Austin Homes under $250,000

Welcome to Austin, Texas—a vibrant city that perfectly blends a rich cultural heritage with modern innovation. Nestled in Travis County, Austin is renowned for its live music scene, eclectic arts, and a culinary landscape that tantalizes every palate. Known as the "Live Music Capital of the World," this city offers a plethora of festivals, outdoor activities, and a thriving community spirit that draws in newcomers from all walks of life.

For those seeking affordable housing options, Austin has a hidden gem: homes priced under $250,000. While the city is often recognized for its upscale properties, there are still opportunities to own a piece of this dynamic locale without breaking the bank. These homes often feature charming designs, cozy layouts, and access to the city's vibrant neighborhoods, making them ideal for first-time buyers, young professionals, or even investors looking to capitalize on Austin's growing market.

Living in Austin means enjoying a lifestyle rich in outdoor adventures, with an abundance of parks, trails, and nearby lakes for kayaking and hiking. The city is also home to a robust job market, particularly in tech and creative industries, providing a strong foundation for long-term investment in your future.

Whether you’re drawn to the lively downtown area or the tranquility of suburban life, Austin offers a diverse range of neighborhoods, each with its unique character and charm. Discover the possibilities of homeownership in this thriving city, where you can enjoy a vibrant lifestyle while finding a place to call your own—all within your budget.

Newest Austin Homes under $250,000

$215,000

1 Baths ⋅ 2020432 MLS

Location is the standout at this studio condo in Austin's sought-after 78704! Situated at Riverwalk Condominiums along Lady Bird Lake, this updated studio features refreshed countertops and flooring throughout, creating a clean and inviting space with an efficient layout. Just minutes from Downtown, South Congress, Rainey Street, the Texas Capitol and UT Austin, this location puts some of Austin's most popular destinations within easy reach. Enjoy easy access to the Lady Bird Lake hike-and-bike trail, along with community amenities including two pools and a private dock. Whether you're looking for a primary residence, Austin getaway or investment property, Unit 268 offers a low-maintenance home base in the heart of the city.

500 E Riverside Dr Unit 268, Austin

Listing courtesy of Listing Agent: Alexandra Turner (aturner@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.

$240,000

2 Beds ⋅ 1 Baths ⋅ 2003096 MLS

Fall in love with this beautifully maintained corner-lot townhome in the heart of Austin! Updated luxury vinyl flooring, installed within the past few years, flows throughout the home and is complemented by fresh landscaping that enhances its curb appeal. Step inside to soaring ceilings in the living room that create a bright, open feel, textured walls that add character, and a functional layout with a dedicated laundry room. The bathroom features grab bars for added accessibility and convenience. The HVAC system has been regularly serviced and maintained by Strand Brothers for added peace of mind. Enjoy your own private covered back patio, attached one-car garage, designated parking space, and additional guest parking. Conveniently located just minutes from The Domain, The Arboretum, and Downtown Austin, with easy access to major highways, shopping, dining, and entertainment. This thoughtfully maintained home is move-in ready and waiting for its next owner!

9622 Covey Ridge Ln, Austin

Listing courtesy of Listing Agent: Diana Esguerra (dianaresguerra@gmail.com) from Listing Office: Realty Texas LLC.

$249,200

3 Beds ⋅ 2 Baths ⋅ 1969887 MLS

Investor Opportunity in North Austin! This beautifully updated 3-bedroom, 2-bath townhome offers the opportunity to add a turnkey, income-producing property to your portfolio with a tenant already in place through July 2027. Thoughtfully updated with an upgraded kitchen, beautifully renovated bathrooms, and no carpet throughout, this low-maintenance property offers the modern finishes and functionality today's renters are looking for. The functional floor plan provides comfortable living spaces, while the private outdoor area offers additional space to enjoy. Residents also have access to community amenities including a pool. Conveniently located near shopping, dining, major employers, and commuter routes, this property offers a desirable North Austin location with strong appeal for renters. With a tenant secured through July 2027, this is an excellent opportunity for an investor looking for an established rental with minimal immediate turnover concerns. Whether you're adding to an existing portfolio or looking for your next investment property, this one is worth a closer look.

1015 E Yager Ln Unit 125, Austin

Listing courtesy of Listing Agent: Melissa Claus (Melissa.JLArealty@gmail.com) from Listing Office: JLA Realty.

$229,900

1 Beds ⋅ 1 Baths ⋅ 1947651 MLS

Tucked away on a peaceful wooded hilltop, this charming 1 bedroom 1 bath Hill Country bungalow offers a rare blend of privacy, nature, and convenience. Situated on approximately 1/3 acre on a quiet cul-de-sac, the home enjoys beautiful Hill Country views creating a tranquil, nature-filled setting. The home provides a cozy retreat surrounded by mature trees and natural beauty. Step outside your door to explore nearby hiking and enjoy the peaceful atmosphere that makes this property feel like a private escape while still being close to everyday amenities. The 1/3 acre lot next door is also available and could provide additional expansion opportunities. Residents enjoy community lake access with a private park plus access to the community pool, hall, and boat ramp. Mansfield Dam and Lake Travis recreation are just minutes away and property is conveniently located only about 10 minutes from H-E-B and Randall's grocery stores. This unique property delivers the best of Hill Country living...quiet, scenic, and connected to nature, yet close to everything you need.

15005 Broken Bow, Austin

Listing courtesy of Listing Agent: Steven Hayden (steven.hayden@elistreo.com) from Listing Office: eList REO LLC.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.