Austin TX · Homes Under $1 Million

What Can You Buy in Austin
for $1 Million?

At $1M, Austin's most coveted neighborhoods are fully open. Bouldin Creek SFH, Travis Heights craftsman homes, Hyde Park bungalows, established East Austin, Tarrytown entry level, Clarksville. These are the homes people mean when they talk about living in Austin — not on the edge of it. Browse live MLS listings, City of Austin, $750K–$1M.

Live MLS data
City of Austin only
$750K–$1M range
Free buyer representation
At $1,000,000
$1M
What your budget looks like in Austin's current market
Down payment (20%)~$200,000
Down payment (10%)~$100,000
Est. monthly (20% down, 7%)~$5,320/mo
Est. property tax/yr~$18,000–$24,000
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Know Before You Search

What $1 Million Actually
Gets You in Austin

At $1M, the question stops being "what can I afford?" and starts being "which neighborhood fits my life?" Bouldin Creek, Travis Heights, Hyde Park, established East Austin, Tarrytown entry — these are all genuinely on the table. You're choosing based on lifestyle, not constraint.

Typical homes: well-maintained or fully renovated 3–4BR SFH, 1,600–2,500 sqft, on good lots in established blocks. You'll see original Craftsman bungalows with updated kitchens and baths, newer infill construction on prime lots, and mid-century modern homes with original character. In some neighborhoods, $1M still leaves room for a renovation project on a great lot.

The segment is active. Well-priced, well-located homes in the $900K–$1M range still attract multiple offers in Hyde Park and Bouldin Creek. Come pre-approved and with a clear sense of which neighborhoods matter most to you — that narrows the field quickly at this tier.

Estimate Your Payment

Est. Monthly Payment (P&I)
$—
+ taxes & insurance ~$1,750–$2,250/mo

The Full Austin Price Ladder

How $1M Compares
to Every Tier Below It

Each tier in Austin's market unlocks something qualitatively different. Here's the full progression.

Entry
Under $500K
  • Condos & townhomes
  • NE Austin SFH
  • HOA fees common
  • Transitional areas
Mid-entry
$500K–$650K
  • SFH opens up
  • North Loop, East Austin edges
  • Smaller/older homes
  • Renovation likely needed
Mid-range
$650K–$750K
  • Established SFH neighborhoods
  • Travis Heights, Hyde Park
  • 78704 edges
  • Better finishes
You are here
$750K–$1M
  • Best neighborhoods fully open
  • Bouldin, Hyde Park, Tarrytown entry
  • Renovated or architecturally interesting
  • 78703 & 78704 accessible

Know Your Zip Codes

78704 & 78703 — Austin's
Most Coveted Addresses

At $1M, two Austin zip codes define the upper range of what's accessible. Understanding both helps you choose wisely.

78704

South Austin's most beloved zip — Bouldin Creek, Travis Heights, South Congress, South Lamar, Barton Hills. At $750K–$1M, you're in the full heart of 78704 SFH inventory. Barton Springs is walkable from much of it. The density of restaurants, bars, and live music on South Congress and South Lamar is unmatched in Austin.

NeighborhoodsBouldin Creek, Travis Heights, S. Congress, Barton Hills
SFH range at this tier$750K–$1.1M typical
WalkabilityExcellent — South Congress & SoCo
Barton Springs accessWalkable / bikeable
Appreciation trackStrongest in Austin

78703

Austin's most prestigious inner-city zip — Tarrytown, Clarksville, Old West Austin, Lake Austin Boulevard. At $750K–$1M you're at the entry level here: smaller bungalows, older homes on premium lots, and occasional off-market finds. Full renovation 78703 SFH runs $1.2M–$3M+. Getting in at the base of 78703 is historically one of Austin's best real estate decisions.

NeighborhoodsTarrytown, Clarksville, Old West Austin
Entry SFH at this tier$850K–$1.1M for smaller homes
WalkabilityGood — Lamar & West 6th
School accessCasis Elementary (top Austin ISD)
Land value premiumVery high — lot value alone $500K+

Where to Look

Austin Neighborhoods
in the $750K–$1M Range

These are the City of Austin neighborhoods with meaningful SFH inventory at $750K–$1M in 2026.

Bouldin Creek

SFH $800K–$1.3M · some $750K–$950K

78704's most sought-after neighborhood. Walkable to Barton Springs and South Congress. Bungalows and renovated ranches at the $800K–$1M range; smaller or unupdated homes dip below. Austin's single best appreciation track. Get in here at any price if the numbers work.

Travis Heights

SFH $750K–$1.1M

Hillside neighborhood with Hill Country views and craftsman bungalows on tree-lined streets. This tier gets you a well-maintained 3–4BR home with original character. South Congress is a short walk. One of Austin's most beautiful residential neighborhoods.

Hyde Park

SFH $750K–$1.2M

Austin's original historic residential neighborhood. Mature live oaks, Craftsman homes, bungalows. Walkable to Central Market, UT campus, and Guadalupe Street. $750K–$1M here gets you a genuine Hyde Park SFH with original hardwoods and character — among the best lifestyle buys in Austin.

East Austin (Best Streets)

SFH $800K–$1.1M

The fully gentrified blocks — Chestnut, Cherrywood, upper Govalle. Renovated bungalows and modern infill on prime lots. Walkable to East 6th, Rainey Street, and Mueller. This tier buys you East Austin's finished product, not its potential.

Tarrytown / Clarksville (entry)

SFH $850K–$1.2M entry · $1.2M–$3M+ full

78703 entry level. Smaller bungalows and older ranches on premium lots. Casis Elementary — Austin ISD's top elementary school. Land value alone justifies entry here. Tarrytown is the most prestigious residential neighborhood in Austin proper.

Allandale / Brykerwoods

SFH $750K–$1.1M

North-central Austin's large-lot mid-century neighborhood. Bigger homes (1,800–2,400 sqft), 1950s–60s construction on generous lots. $1M here buys significantly more square footage and lot size than 78704 — the trade-off is less walkability. Apple Domain corridor 15 min north.

Common Questions About
Buying Under $1M in Austin

At $1M in Austin (2026), Austin's best neighborhoods are fully accessible. Bouldin Creek and Travis Heights SFH, Hyde Park bungalows and Craftsman homes, established East Austin renovated bungalows, Mueller premium SFH, and Tarrytown/Clarksville entry-level homes are all in range. Typical homes: 3–4BR, 1,600–2,500 sqft, well-maintained or renovated, on good lots in established blocks. This is the price point where you're choosing neighborhoods by lifestyle fit — not by what you can afford.
$1M is a strong upper-middle budget in Austin. With 20% down ($200K), P&I at 7% runs ~$5,320/mo. Add property taxes (~$1,500–$2,000/mo) and insurance (~$250/mo) and total monthly outlay is roughly $7,070–$7,570/mo. Household income of $270K–$300K is typical to comfortably qualify. This segment is active but not as frenzied as the $500K–$750K range — buyers generally have more negotiating room on condition and timing.
The jump from $750K to $1M completes the access to Austin's most desirable neighborhoods. At $750K you're on the edges of Bouldin Creek and Hyde Park, in the smaller or less-renovated inventory. At $1M you're in the full heart of those neighborhoods — better lots, better finishes, more space, and in some cases architecturally significant homes. You also gain genuine Tarrytown/Clarksville access (78703), which is largely above $850K for SFH.
78703 covers Tarrytown, Clarksville, Old West Austin, and parts of West Austin along Lake Austin Boulevard — Austin's most prestigious inner-city zip code. At $750K–$1M, you're at the entry level: smaller bungalows, older ranches needing updating, or well-located lots where land value itself is $500K–$700K. Full renovation 78703 SFH runs $1.2M–$3M+. Buying at the entry of 78703 has historically been one of Austin's best long-term real estate decisions — the land value floor is very strong.
Different tradeoffs. 78704 (Bouldin Creek, Travis Heights, South Congress) gives you more home for the money, walkability to Barton Springs and South Congress, and Austin's best food/bar/music scene at your doorstep. 78703 (Tarrytown, Clarksville) gives you Austin's most prestigious address, proximity to Lake Austin and Mopac, and the Casis Elementary school zone. 78704 has had stronger recent appreciation; 78703 has stronger land value floor and more generational wealth concentration. Both are excellent long-term holds at $1M.
Buyer representation means having a licensed Realtor negotiate on your behalf — offer strategy, contract terms, inspection coordination, and closing guidance. In Texas, the seller typically covers buyer agent commissions. My representation is free to buyers at any price point.

Let's Find Your
Austin Home

At $1M, the right neighborhood decision matters as much as the right house. I know the specific streets in Bouldin Creek, Hyde Park, Travis Heights, and Tarrytown where $750K–$1M buys the best long-term value — and which listings are worth moving on quickly.

Off-market awareness, neighborhood comp analysis, and free buyer representation included.

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