Houston Homes under $500,000

Welcome to Houston, Texas—an exciting and vibrant city that perfectly blends Southern charm with a cosmopolitan flair. As the largest city in Texas and the fourth largest in the United States, Houston boasts a rich tapestry of culture, cuisine, and community. Known for its diverse population, Houston is a melting pot of traditions and lifestyles, making it a welcoming place for everyone.

The city is home to a thriving arts scene, with world-class museums, theaters, and galleries, as well as a culinary landscape that features everything from mouthwatering Tex-Mex to gourmet dining experiences. Houston's warm climate allows residents to enjoy outdoor activities year-round, whether it's exploring the lush parks, biking along scenic trails, or attending one of the many vibrant festivals that fill the city’s calendar.

For those looking to make Houston their home, there are fantastic housing opportunities available, particularly for those with a budget of under $500,000. The real estate market in Houston is diverse, offering a range of options from charming bungalows in historic neighborhoods to modern townhomes and spacious family residences. This affordability allows you to find a home that fits your lifestyle without breaking the bank.

Living in Houston means enjoying not just a place to call home, but an entire lifestyle filled with opportunity and adventure. With its friendly atmosphere, economic growth, and rich cultural heritage, Houston is not just a city; it’s a community waiting for you to explore. Discover your dream home in this dynamic city today!

Newest Houston Homes under $500,000

$140,000

2 Beds ⋅ 2 Baths ⋅ 22049950 MLS

This townhome is conveniently located in the Houston's Galleria area near premier dinning, shopping, entertainment and main commuter highways. The first level offers a spacious living room with updated floors, breakfast area, kitchen with granite countertops, a closet space for storage, and a half updated bathroom. The enclosed patio area has the utilities room and direct access to the parking area. The second level offers the main bedroom with a walk-in closet space and a view to the courtyard, a second bedroom with a walk-in closet space and a full size updated bathroom. The parking is assigned and covered with direct access to the patio area. Schedule your appointment today!!

2649 Marilee Ln, Houston

$159,500

2 Beds ⋅ 1 Baths ⋅ 35234037 MLS

Tangle Oaks Condo subdivision -2 Bedroom and a shared bathroom (with a stacked washer/dryer located between the bedrooms). Each spacious bedroom includes a walk-in closet, and the unit has been neatly renovated with vinyl plank flooring throughout the bedrooms and bathroom. The kitchen faces east, allowing for plenty of natural light, and the layout features an open-concept living and dining area. Situated on the second floor, the unit offers a cozy view of the courtyard and comes with a assigned/ covered parking space. It is conveniently located near various restaurants and shopping facilities! Must see!!

1223 Augusta Dr Unit 48, Houston

$119,995

1 Beds ⋅ 1 Baths ⋅ 13318655 MLS

Updated 1st floor unit in well maintained Galleria area complex with 88 units. The unit features brand new wood look vinyl plank wood flooring, granite counters in kitchen, stainless appliances, 9' ceilings, wood burning fireplace, stack washer/dryer, outside storage closet and private patio. Interior and exterior panel boxes replaced 2026. New electric water heater 2026. Primary bedroom has walk-in closet. Bathroom features updated tub and tile with beveled white subway tiles. Complex is gated and comes with one covered parking spot.

2025 Augusta Dr Unit 203, Houston

$429,900

3 Beds ⋅ 4 Baths ⋅ 43295269 MLS

Experience the best of Houston’s Inner Loop at 5720 Petty Street, a contemporary three-story home in the vibrant, professional community of Cottage Grove. Built in 2018, this high-end residence features an expansive open-concept living area, a chef’s kitchen with a massive stone island, and the added benefit of no HOA fees. Its unbeatable location offers a seamless commute to Downtown and puts you minutes from Memorial Park and top-rated schools like Memorial Elementary and Heights High. Adding incredible value, the home comes fully equipped with all furniture and appliances included at no extra cost, plus a brand-new Carrier AC condenser installed just months ago with a transferable manufacturer warranty. This property is a rare, turn-key opportunity for those seeking a sophisticated, worry-free lifestyle in one of the city's most energetic neighborhoods.

5720 Petty St, Houston

$139,900

3 Beds ⋅ 1 Baths ⋅ 93045120 MLS

Upgrades in 2025 include: Vinyl plank flooring, tile floor in kitchen and bathroom, granite countertops and vanity, bathtub and toilet, paint inside and outside. Ceiling fans in all bedrooms and kitchen.

4326 Tareyton Ln, Houston

$140,000

2 Beds ⋅ 2 Baths ⋅ 11491835 MLS

2 bedrooms 2 full bath . washer and dryer will be included . great location . ready to move in. updated unit.

8801 Hammerly Blvd Unit 902, Houston

$265,000

3 Beds ⋅ 2 Baths ⋅ 91098379 MLS

This beautiful home has many updates throughout

2609 Ivy St, Houston

$182,500

2 Beds ⋅ 2 Baths ⋅ 87736429 MLS

Priced to sell! Cute three story townhouse off Westheimer. Fresh paint and all new carpet inside. Appliances included in sale. Features a bigger yard than the other units! Ready to move in.

2710 Hullsmith Dr Unit 1104, Houston

$308,000

3 Beds ⋅ 2 Baths ⋅ 79399979 MLS

Enjoy total peace and quiet in this lovely KB Home in Cypress Creek Landing, boasting a brick front stone veneer, wood flooring, extended entry, and an open great room. Cook up new cuisines in the kitchen, fully equipped with Silestone countertops, stainless steel Energy Star appliances, and 42-in cabinets. Unwind in the tranquil primary suite, featuring extended dual vanities, Additional home features include full gutters and a covered patio. The desirable Cypress Creek landing community incudes a park with a playground and a covered pavilion. Situated near Hwy 249 and I-45, commuters enjoy quick access to Downtown Houston. Zoned to the highly-rated Spring Independent School District.

14618 Cypress Creek Landing Dr, Houston

$359,000

3 Beds ⋅ 3 Baths ⋅ 51232053 MLS

Welcoming offers. Experience the pinnacle of modern luxury in Medical Center South. As the largest new construction available in the area, this 2,333 sq.ft. home is priced to sell and professionally designed for sophisticated living. Open-concept first floor featuring a seamless kitchen/family room combo, premium quartz countertops, and soft-close cabinetry. A private upstairs sanctuary with a walk-in closet, en-suite double-vanity bath, and a private balcony. Durable vinyl plank flooring throughout, ceiling fans in all rooms, and all bedrooms conveniently located on the second level. Enjoy a fully fenced private yard with a covered patio and an attached 2-car garage. Lender credit available with preferred lender. Other buyer incentives are negotiable.

9028 Scott St, Houston

$375,000

3 Beds ⋅ 2 Baths ⋅ 9445268 MLS

**LIVE IN ONE, RENT THE OTHER, OR DOUBLE YOUR INVESTMENT POTENTIAL!** Welcome to 8125 Eastover Street, a modern three-story duplex offering an incredible opportunity for homeowners and investors alike! Built in 2022, this property features two spacious, individually designed residences, each offering 3 bedrooms, 2 full bathrooms, and a functional layout that maximizes privacy and comfort. Enjoy open-concept living and kitchen areas, granite countertops, generous bedroom space, and a private third-floor primary suite with convenient laundry access. Separate entrances, concrete parking, and privacy fencing add everyday convenience. Live in one unit while generating rental income from the other to help offset your mortgage, or lease both units and expand your investment portfolio. Whether you're a first-time buyer, house hacker, or seasoned investor, this versatile property offers multiple possibilities. **Schedule your private tour today!**

8125 Eastover St Unit B, Houston

$399,900

2 Beds ⋅ 3 Baths ⋅ 81076884 MLS

Calling All Builders & Investors! 10 Buildable Lots & House Rare multi-lot opportunity in northwest Houston! This package offers 10 buildable lots, including 2 front lots, plus an existing 2-bed, 2.5-bath house, all across 0.95 acres (approx. 41,382 sq ft). That gives you the flexibility to build a small community of new homes, phase your development over time, or hold for long-term appreciation. The existing house adds even more options. Rent it out for immediate cash flow while you plan and build, use it as an on-site home base during construction, or renovate and sell it to help fund the rest of the project. Investors can land-bank now and build or sell later as the neighborhood continues to grow. The front lots offer additional flexibility to sell off individually, build first, or keep for your own project. Bring your plans and your builder and see the potential for yourself!

1110 Paul Quinn St, Houston

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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