Are you renting in Austin, and thinking about home ownership? You're not alone. With rising home prices in Austin, many renters feel as though they are being priced out of the market. The median home price in Austin was $238,000 in 2014, and shows no signs of easing up in the near future. First time buyers need not despair. It is still possible to find affordable Austin homes for sale.
Here's a look at what about $200,000 will get you today.
11406 Powder Mill Trl, Austin
Location: Austin, TX Price: $250,000 Subdivision: Village of Anderson Mill Bedrooms: 5 Bathrooms: 3 MLS®: #6879872
If you have a growing family, you may enjoy this roomy 5 bedroom home in North Austin. For $250,000, you and your family can take advantage of this recently updated residence, which comes with two master suites. Tile flooring throughout the home (except in bedrooms) offers a nice alternative to carpet. Great location on a corner lot in the Villages of Anderson Mill, close to several schools in the Round Rock ISD. A good value! See the complete listing here.
2918 Ranch Road 620 #t-252, Austin
Location: Austin, TX Price: $229,000 Subdivision: The Villas on Lake Travis Condominiums Bedrooms: 2 Bathrooms: 3 MLS®: #4317562
For the ultimate lakefront lifestyle this condo at the Villas on Lake Travis could be yours for just $229,000. This 2 bedroom, 3 bathroom multi-level condo will give you 1,395 square feet of living space, in addition to panoramic views of Lake Travis. Both bedrooms have their very own en-suite, and come with good views of the lake. The kitchen is updated with granite countertops and sleek black and stainless appliances. Residents will also enjoy shared access to a top of the line gym, spa, pool and day dock. High speed WIFI is included with this unit. See full listing details here.
While affordable homes in Austin are becoming more of a scarcity, there is another alternative for first-time homebuyers. Many nearby communities in the greater Austin area like San Marcos, Round Rock and Cedar Park are offering tremendous value in terms of real estate. Here is just a sampling of what you can expect to find for $250,000.
4509 Chestnut Meadows Bnd is a next to new home in Georgetown. Built by Lennar in 2013, this stately residence in the Teravista neighbrohood has a nice brick and stone exterior. Vaulted ceilings and crown moldings are just some of the wonderful architectural features of this home. The spacious kitchen is centered by a granite island with double sinks. The master en-suite also features granite in addition to his and her sinks, a spa bathtub, and a separate enclosed shower. Learn more about this listing here.
4704 Fritz Falls Xing, Pflugerville
Location: Pflugerville, TX Price: $234,500 Subdivision: Villages Of Hidden Lake Bedrooms: 3 Bathrooms: 3 MLS®: #8831481
IF you're looking for a more modern home, consider this 3 bedroom, 3 bathroom home for $234,500 in Pflugerville, TX. This beautiful residence has an airy open floorplan for the kitchen/living area which features a nice granite island, stainless steel appliances and a subway tile backsplash. The home also has updated carpet and tile flooring. Outside offers a zen-like Texas inspired backyard complete with covered patio. See the full listing here.