Austin - South Homes under $500,000

Austin - South Homes under $500,000

Welcome to South Austin, a vibrant and eclectic neighborhood that perfectly captures the spirit of Texas’ capital city. Known for its lively music scene, mouthwatering food options, and a strong sense of community, South Austin is an ideal place for those looking to embrace a unique lifestyle while enjoying the comforts of home.

Nestled within Travis County, this area is celebrated for its rich cultural diversity and artistic flair. From the iconic murals that adorn the streets to the bustling farmers' markets, South Austin is a feast for the senses. Residents and visitors alike can explore the numerous parks, including the expansive Zilker Park, which offers a serene escape from the urban hustle and bustle, perfect for picnics, jogging, or enjoying a sunny day by the water.

For homebuyers seeking affordability without sacrificing charm, South Austin is a treasure trove of opportunities. With homes priced under $500,000, you can find a variety of options that cater to different tastes and lifestyles. Whether you’re looking for a cozy bungalow, a modern townhouse, or a stylish condo, the real estate market here offers something for everyone.

Living in South Austin means being part of a community that values creativity and connection. Enjoy local coffee shops, boutique stores, and live music venues that make this area truly special. With its friendly atmosphere and accessible amenities, South Austin is not just a place to live; it’s a place to thrive. Discover your dream home in this dynamic neighborhood today!

Newest Austin - South Homes under $500,000

2626 Piping Rock Trl, Austin
$379,000
4 Beds ⋅ 2 Baths ⋅ 6220868 MLS ⋅ 78748 Zip Code
Welcome to this charming single-story home tucked away on a cul-de-sac in an established South Austin neighborhood. Set on an oversized lot of more than a quarter acre with mature trees and no direct neighbors behind, the property offers plenty of outdoor space and potential for an ADU, subject to applicable requirements. Inside, popcorn ceiling removed, fresh interior paint, new luxury vinyl flooring and new carpet create a clean, updated feel. The flexible floor plan includes 4 bedrooms and 2 baths, with the converted garage currently providing additional living space that could serve as a 4th bedroom, home office or game room while still offering some existing garage storage. Or prefer a traditional garage? The space could also be converted back into a full garage with a Seller closing cost credit (ask your agent about it). Additional updates include a roof replaced in 2020 and water heater in 2025. Best of all, there is no HOA! Enjoy a convenient South Austin location close to H-E-B, schools, parks, shopping and dining, with the Menchaca entertainment district just about a mile away and local favorites including Armadillo Den, The Hive and Moontower Saloon nearby. Southpark Meadows and major highways provide even more shopping, dining and commuter convenience, while downtown Austin is approximately 12 miles away. A great opportunity to enjoy space, flexibility and an ideal South Austin location!

2626 Piping Rock Trl, Austin
6611 Boleynwood Dr, Austin
$379,900
3 Beds ⋅ 2 Baths ⋅ 4527613 MLS ⋅ 78745 Zip Code
Come home to this beautifully remodeled ranch in the heart of Cherry Creek, one of South Austin’s most desirable neighborhoods, just minutes from Stephenson Nature Preserve, Garrison Park, Sunset Valley Nature Preserve, the Sunset Valley Farmers Market, Lifetime Fitness, Café Malta, Costco, Chuy’s, Hopdoddy, Starbucks, and Summermoon. The fully updated interior features fresh paint, new flooring, doors, and lighting throughout, while the kitchen and bathrooms shine with designer tile and high-end gold finishes. This excellent South Austin home offers the perfect blend of location and modern updates—schedule your showing today and put down roots here.

6611 Boleynwood Dr, Austin
2702 S 2nd St Unit 1 & 2, Austin
$300,000
5 Beds ⋅ 6 Baths ⋅ 7515221 MLS ⋅ 78704 Zip Code
Tucked into Austin’s 78704, 2702 S 2nd St offers two homes, one address — each with its own story. Up front, a restored 1948 bungalow blends original character with modern comfort: refinished pine floors and siding, a covered porch with masonry addition, antique pineapple pendants paired with contemporary ceiling fans. Recent updates include a new roof, insulation, tankless water heater, reconstituted exterior drainage, full gutters, Masonite siding on newer additions, and all-new bathroom tile, carpet, tubs, and toilets. 989 sq ft, 3 bed/2.5 bath. Out back, a fully renovated 1999 two-story home brings contemporary elegance: an oversized kitchen with custom cabinetry, stone counters, a dining island, and marble backsplash, finished with new Bosch and Samsung Bespoke appliances. Also updated: roof, insulation, lighting, bath hardware, cabinetry, tubs, tile, carpet, hardwoods, gutters, plus a new laundry room addition and marble/luxury tiling throughout. 1,460 sq ft, 2 bed/2.5 bath, flex study, private balcony. Together: roughly 2,449 sq ft of renovated living space on a 0.14-acre lot, appraised at a combined $1,102,000 (July 2025). Minutes from South Congress, Zilker Park, and downtown — live in one and rent the other, or add two move-in-ready units to a portfolio in a single bid.

2702 S 2nd St Unit 1 & 2, Austin
907 Sleepy Dell Ln, Austin
$380,000
3 Beds ⋅ 3 Baths ⋅ 4359981 MLS ⋅ 78748 Zip Code
Welcome home to the vibrant energy of South Austin at 907 Sleepy Dell - a well designed 3-bedroom, 2.5-bathroom detached 2 story condo that combines contemporary living in suburban comfort with city convenience. Minutes from downtown, Southpark Meadows shopping and dining, the Menchaca entertainment district featuring the Moontower Saloon, Mary Moore Searight Park's 3 pickleball courts, this home shines with natural light that highlights fresh interior paint. The main level offers a primary suite with dual vanities, walk-in & linen closet, and fully tiled bathtub/shower. Upstairs includes two bedrooms, a full bath with walk-in shower and a flexible second living area ideal for work or relaxing. The 2 car garage has been updated with new epoxy coating. The Searight neighborhood offers a convenient dog park just steps away. Around the corner, Mary Moore Searight Metropolitan Park offers 344 acres of hiking, biking, disc golf, and the Veloway biking/skating track; perfect for daily exercise and weekend fun. Families will appreciate proximity to Casey Elementary, Paredes Middle, and Akins High School. Commuters will love quick access to I-35 and Mopac. Schedule your private tour today!

907 Sleepy Dell Ln, Austin
2420 Drew Lane #2, Austin
$399,000
3 Beds ⋅ 3 Baths ⋅ 3869718 MLS ⋅ 78748 Zip Code
Welcome to Drew Lane, a boutique new construction community tucked away in the heart of South Austin! This to-be-built Laurel floor plan offers thoughtfully designed living spaces with the opportunity to personalize your home through available upgrades and finishes. Enjoy low-maintenance living with HOA-maintained lawn care, a community dog park, and a location that puts you minutes from the popular restaurants, coffee shops, and live music along Menchaca Road. Whether you're grabbing your morning coffee, meeting friends for dinner, or enjoying a night out, the best of South Austin is right around the corner. Experience the charm of an established neighborhood with the comfort and convenience of a brand-new home!

2420 Drew Lane #2, Austin
2410 Drew Lane #2, Austin
$339,000
2 Beds ⋅ 3 Baths ⋅ 1099122 MLS ⋅ 78748 Zip Code
Welcome to Drew Lane, a boutique new construction community tucked away in the heart of South Austin! This to-be-built Oakdale floor plan offers thoughtfully designed living spaces with the opportunity to personalize your home through available upgrades and finishes. Enjoy low-maintenance living with HOA-maintained lawn care, a community dog park, and a location that puts you minutes from the popular restaurants, coffee shops, and live music along Menchaca Road. Whether you're grabbing your morning coffee, meeting friends for dinner, or enjoying a night out, the best of South Austin is right around the corner. Experience the charm of an established neighborhood with the comfort and convenience of a brand-new home!

2410 Drew Lane #2, Austin
8709 Cretys Cv, Austin
$424,900
4 Beds ⋅ 3 Baths ⋅ 3944176 MLS ⋅ 78745 Zip Code
Updated 4-bedroom, 2-full and 1-half bath home in South Austin’s Cherry Creek neighborhood, offering great value and easy access to MoPac and downtown. New in 2026: driveway and floor tile. Earlier updates include kitchen and bathroom cabinets and countertops, bathroom tile and sink fixtures, stainless steel appliances, a washer and dryer, and updated light fixtures. Out back, a private yard surrounded by trees features a patio and pergola. A pre-inspection has been completed with several items already addressed, giving buyers added confidence. Come see all this home has to offer. Some images in the listing have been virtually staged, Buyer to verify all information. Owner/Agent

8709 Cretys Cv, Austin
1407 Airedale Rd Unit 1104, Austin
$252,900
3 Beds ⋅ 3 Baths ⋅ 6477083 MLS ⋅ 78748 Zip Code
Welcome to 1407 Ardale, a beautifully designed three bedroom, two and a half bathroom condo in one of South Austin's most convenient locations. Offering an open floor plan with two spacious living areas, this home provides the flexibility today's buyers are looking for. The private fenced backyard is perfect for relaxing, entertaining, or giving pets room to play, while the rare setting with no neighbors to the right adds an extra sense of privacy. A two car attached garage provides plenty of parking and storage. Located just minutes from South Menchaca, you'll enjoy easy access to some of Austin's best local restaurants, breweries, coffee shops, live music venues, and parks, with quick access to downtown, Mopac, and SH 45. The area is served by highly regarded schools, making it an excellent option for a variety of buyers. Priced aggressively to stand out in today's market, this property presents an outstanding opportunity for both owner occupants and investors alike. Whether you're looking for your next home or a smart addition to your investment portfolio, this is a value that's hard to beat.

1407 Airedale Rd Unit 1104, Austin
2637 Alcott Ln, Austin
$475,000
3642230 MLS ⋅ 78748 Zip Code
A well-maintained South Austin duplex with two spacious units, each offering 2 bedrooms and 2 bathrooms. Roof replaced and full exterior repainted in September 2026. Both units are vacant and move-in ready. Easy-maintenance tile flooring runs throughout both units, and the kitchens are well-equipped with generous cabinet storage and appliances included. Living areas are bright and welcoming, with abundant natural light, a fireplace, and a fenced private yard for each unit — details that make every day comfortable and the space feel like home. The location delivers real convenience. Tucked between Mopac and I-35, residents enjoy quick access to employment corridors, shopping, dining, and everything South and Central Austin has to offer. A property with two units, two yards, and one address that puts all of Austin within easy reach. Buyer to verify all info.

2637 Alcott Ln, Austin
4315 S Congress Ave Unit 221, Austin
$454,750
2 Beds ⋅ 2 Baths ⋅ 8874042 MLS ⋅ 78745 Zip Code
As low as 4.25% interest rate for a limited time for qualified buyers! Discover this two-bedroom corner residence at Congress Lofts, featuring a spacious wraparound terrace, walls of windows and abundant storage. Soaring 9’5” ceilings, wide-plank flooring and oversized 8-by-8-foot Quaker windows fill the home with natural light. The open kitchen showcases imported Italkraft Italian cabinetry, quartz countertops and a premium Bosch appliance package, with a generous living area that opens to the terrace for easy entertaining. Both bedrooms offer bright, comfortable retreats, while plentiful storage adds everyday convenience. The planned ground-floor Quickie Pickie café and market will bring coffee, fresh food and neighborhood essentials just steps from your door. Enjoy resort-style amenities including a pool, courtyard with an outdoor kitchen, Big Green Egg and fire pit, trellis garden, dog park and pet spa, library lounge, and controlled-access parking. Located in the vibrant St. Elmo Arts District, Congress Lofts offers convenient access to the Yard, SoCo, Zilker Park, Lady Bird Lake, the new H-E-B and Downtown Austin. Limited residences remain. Schedule your tour today!

4315 S Congress Ave Unit 221, Austin
4315 S Congress Ave Unit 410, Austin
$310,000
1 Beds ⋅ 1 Baths ⋅ 7121310 MLS ⋅ 78745 Zip Code
As low as 4.25% financing available for a limited time for qualified buyers! Quickie Pickie’s planned ground-floor location will add neighborhood convenience with coffee, fresh food, beer, wine and outdoor seating. This home features an exceptionally spacious living area and a generous terrace overlooking the amenity and pool deck. The open layout provides ample room for distinct living and dining spaces, while 9'5" ceilings, oversized Quaker windows and wide-plank LVT flooring create a bright, welcoming interior. The kitchen features Italkraft Italian cabinetry, quartz countertops and Bosch appliances, flowing into the expansive living area and out to the terrace for easy entertaining. Located in the vibrant St. Elmo Arts District, Congress Lofts offers a library lounge, gallery lobby, pool courtyard, outdoor kitchen, fire pit, trellis garden, dog park and wash station, and controlled-access parking. Enjoy nearby favorites at The Yard, plus convenient access to South Lamar, Downtown, Zilker Park and Lady Bird Lake.

4315 S Congress Ave Unit 410, Austin
5002 Buckskin Pass, Austin
$399,000
3 Beds ⋅ 2 Baths ⋅ 8309767 MLS ⋅ 78745 Zip Code
Cared for by its original owner since 1969, this 3-bedroom, 2-bath home is a true time capsule. Its original floor plan, solid construction, and vintage details remain intact, features that many homes from this era have long since lost. Decades of steady care have it ready for its next chapter. The family room, anchored by a cozy fireplace, opens to the dining area and kitchen, creating an easy flow for everyday living and entertaining. The kitchen offers period charm, while three bedrooms provide room for family, guests, or a home office. Outside, the large lot offers space to garden, play, and entertain, framed by mature landscaping that reflects more than fifty years of growth. The two-car garage provides parking plus room for storage, a workshop, or hobbies. Preserve its mid-century character or update it to your own taste. Either way, this home has great bones. One-owner homes like this rarely come to market, so bring your vision and make it yours.

5002 Buckskin Pass, Austin
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