Homes Under $500K in Fredericksburg, TX

27 active homes under $500k in Fredericksburg, TX from $250,000 · The median list price in Fredericksburg is $697,000.

5386 Ranch Road 1376 #116 RD
$250,000

5386 Ranch Road 1376 #116 RD, Fredericksburg TX 78624

MLS #238057815 · eXp Realty LLC · Sandee Payne

2 bd·1 ba·399 sqft
110 Ellendale PL
Price CutEstimated by HomeLocating
$259,000

110 Ellendale PL, Fredericksburg TX 78624

MLS #241019707 · Keller Williams City-View · Christopher Marti

3 bd·2 ba·1,474 sqft
114 Ellendale PL
Motivated SellerEstimated by HomeLocating
$265,500

114 Ellendale PL, Fredericksburg TX 78624

MLS #241734007 · Keller Williams City-View · Christopher Marti

3 bd·2 ba·1,474 sqft
101 Ellendale PL
Motivated SellerEstimated by HomeLocating
$269,900

101 Ellendale PL, Fredericksburg TX 78624

MLS #241723153 · Keller Williams City-View · Christopher Marti

3 bd·2 ba·1,474 sqft
116 Ellendale PL
$274,000

116 Ellendale PL, Fredericksburg TX 78624

MLS #241011929 · Keller Williams City-View · Christopher Marti

4 bd·2 ba·1,667 sqft
129 Alameda DR
Motivated SellerEstimated by HomeLocating
$275,000

129 Alameda DR, Fredericksburg TX 78624

MLS #241040402 · Keller Williams City-View · Christopher Marti

4 bd·2 ba·1,167 sqft
112 Ellendale PL
Motivated SellerEstimated by HomeLocating
$280,000

112 Ellendale PL, Fredericksburg TX 78624

MLS #241735566 · Keller Williams City-View · Christopher Marti

4 bd·2 ba·1,667 sqft
107 Ellendale PL
Price CutEstimated by HomeLocating
$280,000

107 Ellendale PL, Fredericksburg TX 78624

MLS #241736979 · Keller Williams City-View · Christopher Marti

4 bd·2 ba·1,667 sqft
103 Ellendale PL
Motivated SellerEstimated by HomeLocating
$285,000

103 Ellendale PL, Fredericksburg TX 78624

MLS #240799616 · Keller Williams City-View · Christopher Marti

4 bd·2 ba·1,667 sqft
108 Ellendale PL
Motivated SellerEstimated by HomeLocating
$295,000

108 Ellendale PL, Fredericksburg TX 78624

MLS #241049369 · Keller Williams City-View · Christopher Marti

4 bd·2.5 ba·1,891 sqft
5386 Ranch Road 1376 RD #98
$299,000

5386 Ranch Road 1376 RD #98, Fredericksburg TX 78624

MLS #238227615 · eXp Realty LLC · Sandee Payne

1 bd·1 ba·341 sqft
930 S Eagle ST #202
$320,000

930 S Eagle ST #202, Fredericksburg TX 78624

MLS #244645458 · Keller Williams Realty · Adelina Rotar

1 bd·1 ba·609 sqft
1003 Friendship LN #301
$335,000

1003 Friendship LN #301, Fredericksburg TX 78624

MLS #223065828 · Keller Williams Realty · Erin Bara

1 bd·1 ba·801 sqft
116 Bens BLF
$340,000

116 Bens BLF, Fredericksburg TX 78624

MLS #241772309 · Fredericksburg Realty · Justin Cop

4 bd·2.5 ba·1,894 sqft
5386 Ranch Road 1376 #52
$347,500

5386 Ranch Road 1376 #52, Fredericksburg TX 78624

MLS #244000615 · eXp Realty LLC · Sandee Payne

2 bd·1 ba·385 sqft
802 S Creek ST #101
$351,220

802 S Creek ST #101, Fredericksburg TX 78624

MLS #244962594 · Kept Property Group, LLC · Jacob Shafer

1 bd·1.5 ba·1,033 sqft
802 S Creek ST #103
$351,220

802 S Creek ST #103, Fredericksburg TX 78624

MLS #244963992 · Kept Property Group, LLC · Jacob Shafer

1 bd·1.5 ba·1,033 sqft
327 W Mulberry ST
$354,900

327 W Mulberry ST, Fredericksburg TX 78624

MLS #232317072 · RE/MAX Universal · Thomas Saunders

3 bd·2 ba·1,561 sqft
802 S Creek ST #100
$369,750

802 S Creek ST #100, Fredericksburg TX 78624

MLS #242440928 · Kept Property Group, LLC · Jacob Shafer

2 bd·2 ba·1,122 sqft
5386 Ranch Road 1376 RD #56
$390,000

5386 Ranch Road 1376 RD #56, Fredericksburg TX 78624

MLS #238057823 · eXp Realty LLC · Sandee Payne

2 bd·1 ba·386 sqft
207 S Creek ST
Price CutEstimated by HomeLocating
$399,900

207 S Creek ST, Fredericksburg TX 78624

MLS #245258507 · Graham & Co Realty Group · Greg Graham

3 bd·2 ba·1,659 sqft
5386 RANCH ROAD 1376 #186
$409,775

5386 RANCH ROAD 1376 #186, Fredericksburg TX 78624

MLS #244393120 · Coldwell Banker Realty · Theresa Brown

3 bd·1 ba·386 sqft
5386 Ranch Road 1376 #88
$409,900

5386 Ranch Road 1376 #88, Fredericksburg TX 78624

MLS #246349609 · eXp Realty LLC · Sandee Payne

2 bd·1 ba·397 sqft
5386 Ranch Road 1376 #79
$415,000

5386 Ranch Road 1376 #79, Fredericksburg TX 78624

MLS #238227597 · eXp Realty LLC · Sandee Payne

2 bd·1 ba·390 sqft

About Homes Under $500K in Fredericksburg, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 27 homes for sale under $500K in Fredericksburg 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 Fredericksburg 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 Fredericksburg 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 Fredericksburg today.

Buying a Home Under $500K in Fredericksburg

Shopping with a $500K ceiling in Fredericksburg 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. Because HomeLocating is operated by Walter Marin, REALTOR® with Compass, you can get help finding and buying a home under $500K in Fredericksburg 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 Fredericksburg?

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

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

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

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

Yes. HomeLocating is operated by Walter Marin, REALTOR® with Compass, so 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.

Homes Under $500K in nearby cities

Homes Under $500K in Kerrville, TX →
2811 Locust ST
$120,000

2811 Locust ST, Kerrville TX 78028

MLS #242699584 · Levi Rodgers Real Estate Group · Isaac Strycker

3 bd·1 ba·1,024 sqft
115 Village DR
$279,999

115 Village DR, Kerrville TX 78028

MLS #246417806 · Keeping It Realty · Andrea Barton

2 bd·2 ba·1,426 sqft
1901 N Chateau Lane LN N
$425,000

1901 N Chateau Lane LN N, Kerrville TX 78028

MLS #242500170 · Phillips & Associates Realty · Michelle Keller

2 bd·2 ba·1,638 sqft

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