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Top Austin Neighborhoods with Homes Under $400k

Real Estate Broker/Owner with Watters International Realty #0567369

Are you looking for an affordable home near the heart of Austin, Texas? While it might seem like an impossible task, some great neighborhoods in Austin do have homes available for under $400,000. Whether you’re a first-time buyer, looking for a retirement home, or just searching for an affordable place to live in this dynamic city, these neighborhoods could be the perfect fit.

North Burnet

If you're looking for a great place to call home in Austin, Texas, consider North Burnet. Located just north of downtown, North Burnet offers easy access to all the city has to offer while providing a quiet and peaceful atmosphere.

With homes available for under $400k, it's one of the most affordable neighborhoods in Austin.

North Burnet is close to many of Austin's top attractions, including the University of Texas at Austin, Zilker Park, and Lady Bird Lake. It also has several popular restaurants, including Tillery Kitchen & Bar and Home Slice Pizza. Its convenient location, generous amenities, and abundant shopping options make North Burnet is a great place to call home.

The neighborhood is also conveniently located near major highways and public transportation, making it easy to get around town.

Homes in North Burnet range from traditional single-family homes to modern condos and townhomes. Many of these properties have been recently renovated or updated to include features like stainless steel appliances, hardwood floors, and natural stone counters.

If you're seeking a great neighborhood in Austin, North Burnet is worth a look.

West Oak Hill

Located in the southwest part of the city, West Oak Hill offers access to great schools, parks, and restaurants. The area is also close to downtown Austin and the University of Texas campus making it a great place to live for students, professionals, singles, and families.

West Oak Hill is known for its large selection of homes under $400k. The area boasts both new construction and older, more established homes built in various styles, including traditional, craftsman, and contemporary. Many homes in the area offer features such as modern kitchens, updated bathrooms, and spacious back patios. You can find a variety of styles and sizes to fit your budget and lifestyle.

With its convenient location and family-friendly atmosphere, West Oak Hill is an obvious contender.


Southeast Austin is located just south of downtown and has easy access to I-35 and Highway 71. It's also close to the University of Texas at Austin and many popular activities like hiking and biking along the Lady Bird Lake Trail or kayaking on the Colorado River.

The homes in Southeast Austin range from small bungalows to larger single-family homes. You can find older homes with character or newer construction with modern features like stainless steel appliances and granite countertops. Many homes come with spacious yards perfect for outdoor entertaining or gardening.

Southeast is also home to an eclectic mix of restaurants, shops, and other amenities. You can find everything from barbecue joints to hip cafes, making it a great place to live for anyone looking for an affordable yet vibrant neighborhood.

North University

Located just north of the University of Texas campus and downtown Austin, North University offers a variety of homes for sale at a reasonable price point.

The neighborhood is known for its eclectic mix of homes, including traditional single-family bungalows, vintage cottages, and modern condos. Many homes feature hardwood floors, fireplaces, and updated kitchens.

North University is close to all the attractions of downtown Austin including nightlife, bars, and music venues. With plenty of shopping and restaurants, including Whole Foods and the beloved Austin favorite Franklin Barbecue, there's something for everyone in North University. The area also boasts some of the best schools in Austin, making it an ideal place to raise a family.

If you're looking for an affordable place to live with all the benefits of living near downtown Austin without the high price tag, North University is definitely worth considering. With its convenient location and variety of housing options, it's no wonder why this neighborhood is so popular among buyers!

North Shoal Creek

If you're looking for a great place to live in Austin, Texas, then North Shoal Creek should be at the top of your list. Located in north-central Austin, this neighborhood is known for its affordable homes and convenient access to downtown. With a population just under 4,500, North Shoal Creek offers residents plenty of amenities and attractions.

The area is home to various restaurants and businesses, making it an ideal spot for those who want to be close to the action but still have a quiet place to call home. Plenty of parks and green spaces are nearby, like the Bright Leaf Preserve, with its winding trails, picturesque views of creeks and ponds, and various wildlife such as birds, deer, and armadillos.

North Shoal Creek is conveniently located near major highways like Mopac Expressway and U.S. Highway 183, making it easy to get around town quickly and efficiently. There is also the added benefit of the North Shoal Creek Neighborhood Association (NSCNA), an organization created to promote and protect its residents' quality of life. By encouraging community involvement, providing updates on initiatives, and improving public safety, green spaces, and conservation efforts, the NSCNA makes North Shoal Creek an attractive place to live.

North Shoal Creek is one of the best neighborhoods in Austin for homes under $400k. You can find apartments and condos that fit this price range, as well as single-family homes. Whether you're looking for something small or large, something here will fit your needs.

Final thoughts

Watters International Realty is proud to be one of the most knowledgeable Austin realtors from North University and North Shoal Creek to the rest of Austin, TX. We specialize in local neighborhoods, helping buyers find the perfect home that fits their needs and budget. Let us guide you through the process of buying an Austin home so you can start enjoying all that this amazing city has to offer.

Contact us today, and let us help you on your journey to homeownership!


Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and thank you for your market report that you are sharing in the Rain with us.  Make it a great day!

May 24, 2023 07:56 AM