Austin Homes under $500,000

Welcome to Austin, Texas – a vibrant city known for its eclectic culture, thriving music scene, and stunning natural beauty. Often referred to as the “Live Music Capital of the World,” Austin is a hub for creativity and innovation, attracting people from all walks of life. With its picturesque parks, bustling food markets, and a plethora of outdoor activities, the city offers a unique blend of urban living and natural charm.

For those looking to call Austin home without breaking the bank, there are fantastic opportunities available with homes priced under $500,000. This price point opens doors to a variety of neighborhoods, each with its own character and appeal. From the trendy streets of East Austin, where you can find chic cafes and art galleries, to the family-friendly suburbs of Northwest Austin, there’s something for everyone.

Imagine cozy evenings in a charming bungalow or modern townhome, all while being just a short drive away from the lively downtown area. With a growing job market, excellent schools, and a strong sense of community, Austin is an ideal place for first-time homebuyers, young professionals, and families alike.

Whether you’re drawn to the serene beauty of Lady Bird Lake, the excitement of the South Congress Avenue shops, or the rich history of the Texas State Capitol, Austin has it all. Explore the possibilities of homeownership in this dynamic city, where you can live, work, and play in a place that feels like home. Your Austin adventure awaits!

Newest Austin Homes under $500,000

$249,900

2 Beds ⋅ 3 Baths ⋅ 21399510 MLS

Excellent opportunity awaits at 12206 Tyson Cove Unit A! Offering 1,237 sq. ft. of living space, this 2-bedroom, 2.5-bath home features a functional layout and is ready for immediate enjoyment. Step outside to a secluded backyard with an extended wood deck, creating the perfect setting for relaxing, entertaining, or outdoor dining. Conveniently located near MoPac Expy and I-35 and approximately 20 minutes from Downtown Austin, this property provides excellent access to shopping, dining, entertainment, and major employment centers. Don’t miss this exceptional opportunity!

12206 Tyson Cv Unit A, Austin

$450,000

4 Beds ⋅ 4 Baths ⋅ 21391509 MLS

13202 Adoniss Dr, Austin

$185,000

2 Beds ⋅ 2 Baths ⋅ 21374727 MLS

Come check out this 2 bed, 1.5 bath condo with a private enclosed patio, mature trees, minutes away from shopping and city life. Located in a great sought after school district! Water, trash and sewer are all paid by the HOA fees. Both HVAC's have been serviced and NEW water heater. Owner is selling AS IS so you can modify to your liking.

8340 Fathom Cir Unit 504, Austin

$359,900

2 Beds ⋅ 3 Baths ⋅ 21372066 MLS

Spacious, Modern East Austin Opportunity! This newly built home offers a bright, open-concept layout with soaring ceilings, contemporary finishes, and the feel of a standalone single-family residence. The main residence features 2 bedrooms, 2.5 bathrooms, and a functional floor plan designed for comfortable everyday living and entertaining. Enjoy a generously sized private yard—an exceptional feature for the area—providing plenty of space for outdoor entertaining, pets, gardening, or relaxing. With no HOA fees and no known rental restrictions, the property offers excellent flexibility for investors, owner-occupants, long-term rental use, or house-hacking opportunities. Ideally located in East Austin, this property combines modern construction, private outdoor space, a versatile floor plan, and potential rental income in one of Austin’s most desirable areas.

1042 Rosemont St Unit 2, Austin

$349,000

4 Beds ⋅ 2 Baths ⋅ 21368546 MLS

SAVE MONEY WITH TEMPORARY RATE BUY DOWN WITH A PREFERRED LENDER OR GET 1% LENDER CLOSING COST. Welcome to this beautiful 4-bedroom, 2-bath home in the desirable Austin’s Colony community! This inviting home features a spacious open-concept layout with the kitchen and dining area flowing seamlessly into the living room, perfect for everyday living and entertaining. The split-bedroom floor plan offers added privacy, with the primary suite separated from the secondary bedrooms. A versatile flex space near the entry can be used as a home office, formal dining area, playroom, or additional living space. The seller has thoughtfully upgraded the home throughout, including updated light fixtures, an elegant chandelier, a ceiling fan in the primary suite, ceiling fans in all secondary bedrooms, upgraded sink fixtures, and upgraded cabinet handles throughout. The backyard offers even more space to relax and entertain, featuring a newly added gazebo with a concrete slab. Enjoy the convenience of community amenities, including a pool and basketball court, all just minutes from home. With its spacious layout, stylish upgrades, outdoor enhancements, and desirable location, this home is a must-see. Don’t miss your opportunity to make it yours!

15304 Harkness Pass, Austin

$409,900

3 Beds ⋅ 4 Baths ⋅ 21365155 MLS

Spacious, modern East Austin opportunity! This newly built home offers a bright open-concept layout, soaring ceilings, contemporary finishes, and private outdoor space, all while living like a standalone single-family residence. The main residence features 2 bedrooms and 2.5 baths, plus a studio above the garage with an additional bedroom, full bath, and kitchenette, for a combined 3 bedrooms and 3.5 baths. Currently open and connected to the main residence, the studio offers exceptional flexibility and could potentially be walled off to create a separate living or rental space. No HOA fees and no known rental restrictions provide additional flexibility for investors, owner-occupants, long-term rental use, or house-hacking opportunities. Ideally located in East Austin, this property combines modern construction, a versatile floor plan, and potential rental income

1042 Rosemont St Unit 1, Austin

$298,900

3 Beds ⋅ 2 Baths ⋅ 21366294 MLS

Beautiful home in the Forest Bluff community in Austin recently refreshed with interior and exterior paint, new carpet and a new roof! The home has a nice open floor plan with 3 bedrooms and 2 full baths, 2 car front entry garage and fenced backyard. Enjoy easy care flooring throughout your daily living space and carpet in your bedrooms, island kitchen and breakfast bar plus lots of counter space. Centrally located with a convenient commute in any direction for all the things in Austin!

15108 Bullbrier Rd, Austin

$419,000

1 Beds ⋅ 1 Baths ⋅ 21315642 MLS

Experience elevated downtown living from the 21st floor of this stunning one-bedroom condo featuring breathtaking panoramic views through dramatic floor-to-ceiling windows. Positioned with a desirable west-facing orientation, this residence captures incredible sunsets along with views overlooking Lady Bird Lake and the Shoal Creek Trail. Adding to the appeal, the condo benefits from Austin’s protected Capitol View Corridor regulations, which limit certain building heights to preserve views toward the Texas State Capitol, helping maintain the open skyline feel directly in front of this condos view. This bright, open-concept floor plan blends modern luxury with industrial-inspired design, showcasing sleek wood flooring, granite countertops, cherrywood cabinetry, stainless steel appliances, updated paint throughout, and a stylish upgraded barn door leading into the bathroom. The spacious bedroom offers a unique industrial feel with an exposed concrete accent wall while continuing to showcase the incredible city and water views. Move-in ready and designed for effortless living, this condo also includes one reserved parking space and access to exceptional resort-style amenities including a pool and lounge deck with skyline views, outdoor grills, fitness center, media room, club room, dog park, concierge service, and more. Perfectly located in the heart of downtown Austin, you’re just steps from Lady Bird Lake, Whole Foods, Trader Joe’s, Violet Crown Cinema, Moody Theater, Seaholm District, 2nd Street shopping and dining, the Capitol, and some of Austin’s best restaurants and entertainment. This is the ultimate lock-and-leave lifestyle offering luxury, convenience, and downtown living at its finest.

360 Nueces St Unit 2110, Austin

$275,000

3 Beds ⋅ 2 Baths ⋅ 21322973 MLS

Discover a unique opportunity to embrace the vibrant Austin lifestyle in a home perfectly designed for both relaxation and entertaining. This delightful residence offers a functional layout that seamlessly blends comfort with practicality, making it an ideal gathering place for all occasions. The property boasts a generous living area of 1478 square feet, providing ample space for everyday living and special events. Situated on a quarter-acre lot, the outdoor space is a true highlight, offering abundant room for backyard entertainment within its securely fenced perimeter. A robust chainlink fence and gate ensure privacy and peace of mind, creating a wonderful environment for outdoor enjoyment. This single-story home provides convenience and easy access throughout, contributing to a comfortable living experience. Located in a desirable Austin neighborhood, it offers a harmonious balance between peaceful residential living and access to local amenities. This property truly represents an exceptional chance to create lasting memories in a dynamic community.

1060 Gardner Rd, Austin

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: