Austin - Southwest Homes under $500,000

Austin - Southwest Homes under $500,000

Welcome to the vibrant Southwest Austin, a gem nestled in the heart of Texas that perfectly blends urban sophistication with the charm of nature. Known for its rolling hills, picturesque landscapes, and a thriving cultural scene, this region is an ideal place for families, young professionals, and anyone seeking a lively yet relaxed lifestyle.

In Southwest Austin, you’ll find a diverse array of homes, and yes, there are fantastic options available for under $500,000! Whether you’re in the market for a cozy single-family home, a stylish condo, or a modern townhouse, there’s something for everyone without breaking the bank. With the real estate market continually evolving, this area offers great value and the opportunity for long-term investment.

Living in Southwest Austin means you’re just a short drive from the bustling downtown area, where you can enjoy an eclectic mix of restaurants, music venues, and art galleries. For outdoor enthusiasts, the nearby parks and trails provide ample opportunities for hiking, biking, and soaking up the Texas sun. The region is also home to top-notch schools, making it an excellent choice for families looking to settle down.

As you explore the Southwest Austin real estate market, you’ll discover that this area isn’t just about beautiful homes; it’s about a lifestyle rich in community, culture, and convenience. Don’t miss your chance to be a part of this dynamic neighborhood! Whether you're a first-time homebuyer or looking to invest, Southwest Austin is waiting to welcome you home.

Newest Austin - Southwest Homes under $500,000

1516 Catalan Rd Unit 502, Austin
$314,999
3 Beds ⋅ 3 Baths ⋅ 2033399 MLS ⋅ 78748 Zip Code
Welcome to an exceptional opportunity for affordable Southwest Austin living in the desirable Smithfield community! Offering approximately 1,565 square feet, this spacious residence combines comfort, convenience, and an unbeatable South Austin location. The thoughtfully designed floor plan provides generous living space with plenty of room to work from home, entertain, or simply relax. Enjoy the ease of low-maintenance living while still having the space and feel buyers want in a home—all at an approachable price point for Austin. Location is a standout. Situated just off the Menchaca/Slaughter corridor, you’re minutes from some of South Austin’s favorite restaurants, coffee shops, neighborhood bars, and entertainment, including Moontower Saloon, South Austin Beer Garden, Lulu’s, and more. Everyday conveniences, shopping, and major roadways are also nearby, making it easy to enjoy everything Southwest Austin has to offer while maintaining convenient access to the rest of the city. Whether you’re a first-time buyer, downsizing, or simply looking for more space at an affordable price in Austin, 1516 Catalan Road #502 delivers an incredible combination of location, lifestyle, and value.

1516 Catalan Rd Unit 502, Austin
2931 Cohoba Dr, Austin
$449,988
3 Beds ⋅ 2 Baths ⋅ 3461290 MLS ⋅ 78748 Zip Code
Beautifully refreshed and move-in ready, this three-bedroom, two-bath home sits on a corner lot in desirable Cherry Creek. Fresh paint and replaced carpet create a welcoming backdrop for a versatile layout. Just inside the entry, an open flex space offers endless possibilities for a home office, playroom, second living area or formal dining room. At the heart of the home, the kitchen features quartz countertops, stainless steel appliances and a center island with seating. The adjoining breakfast area flows into the main living room, creating a seamless setting for everyday living and entertaining. The spacious primary suite offers a walk-in closet and a spa-like bathroom with dual vanities, a walk-in shower and a soaking tub. Two guest bedrooms feature step-in closets and share a full bathroom with a shower/tub combination. A conveniently located laundry room leads toward the garage, where ample built-in cabinetry provides additional storage. Enjoy the outdoors from the screened-in porch or covered patio, with a low-maintenance yard ideal for an easy lock-and-leave lifestyle. Conveniently located near H-E-B, Central Market, Starbucks, local restaurants and entertainment, with quick access to MoPac and nearby schools. Thoughtful updates, flexible spaces and a sought-after South Austin location make this Cherry Creek home a beautiful place to settle in.

2931 Cohoba Dr, Austin
12005 Salvador St, Austin
$249,999
3 Beds ⋅ 2 Baths ⋅ 7135389 MLS ⋅ 78748 Zip Code
Welcome to this beautiful under construction mid November delivery home located in the desirable Estancia community in South Austin. This thoughtfully designed single-story home features 3 bedrooms, 2 bathrooms, and a two-car garage. The open-concept floor plan creates a bright and inviting living space that flows seamlessly between the kitchen, dining, and living areas—perfect for everyday living and entertaining. Enjoy a private fenced yard ideal for relaxing, outdoor gatherings, or family time. With modern finishes and a functional layout, this home offers comfort, convenience, and great family living in one of South Austin’s growing communities with easy access to shopping, dining, and major roadways. Affordable Housing restrictions apply, buyer must not exceed 80% MFI income limit. Call agent for details.

12005 Salvador St, Austin
2018 Chaparral Park Rd, Manchaca
$455,000
3 Beds ⋅ 2 Baths ⋅ 6588456 MLS ⋅ 78652 Zip Code
The classic brick exterior anchors this single-story ranch home featuring an elevated front porch entry. Situated on 2.28 acres of Texas countryside in Manchaca, this property offers a peaceful setting with a winding paved driveway framed by mature trees. A covered entry porch with metal railings leads into the home, which features a shingle roof and screens on the windows. Inside, the entry foyer leads into an open floorplan with hardwood floors. The living room features beamed ceilings, a ceiling fan, and a stone fireplace. The kitchen is equipped with granite counters, stone counters, an electric cooktop, double oven, dishwasher, microwave, and refrigerator, complete with a breakfast bar, built-in features, track lighting, and a tray ceiling. This 1506-square-foot home includes three bedrooms and two full bathrooms. The bedrooms offer varied finishes, including carpet, ceiling fans, blinds, and wood-look laminate flooring. The bathrooms are finished with tile flooring, granite counters, stone counters, and a walk-in shower with floor-to-ceiling tiling and custom stone details. Outside, the fenced yard with chain link fencing features a screened porch with concrete flooring that overlooks the private yard and garden. The property includes a garage, a detached carport, a gravel driveway, an RV carport, two storage sheds, and a dedicated well house. The back of the home is finished with wood siding and features a metal roof, an outside fireplace, and neighborhood views. Experience peaceful country living with convenient access to Austin, remaining just minutes from shopping, dining, entertainment, and major commuter routes. Review the survey to appreciate all that this acreage property has to offer and schedule a private showing today.

2018 Chaparral Park Rd, Manchaca
11137 Lost Maples Trl, Austin
$275,000
2 Beds ⋅ 3 Baths ⋅ 9609568 MLS ⋅ 78748 Zip Code
Welcome to this charming South Austin townhome offering comfortable living, thoughtful updates, and an ideal location near the best of South Austin. This 2-bedroom, 2.5-bath home features 1,236 square feet with an inviting open-concept layout, multiple living areas, an upstairs loft/game room, and a convenient breakfast bar. The home also offers an attached one-car garage, private fenced backyard, and rear porch—perfect for relaxing or entertaining. Recent designer-inspired updates include stained concrete flooring, updated bathroom fixtures, custom wallpaper, and stylish touches throughout. Residents also enjoy access to the community pool and guest parking. Conveniently located near South Austin restaurants, bars, food trucks, shopping, entertainment, and some of the best hiking and biking trails in the area, this home offers an appealing combination of low-maintenance living and convenient access to everything Austin has to offer.

11137 Lost Maples Trl, Austin
10303 Gail Rd Unit 1, Austin
$500,000
3 Beds ⋅ 3 Baths ⋅ 9149911 MLS ⋅ 78748 Zip Code
Contemporary architecture, refined finishes, and an exceptional South Austin location define The Gail Project. This luxury freestanding residence offers a thoughtfully designed modern layout complemented by luxury vinyl plank flooring, LED lighting throughout, and energy-efficient spray foam insulation. At the heart of the home, the kitchen pairs style with function, featuring stainless steel appliances, a generous center island, pot filler at the range, and a dramatic backsplash extending to the ceiling. A custom-designed nook beneath the staircase adds built-in shelving and a desk, creating an elegant and efficient space for working from home or everyday organization. Upstairs, the primary suite opens to a private balcony terrace, offering a seamless extension of the living space. The conveniently located laundry closet keeps daily routines close at hand, while contemporary baths are finished with LED-lit mirrors and layered lighting for a polished, sophisticated ambiance. Outdoors, a private yard enclosed by wrought iron fencing provides space to relax, entertain, or enjoy Austin’s year-round outdoor lifestyle, while an attached one-car garage adds everyday convenience. Ideally positioned near the vibrant Manchaca and Slaughter corridors, The Gail Project places you moments from an evolving collection of South Austin dining, entertainment, retail, coffee shops, and neighborhood favorites. Surrounded by the energy and continued growth of South Austin, this distinctive residence offers a sophisticated interpretation of modern Austin living—where thoughtful design, private outdoor space, and an increasingly sought-after location come together beautifully.

10303 Gail Rd Unit 1, Austin
2304 Sentiero Walk, Austin
$395,000
3 Beds ⋅ 3 Baths ⋅ 8320319 MLS ⋅ 78748 Zip Code
Welcome home to this stunning detached condo that lives like a single-family home in the heart of South Austin! Nestled in the boutique Lynnbrook Village community of just 25 residences, this beautifully staged 2-story gem offers the perfect blend of low-maintenance living and spacious comfort. Step inside to soaring two-story ceilings, an abundance of natural light, and an open-concept layout that seamlessly connects the living, dining, and kitchen areas — you have to see those ceilings in person to truly appreciate them! The gourmet kitchen features quartz countertops, a center island with seating, stainless steel appliances, and ample cabinet storage. Upstairs you'll find 3 spacious bedrooms including a serene primary suite with tray ceiling, private ensuite with double vanity and walk-in shower, and a stunning view of mature trees. Enjoy Texas evenings on your covered back patio — ready for entertaining — with a private, fenced backyard. Attached 2-car garage, xeriscape front landscaping, and washer/dryer included. Conveniently located between IH-35 & Mopac on the thriving Menchaca corridor — minutes to Moontower, Bouldin Acres, Armadillo Den, Southpark Meadows, and Bauerle Ranch Park with miles of trails. This one shows better in person!

2304 Sentiero Walk, Austin
6103 Smith Oak Trl, Austin
$499,000
3 Beds ⋅ 2 Baths ⋅ 5670579 MLS ⋅ 78749 Zip Code
Home for sale in the desirable Westcreek neighborhood. Spacious open living and dining area with a fireplace. Access deck through sliding glass doors for an evening outside or an afternoon of grilling. Two secondary bedrooms on first floor. Second floor is entirely primary bedroom and bath. Two car garage for vehicles or storage of tools and recreational equipment. Large back yard perfect for outdoor gatherings or playing with dogs. Easy access to Highway 290, close to MoPac. Close to Small Middle School, Patton Elementary, and the Southwest YMCA. Minutes from The Shops at Arbor Trails.

6103 Smith Oak Trl, Austin
1704 Mcclannahan Dr, Austin
$465,000
4 Beds ⋅ 3 Baths ⋅ 3177418 MLS ⋅ 78748 Zip Code
Welcome to 1704 McClannahan Drive, a South Austin home offering inviting curb appeal, a covered front porch, mature shade trees, and three-sided stone masonry. Step inside to a wide foyer with a large office/flex room located near the entry, ideal for working from home, study space, or an additional living area. The long hallway leads into the main living area, where a fireplace with mantle creates a warm central gathering space. The dining area offers room for a 6–8 person table and connects comfortably to the kitchen, which features granite countertops, tile backsplash, and a functional layout for everyday living and entertaining. Upstairs, the primary bedroom and secondary bedrooms provide separation from the main living areas. An additional upstairs room offers flexibility for a media room, game room, hobby space, or extra bedroom use. Enjoy outdoor living in the large backyard with an extended covered patio, flower beds, benches, and plenty of room to relax, garden, entertain, or create your own outdoor retreat. The South Austin location offers convenient access to shopping, dining, parks, major roadways, and everyday services while still providing a neighborhood setting.

1704 Mcclannahan Dr, Austin
10624 Garbacz Dr, Austin
$297,000
3 Beds ⋅ 2 Baths ⋅ 3162621 MLS ⋅ 78748 Zip Code
Completely turnkey and meticulously maintained! Enjoy ultimate peace of mind with a 4yo roof and a 10yo HVAC system. Inside, modern 5yo renovations feature a fully updated kitchen and refreshed flooring, offering a stylish and worry-free living space. The backyard is a spacious and fenced, with mature trees, a gazebo, storage shed, and plenty of room to play or unwind. This two-story Saddlewood Estates home sits in the heart of South Austin, just off Manchaca where eclectic local flavor, iconic hangouts, live music, an outdoor recreation capture the best of the South Austin lifestyle.

10624 Garbacz Dr, Austin
1404 Wheatfall Ln, Austin
$385,000
3 Beds ⋅ 2 Baths ⋅ 1404948 MLS ⋅ 78748 Zip Code
Single-story South Austin living with space to gather and room to retreat. This three-bedroom, two-bath home features an open layout connecting the spacious living area to a kitchen with breakfast-bar seating, keeping conversation flowing from everyday meals to weekend gatherings. Bedrooms are positioned apart from one another for added privacy, while a separate study offers flexibility for a home office, creative space or second living area. A sunroom provides another inviting spot to unwind, and the backyard deck extends the living experience outdoors with room for dining, relaxing and entertaining. Set in Austin’s 78748 ZIP code, 1404 Wheatfall Lane brings together a practical floor plan, versatile spaces and comfortable indoor-outdoor living.

1404 Wheatfall Ln, Austin
9624 Alex Ln, Austin
$425,000
3 Beds ⋅ 2 Baths ⋅ 1997245 MLS ⋅ 78748 Zip Code
Hard-to-Find Single-Story Living in the Reserves at Southpark Meadows! Tucked into this desirable South Austin community, this inviting home offers the ease of single-story living, a wonderfully private backyard, and an ideal location that puts shopping, dining and everyday conveniences just a short walk or drive away. Inside, a light-filled open floor plan creates an immediate sense of warmth, with hardwood and tile flooring, a neutral color palette and a beautiful limestone fireplace anchoring the spacious living room. Designed for both everyday life and easy entertaining, the generous kitchen features natural granite countertops, warm wood cabinetry, stainless steel appliances, abundant counter space, a large walk-in pantry, built-in wine refrigerator and wine rack--all opening seamlessly to the main living areas. The spacious primary suite offers a comfortable retreat with a private en suite bath featuring dual vanities and an oversized walk-in shower. Step outside and the lifestyle continues with a covered porch overlooking a fully fenced backyard shaded by mature trees, creating a private setting for morning coffee, weekend gatherings or evenings around the fire pit. Window blinds, recessed lighting and ceiling fans add comfort and convenience throughout. And when you’re ready to venture out, Southpark Meadows is just a short walk away, with H-E-B, South Congress and an array of shopping, dining and entertainment nearby. Easy access to major roadways also keeps Downtown Austin and the airport within convenient reach. A rare opportunity to enjoy space, privacy and single-story living without giving up the energy and convenience of South Austin.

9624 Alex Ln, Austin
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