Austin - Southwest Homes under $500,000

Austin - Southwest Homes under $500,000

Welcome to the vibrant and eclectic Southwest region of Austin, Texas, where the charm of suburban living meets the energy of city life! Known for its stunning landscapes, rich cultural scene, and a thriving community, Southwest Austin is a hidden gem that offers something for everyone.

This area boasts an array of outdoor activities, from hiking trails in the nearby Barton Creek Greenbelt to scenic picnics at Zilker Park. Families will appreciate the top-rated schools and family-friendly neighborhoods, while food enthusiasts can indulge in a variety of local eateries that showcase Austin's famed culinary scene. With live music venues and art galleries just a short drive away, residents can immerse themselves in the city’s renowned arts culture.

For those looking to settle down in this lively area, there is an impressive selection of homes available for under $500,000. Whether you're a first-time homebuyer, a growing family, or an investor seeking rental opportunities, Southwest Austin offers a diverse range of properties that can cater to your needs. From charming single-family homes to modern townhouses, you'll find a variety of styles and sizes that fit your budget without compromising on quality.

With its unique blend of natural beauty, cultural richness, and affordable housing, Southwest Austin is not just a place to live; it's a lifestyle. Discover your dream home in this dynamic community, where every day feels like an adventure waiting to unfold!

Newest Austin - Southwest Homes under $500,000

13100 Alans Way, Austin
$469,999
3 Beds ⋅ 3 Baths ⋅ 6281245 MLS ⋅ 78652 Zip Code
Welcome to South Austin Hill Country living in the highly sought-after Hills of Bear Creek with an easy commute to Downtown Austin! This well-maintained 4 BD/2.5 BA home features a desirable floor plan with a private main-level owner’s suite downstairs. Highlights include a cozy enclosed back porch and a spacious, meticulously landscaped and manicured yard offering total rear privacy with no back neighbors. Bonus flex space includes a large storage building—ideal for a she-shed, man cave, studio, or workshop! Resort-style community amenities feature a Jr. Olympic pool, recreation center, and scenic hike/bike trails.

13100 Alans Way, Austin
8406 Cockney Dr, Austin
$359,900
2 Beds ⋅ 1 Baths ⋅ 1685174 MLS ⋅ 78748 Zip Code
Featuring a contemporary interior, this 2-bedroom bungalow pairs its updated design with the original home’s character. At the end of a cul-de-sac in a quiet South Austin neighborhood, the residence features a vaulted ceiling that complements the marble-tiled wood-burning fireplace, with a cozy living room that opens to the dining area. The wide-planked oak flooring turns into the white oak-washed kitchen with alabaster quartz countertops. This uniformity continues into the expansive, storage-laden bathroom and opens to a full niche, ceiling-high tiled shower. With generous dimensions and a walk-in closet, the primary bedroom offers great natural light and tranquil backyard views. A fresh landscape welcomes you into the home, with xeriscape features and backyard trees that provide shade on bright days. Step outside to your patio and fully fenced backyard when you want to enjoy the outdoors.

8406 Cockney Dr, Austin
1909 Gabrielles Way, Manchaca
$489,843
6 Beds ⋅ 4 Baths ⋅ 6165973 MLS ⋅ 78652 Zip Code
Spacious 6-bedroom home in the desirable Bear Creek neighborhood featuring 2 living areas and vaulted ceilings that create an inviting first impression. The spacious, open kitchen features gas appliances and offers plenty of room for cooking and entertaining. The first-floor primary bedroom and en-suite bathroom provide added convenience and privacy. Recent updates include a new HVAC system, and solar panels will convey with the property. With six bedrooms and multiple living areas, this home offers plenty of space and flexibility for a variety of living arrangements. Enjoy a convenient location in Bear Creek, surrounded by natural beauty and close to everyday amenities. Don't miss this opportunity to make this spacious home your own!

1909 Gabrielles Way, Manchaca
8611 United Kingdom Dr, Austin
$349,900
2 Beds ⋅ 1 Baths ⋅ 7529347 MLS ⋅ 78748 Zip Code
Charming South Austin cottage tucked beneath a canopy of mature trees in Buckingham Estates. This 2-bedroom, 1-bath home packs an incredible amount of personality into its thoughtfully laid-out 892 square feet, with vaulted ceilings, a stone fireplace, warm wood accents, and an easy flow between the living, dining, and kitchen spaces. The kitchen features granite countertops, stainless appliances, and a cozy dining nook filled with natural light. Both bedrooms feel spacious, including a vaulted primary, while the second bedroom works beautifully as a nursery, office, or guest room. For buyers who want something easy to maintain without giving up the things that make a house feel like home, this property offers a rare combination of a manageable footprint, attached garage, private yard, and plenty of room to host. The covered front porch adds to the curb appeal, while the large fenced backyard and patio create an easy extension of the living space for dinners outside, weekend grilling, or time with friends. All of this in a well-established South Austin neighborhood with quick access to Southpark Meadows, Slaughter Lane, Menchaca favorites, parks, coffee shops, and everyday essentials.

8611 United Kingdom Dr, Austin
10108 Aly May Dr, Austin
$419,900
3 Beds ⋅ 3 Baths ⋅ 3138344 MLS ⋅ 78748 Zip Code
Welcome to 10108 Aly May Dr, a well-maintained two-story home in Hollow at Slaughter Creek offering 3 bedrooms, 2.5 baths, approximately 2,072 sq. ft., and a 2-car attached garage. The open-concept main level features beautiful wood flooring, a spacious kitchen with granite countertops, stainless-steel appliances and a large island, flowing into the dining and family areas. Upstairs offers all bedrooms plus a flexible media/game-room space, providing versatility for work, entertaining, or relaxation. The covered back patio and pergola create an inviting outdoor retreat, while the neighborhood setting offers convenient access to nearby parks and recreation. Numerous updates provide added peace of mind and functionality. Thermostats and security cameras were replaced with newer models in April 2021. The garage received an insulated garage door and a new garage-door motor with integrated camera in May 2022. Exterior window wood trim was replaced with durable cement trim in August 2022. Cat6 Ethernet wiring was installed in the bedrooms, media room, and living room in July 2023. The fence was replaced in April 2025, including metal posts in place of the previous wood posts. Most recently, the roof was replaced in November 2025 with a TAMKO Titan XT Class 3 roofing system, and window screens were replaced at the same time as part of ongoing home maintenance. A thoughtfully updated home with improvements spanning the major exterior, garage, security, connectivity, and roofing systems—ready for its next owner.

10108 Aly May Dr, Austin
2205 Kaiser Dr, Austin
$369,990
4 Beds ⋅ 3 Baths ⋅ 9178910 MLS ⋅ 78748 Zip Code
Gorgeous South Austin home features fresh paint throughout, a recent AC, 4 bedrooms, 2.5 bathrooms, 2 living rooms, 2 dining rooms, and a huge backyard with a covered patio. A stunning, high covered front porch leads to a bright formal living room and formal dining room. kitchen is tucked away at one side of the house but open to the breakfast area and family room, ideal for both effortless maintenance and relaxing with family. The kitchen features stainless steel appliances and ample cabinet space. The spacious family room has a wall of windows overlooking a huge backyard shaded by mature trees. The primary bedroom features a wall of bright windows that give an airy, relaxing feeling and has a remodeled bathroom with a walk-in shower, double vanity sinks, and a huge walk-in closet. Other generous-sized 3 bedrooms share a second remodeled bathroom. The laundry room is conveniently upstairs. The backyard has an oversized covered patio and a half-enclosed rail, perfect for a ping pong table spot and a BBQ grill or secondary kitchen. Great location! The home goes to a highly rated school, major employers, trails (the South Austin Trail Network), minutes to South Austin Beer Garden, HEB, and Walmart. Downtown Austin and ABIA are 30 minutes or less away. Quick access to Highway I-35, Loop 1, and Toll 45.

2205 Kaiser Dr, Austin
2920 Lynnbrook Dr, Austin
$500,000
3 Beds ⋅ 3 Baths ⋅ 1894545 MLS ⋅ 78748 Zip Code
Charming Bauerle Ranch home ideally located within walking distance of the community pool and expansive nature trails. This spacious 3-bedroom, 2.5-bath home offers a thoughtful layout with two living areas, a dedicated home office, and plenty of space for everyday living and entertaining. A spacious home office is located right off the foyer- ideal for those working from home; while the bright, beautifully updated kitchen features stainless steel appliances, newly painted cabinets, ample cabinetry and storage, a center island for extra prep space! Upstairs, the expansive primary suite offers privacy and comfort with an ensuite bath and generous walk-in closet. Two secondary bedrooms are located across the hall and share a full bath, while the versatile upstairs flex space can easily be transformed into a second living room, playroom, or additional office. New interior paint and downstairs flooring were completed in 2026, and a new roof (2024) provides added peace of mind. Step outside to enjoy the beautifully landscaped backyard, featuring Texas-hardy landscaping and a newly extended covered back porch that creates a peaceful retreat with plenty of room for outdoor hobbies, relaxing, and entertaining. EV charger is easily accessible for convenient garage or driveway charging. Located in South Austin, Bauerle Ranch offers an incredible trail system, duck pond, parks, playgrounds, basketball court, and large community pool. Explore the vibrant local scene with an array of dining and entertainment options just minutes away- from the Armadillo Den to the Backwood Bar, Moontower, Brick’s Pub, The Lucky Duck, and beyond, countless destinations await your discovery all within a short drive! Minutes to Southpark Meadows shopping & restaurants- there is no shortage of places to visit! Don't miss the opportunity to make this Bauerle Ranch gem your own!

2920 Lynnbrook Dr, Austin
1804 Monks Tale Ct, Austin
$319,000
3 Beds ⋅ 2 Baths ⋅ 2656103 MLS ⋅ 78748 Zip Code
South Austin location, single-story convenience, and an approachable price point come together at 1804 Monks Tale. Set on a cul-de-sac among beautiful mature trees, this home offers a compelling opportunity for buyers searching for an affordable South Austin home with a large backyard, inviting outdoor spaces, and a two-car garage. Minutes from the South Austin Entertainment District, the location puts dining, entertainment, and places to gather close to home. Enjoy the ease of single-story living with spaces you can make your own. The spacious primary bedroom offers room to unwind and a walk-in closet for everyday storage. An updated walk-in shower in the primary bathroom adds a practical improvement to your daily routine. In the kitchen, a gas cooktop is ready for everything from a quick breakfast to a favorite weekend recipe. Enjoy comfortable living, useful features, and a location that keeps you connected to South Austin. Outside, the large backyard creates room to relax, entertain, and enjoy the setting. A covered porch and pergola offer distinct spaces for morning coffee, outdoor dining, or an evening with friends. Beautiful mature trees contribute to the property's character, while the cul-de-sac setting adds to its appeal. Bring your outdoor furniture, garden ideas, and vision for making this backyard your own South Austin retreat. For buyers comparing homes for sale in South Austin's 78748 ZIP code, 1804 Monks Tale Ct brings together features that matter: one-story living, a spacious primary bedroom, an updated primary shower, gas cooking, a two-car garage, and outdoor space to enjoy. The combination of price, location, and everyday livability makes this property worth a closer look. Whether your priority is a cul-de-sac home, a backyard with room to spread out, or proximity to South Austin entertainment, this address deserves a spot on your list. Discover the possibilities and schedule your own private showing at 1804 Monks Tale Ct.

1804 Monks Tale Ct, Austin
11904 Dispatch Way Unit 62, Austin
$362,500
3 Beds ⋅ 3 Baths ⋅ 8242449 MLS ⋅ 78748 Zip Code
Do not miss this incredible opportunity to purchase an impeccably maintained Milestone home in SummerRow! Built in 2019, the sellers purchased this property brand new with the intention of using it as a second home & never do. Their loss is your gain! Priced to sell and in spotless move-in ready condition, this two story home features a well appointed open floor plan downstairs perfect for entertaining! The gourmet kitchen showcases granite counters, stainless energy star appliances, oversized center island and plenty of cabinet space for storage! All bedrooms are up including the spacious primary suite. This home sits on one of the rare larger lots in the subdivision with a private fully fenced & fully turfed backyard that backs to the Rancho Alto neighborhood. This property is the perfect lock & leave option! Landscaping and common area maintenance are included in the monthly HOA dues so lawn care is never a worry here! Conveniently located within walking distance of the Texican Cafe as well as the entire Manchaca Entertainment District including Armadillo Den, Clara's Day Dive, The Hive, Bouldin Acres, Moontower Saloon, Bricks & so much more! Hop on 45 for a quick commute anywhere!

11904 Dispatch Way Unit 62, Austin
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
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