Austin - Southwest Homes under $500,000

Austin - Southwest Homes under $500,000

Welcome to the vibrant and eclectic Southwest region of Austin, Texas, where urban sophistication meets the charm of the great outdoors. Known for its lively culture, rich history, and stunning landscapes, this area is a hidden gem for homebuyers seeking an affordable slice of Austin life.

With homes available under $500,000, the Southwest Austin market offers an array of options that cater to various lifestyles. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find cozy single-family homes, modern townhouses, and inviting condos that fit your budget without compromising on quality.

Living in Southwest Austin means embracing a lifestyle filled with adventure and convenience. Enjoy easy access to the majestic Barton Creek Greenbelt, where hiking, biking, and nature walks are at your doorstep. The area is also known for its top-notch schools, making it an ideal location for families. Plus, with a plethora of dining, shopping, and entertainment options nearby, you’ll never run out of things to do.

Austin's renowned music scene, vibrant nightlife, and cultural festivals are just a short drive away, ensuring that you remain connected to the pulse of the city while enjoying the tranquility of suburban living.

In Southwest Austin, you’ll discover not just a home, but a lifestyle that embraces the best of Texas living. Explore the possibilities today and find your perfect home in this dynamic and welcoming community!

Newest Austin - Southwest 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
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
9402 Claxton Dr, Austin
$459,000
3 Beds ⋅ 3 Baths ⋅ 3743276 MLS ⋅ 78736 Zip Code
Located in desirable Westview Estates, this 2-story home sits on a spacious 1.117-acre lot and offers an exciting opportunity to create a property that truly feels like your own. Built in 1991, the home features 3 bedrooms, 2.5 baths, 2 dining areas and a bonus room, providing plenty of space and flexibility for a variety of needs. The home will need remodeling, but many of the key ingredients are already here, including newer windows, a generous lot, and a convenient location. Outside, the property offers two storage sheds and an area that could be transformed into a garden, workshop space, or additional outdoor retreat. Enjoy being close to the Oak Hill Social and a nearby food truck park offering a variety of dining options, making it easy to grab a meal, meet friends, or enjoy the local neighborhood scene. Recent completion of the new construction along Highway 290 also provides improved access and makes getting through the “Y” at Oak Hill easier and more convenient. With its expansive acreage, established setting, and plenty of room to reimagine both the home and grounds, this property offers lots of potential for renovation, personalization, and outdoor living. Bring your vision and take advantage of the space, location, and possibilities that 9402 Claxton has to offer. A great opportunity to create something special in a convenient West Austin location!

9402 Claxton Dr, Austin
6718 Silvermine Dr Unit 103, Austin
$124,900
2 Beds ⋅ 2 Baths ⋅ 5242109 MLS ⋅ 78736 Zip Code
This is a Fannie Mae Property. Seller has requested all Offers be presented online at HomePath.FannieMae. Terrific Condo 1 mile from the Oak Hill Y ~Great Location! From Ground Floor entry, step inside to a Large Living /Dining Area accented with attractive Built-Ins, Large, picture Window and glass door to private Garden-Style Patio ~Updated Kitchen is highlighted with Granite Countertops, Stainless Sink and Appliances ~Other updated Features include 2-Tone Paint, Flooring and Ceiling Fans ~Upstairs Bedrooms and Bath have access to Covered Balcony ~Close to the Pool-Fun for All~ Spacious + a 2 Bedroom! make this home a Standout. Check It Out! **Buyers, complete the HomePath Ready Buyer homeownership course on Homepath. Attach the certificate to your offer for up to 3% closing cost assistance. Check HomePath for more details. Restrictions apply.**

6718 Silvermine Dr Unit 103, 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
3702 Kandy Dr, Austin
$330,000
3 Beds ⋅ 2 Baths ⋅ 6909984 MLS ⋅ 78749 Zip Code
INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 3702 Kandy Dr is a single-story Austin home with three bedrooms, two bathrooms and 1,121 square feet of living area. White cabinetry lines the kitchen, which includes a gas range, microwave, refrigerator and dishwasher. A bay-window dining nook sits beside the kitchen, while a fireplace and ceiling beam give the living room a distinct focal point. The primary bedroom has an adjoining bathroom with a double vanity and tub-shower combination. Two additional bedrooms share a hall bathroom. A rear yard and small patio provide outdoor space, and an attached two-car garage completes the layout. Included 100-Day Home Warranty with buyer activation

3702 Kandy Dr, 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
5626 Wagon Train Rd, Austin
$375,000
3 Beds ⋅ 2 Baths ⋅ 7287259 MLS ⋅ 78749 Zip Code
Classic Austin character, an established neighborhood, and an opportunity to make it your own. Built by J.W. Smith, 5626 Wagon Train sits on a generous 70-by-120-foot lot with mature trees and a shaded backyard. Inside, the family room showcases a signature vaulted ceiling and a statement fireplace, creating an inviting focal point for your future updates. Largely original, the home offers a canvas for buyers ready to bring their vision to life while preserving its distinctive architectural charm. Enjoy neighborhood sidewalks, no HOA, and convenient access to Dick Nichols Park and Pool, the Violet Crown Trail, Whole Foods, Costco, and nearby dining. Downtown Austin is approximately 15 minutes away when traffic allows, putting city amenities within easy reach of this established setting. Whether your style leans toward a thoughtful refresh or a complete transformation, this home offers the character, lot size, and location to create something special.

5626 Wagon Train Rd, Austin
806 Tensley Trl, Austin
$459,000
3 Beds ⋅ 3 Baths ⋅ 6014285 MLS ⋅ 78748 Zip Code
Welcome to this inviting Southwest Austin home featuring 3 bedrooms, 2.5 bathrooms, and a dedicated home office! The pristine white kitchen opens to the inviting living area, creating a bright and welcoming space centered around a cozy fireplace. Vinyl flooring flows throughout the main areas, with carpet in the bedrooms, and all flooring is just three years old. Step outside to enjoy the pergola-covered front patio and a backyard designed for relaxation, complete with a screened-in patio, sparkling pool, and low-maintenance xeriscaping. Conveniently located near shopping, restaurants, and entertainment, this home offers a wonderful blend of comfort, style, and outdoor enjoyment.

806 Tensley Trl, Austin
10024 Dawn Pearl Dr, Austin
$479,999
4 Beds ⋅ 2 Baths ⋅ 7903747 MLS ⋅ 78748 Zip Code
Welcome to this beautiful 4-bedroom, 2-bathroom home in the desirable Messinger Villages community in South Austin! Built in 2021, this well-maintained two-story residence offers approximately 2,381 square feet of thoughtfully designed living space with an open and inviting floor plan and upstairs loft for additional entertainment space. Creative touches are sprinkled throughout the home to provide a unique feel. A spacious kitchen and living area, double vanities, walk-in closets, and a combination of tile, LVP, and carpet flooring. Enjoy the convenience of an attached two-car garage, dedicated laundry room, and a private yard with a covered patio—perfect for relaxing or entertaining. Located near parks, shopping (Southpark Meadows is minutes away along with 2 large HEBs, dining, and major roadways, with easy access to downtown Austin and surrounding areas. Built in generator and solar panels makes for a very energy efficient home. A true lock-and-leave setup!

10024 Dawn Pearl Dr, Austin
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