Homes Under $500K in Lakeway, TX

24 active homes under $500k in Lakeway, TX from $250,000 · The median list price in Lakeway is $757,000.

15217 Glen Heather DR
$495,000

15217 Glen Heather DR, Lakeway TX 78734

MLS #247432231 · Vandivier Real Estate · Leslie Vandivier

3 bd·2.5 ba·2,221 sqft
101 Rivalto CIR #2
$500,000

101 Rivalto CIR #2, Lakeway TX 78734

MLS #247388022 · Compass RE Texas, LLC · Tracey Lazorik

3 bd·2 ba·1,797 sqft
104 Bella Toscana Ave #2310
$338,000

104 Bella Toscana Ave #2310, Lakeway TX 78734

MLS #247331753 · Christies Intl Real Estate Lone Star · Shannon Ayres

2 bd·2 ba·1,211 sqft
100 Lido CIR #B2
$359,000

100 Lido CIR #B2, Lakeway TX 78734

MLS #247091609 · Moreland Properties · Deborah Howden

3 bd·2 ba·2,130 sqft
583 Rupen DR
$495,000

583 Rupen DR, Lakeway TX 78734

MLS #246862792 · Advantage Austin Properties · Daryl Fojtik

2 bd·2.5 ba·2,007 sqft
411 Seawind
$449,000

411 Seawind, Lakeway TX 78734

MLS #246011406 · All City Real Estate Ltd. Co · Kevin McCarthy

3 bd·3 ba·1,717 sqft
2050 Lohmans Spur RD #501
$350,000

2050 Lohmans Spur RD #501, Lakeway TX 78734

MLS #245476043 · Keller Williams Realty · Dan Justus

3 bd·3.5 ba·1,857 sqft
106 Bella Toscana Ave #3101
$399,900

106 Bella Toscana Ave #3101, Lakeway TX 78734

MLS #245453513 · Propertysmith Realty · Claude Smith

2 bd·2 ba·1,377 sqft
275 Mooring CIR #B
$349,999

275 Mooring CIR #B, Lakeway TX 78734

MLS #245446842 · Austin Prime Realty · Pamela Jones

2 bd·2 ba·1,109 sqft
122 World Of Tennis SQ #122
Price CutEstimated by HomeLocating
$425,000

122 World Of Tennis SQ #122, Lakeway TX 78738

MLS #245427830 · Coldwell Banker Realty · Kristen Balke

4 bd·4 ba·2,272 sqft
104 Bella Toscana Ave #2302
$450,000

104 Bella Toscana Ave #2302, Lakeway TX 78734

MLS #245012339 · Intelligent Real Estate, Inc. · Anne-Marie Cancienne

3 bd·2 ba·1,346 sqft
2201 Lakeway BLVD #25
Motivated SellerEstimated by HomeLocating
$299,993

2201 Lakeway BLVD #25, Lakeway TX 78734

MLS #244955141 · Bramlett Partners · Stephanie Hopkins

1 bd·1.5 ba·1,062 sqft
106 Bella Toscana Ave #3204
$327,500

106 Bella Toscana Ave #3204, Lakeway TX 78734

MLS #239260821 · Kuper Sotheby's Int'l Realty · Doug Land

1 bd·1.5 ba·939 sqft
114 World Of Tennis SQ #114
$365,000

114 World Of Tennis SQ #114, Lakeway TX 78738

MLS #238981475 · Coldwell Banker Realty · Jennifer Pierson

4 bd·4 ba·2,272 sqft
106 Bella Toscana Ave #3208
Price CutEstimated by HomeLocating
$374,000

106 Bella Toscana Ave #3208, Lakeway TX 78734

MLS #239326736 · Moreland Properties · Sam Wachnin

2 bd·2 ba·1,174 sqft
201 Sailmaster ST
$419,000

201 Sailmaster ST, Lakeway TX 78734

MLS #241638135 · Smart City Realty, LLC · Theresa Filarowicz

3 bd·2 ba·1,488 sqft
102 Bella Toscana Ave #1103
Price CutEstimated by HomeLocating
$260,000

102 Bella Toscana Ave #1103, Lakeway TX 78734

MLS #231491223 · Kuper Sotheby's Int'l Realty · Joan Bockenkamp

1 bd·1.5 ba·952 sqft
114 Aria RDG #802
Motivated SellerEstimated by HomeLocating
$393,500

114 Aria RDG #802, Lakeway TX 78738

MLS #241887138 · Compass RE Texas, LLC · Michael Langford

3 bd·2.5 ba·2,255 sqft
104 Bella Toscana Ave #2106
Motivated SellerEstimated by HomeLocating
$250,000

104 Bella Toscana Ave #2106, Lakeway TX 78734

MLS #239413252 · RE/MAX River City · Bryan Anderson

1 bd·1.5 ba·976 sqft
6 MUIRFIELD GREENS CV
Motivated SellerEstimated by HomeLocating
$447,250

6 MUIRFIELD GREENS CV, Lakeway TX 78738

MLS #241826024 · Moreland Properties · April Womack

3 bd·2.5 ba·2,109 sqft
267 Mooring CIR
$422,500

267 Mooring CIR, Lakeway TX 78734

MLS #243892523 · Coldwell Banker Realty · Trina Rivera

3 bd·2 ba·1,458 sqft
133 World Of Tennis SQ
$365,000

133 World Of Tennis SQ, Lakeway TX 78738

MLS #242622280 · Coldwell Banker Realty · Mary Ann Grimes

4 bd·3 ba·2,192 sqft
275 Mooring CIR #A
Price CutEstimated by HomeLocating
$319,000

275 Mooring CIR #A, Lakeway TX 78734

MLS #241396325 · Austin Prime Realty · Pamela Jones

2 bd·2 ba·1,109 sqft
156 World Of Tennis SQ
$350,000

156 World Of Tennis SQ, Lakeway TX 78738

MLS #243608151 · eXp Realty, LLC · Cody Wickham

4 bd·4 ba·2,272 sqft

About Homes Under $500K in Lakeway, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 24 homes for sale under $500K in Lakeway 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 Lakeway 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 Lakeway 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 Lakeway today.

Buying a Home Under $500K in Lakeway

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

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

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

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

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

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.

Explore Homes Under $500K in other cities

Jump to another city’s page — a few homes from each.

Homes Under $500K in Spicewood, TX →
207 Laurel LN
$344,000

207 Laurel LN, Spicewood TX 78669

MLS #247672015 · A Complete Realty · Diane Anderson

3 bd·2 ba·1,550 sqft
24801 Lake View DR
$349,000

24801 Lake View DR, Spicewood TX 78669

MLS #247545488 · Keller Williams - Lake Travis · Bryan Swan

2 bd·1 ba·1,184 sqft
126 Travis LN
$199,999

126 Travis LN, Spicewood TX 78669

MLS #247477525 · Avalar Austin · Candy Coburn

2 bd·1 ba·972 sqft
Homes Under $500K in Austin, TX →
106 E 30th ST #308
$315,000

106 E 30th ST #308, Austin TX 78705

MLS #247861227 · Compass RE Texas, LLC · Silvia Vandenberg

3 bd·2 ba·837 sqft
1115 Kirk Ave
$432,000

1115 Kirk Ave, Austin TX 78702

MLS #247861915 · Gold Realty · Rey Vasquez

3 bd·1 ba·940 sqft
2101 Rivers Edge WAY #22
$480,000

2101 Rivers Edge WAY #22, Austin TX 78741

MLS #247857353 · Bramlett Partners · Margaret Jolly

3 bd·2.5 ba·1,977 sqft

New-home incentives & deals in Lakeway

Builders in Lakeway compete on incentives more than on sticker price. How new-home pricing, buydowns, and closeout deals work here:

Explore more