Austin Homes Under $500,000

At Spyglass Realty, we’re here to help you find the perfect home in the vibrant state of Texas. Whether you’re a first-time homebuyer, looking to relocate, or searching for an investment property, our team is here to help you find homes that fit your lifestyle and budget. Explore a wide range of beautiful properties priced under $500,000.

Homes Under $500,000 in Austin, Texas

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All Listings Under $100,000 $100,000 - $200,000 $200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
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FAQs about homes for sale in Austin, TX under $500,000

Where is the cheapest place to live in Austin?

Defining “cheapest” requires more details about your preferences. Areas such as Del Valle and Manor are generally considered to have more affordable homes compared to the central city neighborhoods. This doesn’t always indicate that they will fit every budget or match lifestyle requirements.

 

But they are great areas to explore if you are on a tight budget and looking to buy a house in the Austin metro area.

Is it cheaper to build or buy a house in Austin?

This is a tricky question to answer with certainty as several variables affect this situation. The cost of land in Austin can be expensive, driving up construction costs if building new. Also, supply chain issues and material costs in recent years have made building even less predictable.

 

Generally, though, buying an existing home in one of the more affordable neighborhoods tends to cost less than building new.

What is the average home cost in Austin, Texas?

Though this data point can fluctuate quickly, the median price for homes in Austin, as of July 2024, sits at $544,000.

Austin Homes Under $500K Real Estate Search

This page is updated with the latest home listings multiple times per day, directly from the Austin, Texas MLS.

Comprehensive MLS Listings

Each MLS listing includes the property price, days on the market, square footage, year built, lot size, number of bedrooms and bathrooms, assigned schools, construction type, and other important details entered by the MLS listing agent.

Additional Information

Also, review local property tax information and the current listing status (active, under contract, or pending). When available, numerous property features such as greenbelt locations, views, swimming pools, and neighborhood amenities including parks and golf courses will be listed.

 

Ready to find your dream home in Texas under $500K? Browse our listings and get in touch with our friendly team at Spyglass Realty. We’re here to assist you every step of the way. Contact us today to schedule a consultation or a property tour.