Austin TX · Homes Under $400K

What Can You Buy in Austin
for $400K?

The $400K price point in Austin gets you into the market — condos and townhomes in central neighborhoods, single-family homes in East and NE Austin, and solid suburban options in the corridors just outside city limits. Browse live MLS listings below, all in the City of Austin, priced $250K–$400K.

Live MLS data
City of Austin only
$250K–$400K range
Free buyer representation
At $400,000
$400K
What your budget looks like in Austin's current market
Down payment (10%)~$40,000
Down payment (20%)~$80,000
Est. monthly (20% down, 7%)~$2,130/mo
Est. property tax/yr~$7,200–$9,600
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Know Before You Search

What $400K Actually
Gets You in Austin

The honest answer: $400K in Austin's city limits is an entry-level price point in 2026. You're not buying a large single-family home in Bouldin Creek or Travis Heights at this number. But you have real options — and they're better than most people expect.

In central Austin, $400K buys condos and townhomes in walkable neighborhoods: Mueller, East Riverside, South Lamar, and some East Austin pockets. In East Austin proper, you can occasionally find a smaller SFH (900–1,200 sqft) on a transitional block. In NE Austin — Windsor Park, St. John's, Georgian Acres — $400K gets you a serviceable 3BR/2BA house with a yard.

The further you go from the urban core, the more SFH you get per dollar. Pflugerville, Round Rock, and Cedar Park (all 20–30 min from downtown) have substantially more SFH inventory under $400K — but those are outside the City of Austin. This page focuses on city limits only.

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Home Types

What Types of Homes
Sell Under $400K in Austin?

Condos & Lofts

$250K–$400K

The most common under-$400K property type in central Austin. Mueller, East Riverside, 78704 pockets, and South Lamar corridor. Typically 700–1,100 sqft, 1–2 bed. HOA fees ($200–$500/mo) add to monthly cost — factor this into your budget.

Pros

  • Best locations
  • Low maintenance
  • Lock-and-leave

Watch For

  • HOA fees
  • Less space
  • No yard

Townhomes

$300K–$400K

Two-story attached homes with small yards or patios. Common in East Austin, Mueller, and the 183 corridor. Typically 1,200–1,600 sqft, 2–3 bed. Usually a good middle ground between condo and SFH for buyers who want a bit of outdoor space.

Pros

  • More space than condo
  • Small patio/yard
  • Good value

Watch For

  • Shared walls
  • HOA common
  • Parking limits

Single-Family Homes

$330K–$400K

Rare but present in the city limits under $400K. Look in NE Austin (Windsor Park, Georgian Acres, St. John's), East Austin transitional blocks, and occasionally older bungalows in less gentrified areas. Expect 900–1,400 sqft, 2–3 bed. These move fast.

Pros

  • No shared walls
  • Yard & garage
  • Best appreciation

Watch For

  • Competitive offers
  • Older construction
  • Smaller lots

Where to Look

Austin Neighborhoods with
Inventory Under $400K

These are the City of Austin neighborhoods where $250K–$400K inventory actually exists in 2026. Inventory is limited — when something good hits this price range, it moves quickly.

East Austin

Condos $280K–$380K · SFH $360K–$420K

Austin's most dynamic neighborhood. Mostly condos and townhomes under $400K; occasional SFH on transitional blocks. Food trucks, bars, and walkability. Best value within the inner ring.

Mueller

Condos & Townhomes $290K–$390K

Master-planned urban neighborhood with strong walkability. Condos and townhomes dominate under $400K. Central Austin access, Aldrich Street district, parks, and farmers market.

Windsor Park / St. John's

SFH $330K–$400K

NE Austin neighborhoods with SFH inventory under $400K. Mid-century ranch homes, 1,100–1,500 sqft, on real lots. These neighborhoods are appreciating as East Austin prices push buyers north.

Georgian Acres / Rundberg

SFH $280K–$380K

North-central Austin with some of the most affordable SFH inside city limits. Transitional area with long-term appreciation potential. Good access to Domain employers via MoPac.

East Riverside

Condos $250K–$360K

South Austin condos with great highway access. Popular with UT Austin students and young professionals. Improving rapidly along the Riverside corridor with new development.

South Lamar / 78704

Condos $300K–$400K

Small condos and occasional townhomes in Austin's most coveted zip code. Under $400K here is rare and competitive — but it comes up. Barton Springs, SoCo, and South Lamar walkability.

Common Questions About
Buying Under $400K in Austin

For $400K in Austin (2026), you're typically looking at: condos and townhomes in walkable central neighborhoods like East Austin, Mueller, and South Congress; single-family homes in East Austin's emerging streets and some NE Austin neighborhoods (Windsor Park, Georgian Acres); and more space in transitional areas. In the immediate city limits, $400K skews toward condos and townhomes, but SFH does exist if you move toward the NE quadrant.
$400K is a workable entry point in Austin but limits your options in the most sought-after central neighborhoods. At this price point you'll face competition, but less than the $600K–$900K range. First-time buyer programs (TSAHC, Austin Housing Finance Corp) can stretch your purchasing power with down payment assistance. With 20% down (~$80K), your principal + interest payment at 7% runs ~$2,130/mo, before taxes (~$600–$800/mo) and insurance.
In 2026, City of Austin neighborhoods with some inventory under $400K include: East Austin (condos and occasional SFH), Mueller (condos and townhomes), NE Austin — Windsor Park, St. John's, Georgian Acres (SFH), East Riverside (condos), and 78704/South Lamar area (small condos, rare and competitive). Central neighborhoods like Bouldin Creek, Travis Heights, and Hyde Park rarely have anything under $400K for SFH.
It depends on your priorities. Condos and townhomes under $400K offer better locations — closer to downtown, South Congress, or East Austin — at the cost of HOA fees ($200–$500/mo) and less space. Single-family homes under $400K in Austin city limits tend to be smaller (900–1,400 sqft) or in transitional neighborhoods. If location and walkability matter most, look at condos. If you want a yard and more space, NE Austin gives you more for the money, and the suburbs (Cedar Park, Round Rock) give you significantly more.
Well-priced homes under $400K in desirable locations can still move in 1–2 weeks, sometimes with multiple offers. The sub-$400K segment attracts first-time buyers, investors, and downsizers simultaneously. Getting pre-approved before you search — and working with a buyer's agent who knows what's coming before it hits Zillow — makes a real difference at this price point.
Buyer representation means having a licensed Realtor represent your interests — negotiating price, reviewing contracts, coordinating inspections, and guiding you through closing. In Texas, the seller typically pays buyer agent commissions. My representation is free to buyers. There's no obligation to buy, and no fee if we look at homes and you decide Austin isn't right for you.

Let's Find Your
Austin Home

Whether you're eyeing an East Austin condo, a Mueller townhome, or a NE Austin bungalow — I know which blocks are appreciating fastest and which listings are worth your time at this price point.

Pre-approval referrals, first-time buyer program guidance, and free buyer representation included. No obligation.

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