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Austin Texas Real Estate - What Can I Buy in the Austin area for $400,000 or less?

As part of my continuing series, I am moving up the ladder a bit more this week to $400,000, in order to demonstrate the awesome values to be found in and around the Austin, Texas area.

Here are a few current Austin-area listings that can be yours for $400,000 (or less):

This home was built in 2001 by Ryland Homes. It has 3769 s.f., 5 bedrooms, 3.5 baths, gourmet kitchen, huge gameroom with built-in entertainment center, wood floors, designer paint colors, covered patio and more! It is located in the Oak Brook subdivision in Round Rock (due north of Austin). The listing price? Only $385,000!

The next listing is located in Avery Ranch, which is a prestigious master-planned golf course community in north Austin (Round Rock school district). It features SIX bedrooms, four full bathrooms, and a 3-car garage. It is 3600 s.f. per the builder (Morrison Homes). Other features include granite counters, master down, extensive ceramic tile flooring, and a bonus room. This home is listed at $388,900.

walsh ranch homes - austin realtors

Are you looking for a home under $400k with over 4000 square feet in a prestigious area? Look no further! This brand-new home built by Drees Custom Homes will fit the bill. At 4023 s.f. with 4 bedrooms and 4 full baths, this is a great deal priced at $399,900.

round rock real estate

This former Drees model home features tons of custom touches, including granite, wood floors, iron staircase spindles, and much more. It has four bedrooms, four bathrooms, and 4188 s.f. per the tax records. It is located in upscale Hidden Glen, which is very convenient to the new IKEA and Round Rock Premium Outlets. Only $399,900.

Here are my other posts on this topic:

Austin Real Estate - What can I buy for $200,000 in the Austin area?

Austin Real Estate - What Can I Buy in the Austin area for $300,000 or less?

Austin Real Estate - What Can I Buy in the Austin area for $500,000 or less?

What Can I Buy in the Austin Area for $600,000?

What Can I Buy in the Austin, Texas Area for $650,000 - $700,000? WOW!

If you enjoyed this post, why not connect with me in these other communities?

If you're looking for a home in the Austin area, you can visit my primary Austin real estate website at www.austintexashomes.com. Thanks!

Posted by Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) on 10/01/2007 04:30 PM

Comments (18)

austin real estate, austin texas real estate, round rock real estate, austin tx real estate

Originally posted at: Cool Austin Texas Real Estate Blog : Austin Texas Real Estate - What Can I Buy in the Austin area for $400,000 or less?

This post has been included in Texas Information Williamson County, TX Information Round Rock, TX Information
Post is included in group: Austin California Connection

18 Comments on Austin Texas Real Estate - What Can I Buy in the Austin area for $400,000 or less?

OCT

2007

Wow Jason! Maybe I should move to Austin and join your brokerage. My 2 bedroom 2 bath, 1405 square foot condo is in this price category here. We could sell it for about $345,000 and have a mansion down there in Austin!!

BRIAN - You are hired! When can you start? :) You can have a really nice place for $345k here (as you indicated).

Nice layout Jason, and good information on your area. Keep up the good work.

Hi LISA - Thanks for your compliment and comment. I appreciate it. By the way, I just noticed that you work in New Orleans. How is the market in your area these days?

beautiful homes! It's great to get a good comparison of what's available around the country. If I ever have a client in need of an Austin Realtor, I'll send them your way!

CHRISSY - I appreciate your comments - yes, there are some great homes on the market here. Thanks for the vote of confidence. I will do the same for you in the Boulder area.

Jason, thanks for asking about us down here. The market seems to be about the same as most of the rest of the country, except we have other post-Katrina issues layered on top of the slowdown. The cost of insurance is proving to be a huge factor in getting some homes sold. Prices have more than tripled in some areas for homeowner's coverage, and when your monthly premium is the same as your house note, it's not a great incentive to buy. Add that to a record number of homes on the market and diminished population, and I'd say it's going to take us awhile. That being said, I always invite everyone to come down and visit. We are very tourist dependent and visitors are the best economic support we can have!

LISA - That does sound like a challenge. I was thinking especially of the prospect of insurance premiums being that high. It sounds terrible. I always liked visiting New Orleans - I have been three or four times, but not in years. Thanks for stopping back by to answer my question. I hope the market picks up for you over the next few months! Thanks also for reading and commenting on my blog regularly. I really appreciate it!

Jason,

It looks like your prices are in line with our higher end homes. Those are definitely on the high end for us and it's hard to get much higher than about $110/sf in our best areas. Nice post. It's like that show, "What can $400K buy you in...".

ANDREW - That is interesting to hear. I haven't seen that show, but I think I have heard of it. You should consider doing something similar for your area, especially since it sounds very affordable.

OCT

2007

JASON: I'm afraid that if I tried to do this, that no one would ever want to live on LI. Does make you want to move to Austin though.

Adam - Yeah, maybe this is best reserved for areas like Austin. Thanks for your comments - it sounds like it is accomplishing the goal.

Wow Crouch, some gorgeous homes at reasonable prices. Hook a brother up!

SARDI - That made me laugh (and I needed that today). Come on down - there are some great prices here!

OCT

2007

Great info! Tell me, what does it cost to live on the Lake these days?

Hello - It really depends on the size and age of the home. It starts around $650,000 or so, but for a nice home on the lake it would probably cost at least $2 million or more these days. Were you interested in finding a waterfront place?