quick Move-In

New Construction

$364,455

150 Olympia BND, Dripping Springs, TX 78620

MLS #248924269 · Alexander Properties · Bobbie Alexander

3 bd·2.5 ba·1,876 sqft

Quick Move-In

Motivated SellerNew Construction

$365,990

118 Olympia BND, Dripping Springs, TX 78620

MLS #245945353 · Alexander Properties · Bobbie Alexander

4 bd·2.5 ba·1,954 sqft

Quick Move-In

Price CutNew Construction

$494,938

152 Ranier WAY, Dripping Springs, TX 78620

MLS #244089644 · ERA Experts · Kent Zarbock

4 bd·3.5 ba·2,260 sqft

Quick Move-In

New Construction

$445,990

228 Sue Peaks LOOP, Dripping Springs, TX 78620

MLS #245390051 · Meritage Homes Realty · Patrick McGrath

4 bd·3 ba·2,047 sqft

Quick Move-In

Only 5 homes under $500K in Driftwood right now. Closest options: homes under $500K in Dripping Springs, Wimberley, Manchaca; or Driftwood homes $500K–$600K: see them here.

About Homes Under $500K in Driftwood, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 5 homes for sale under $500K in Driftwood 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 Driftwood 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 Driftwood 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 Driftwood today.

Buying a Home Under $500K in Driftwood

Shopping with a $500K ceiling in Driftwood 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 Driftwood 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 Driftwood?

It changes as new listings come on the market and others go under contract. The homes under $500K shown here for Driftwood 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 Driftwood?

It depends on how $500K compares to the local market — the median list price for Driftwood 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 Driftwood market?

The simplest gauge is the median list price shown above. If $500K is below the Driftwood 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 Driftwood market.

Can HomeLocating help me buy a home under $500K in Driftwood?

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.