What Does $500,000 Buy in Austin, TX?

Posted by Brian Enright on Friday, March 22nd, 2019 at 2:29pm.

Austin, TX, is, a very cool place to live by all accounts. Not to mention, it is one of our top ten cities to watch in 2019. There's live music everywhere and the city has a vibrant arts scene. However, if you're considering moving to Austin these days, it's probably because you're taking advantage of one of the job opportunities that have been popping up all over the metro area.

It would be hard to mention new jobs in Austin without talking about Apple. The tech mega-giant just added 5000 new jobs to the area, and that has a definite effect on housing in the city. Here's what $500,000 could get you in the Texas capital's newly competitive market. 

The two places you would probably want to look to get the most for your money in a centrally located downtown condo would be in Seaholm or right across the Colorado River in the northern part of Zilker. Each has its unique benefits: 

  • Seaholm is a convenient, downtown oasis with museums, aquatic recreation, shopping and even city hall — all within a few square blocks.
  • North Zilker is right across the bridge from downtown, but it really stands out for unparalleled access to Zilker Park and the Barton Creek Greenbelt and bike trail along the famous greenway.

Check out the area along Barton Springs Road if you're tempted by the access to Austin's natural amenities. Modern one-bedroom units in condo towers are relatively easy to find there for around $500,000. In Seaholm, check out the Seaholm Residences — a full-amenity building with a pool. The smaller one-

bedroom unit can come in right under $500,000.

Check out the area along Barton Springs Road if you're tempted by the access to Austin's natural amenities. Modern one-bedroom units in condo towers are relatively easy to find there for around $500,000. In Seaholm, check out the Seaholm Residences — a full-amenity building with a pool. The smaller one-bedroom unit can come in right under $500,000.

There are also many distinctive detached single-family homes outside of the downtown area available for around half a million in Austin. Long story short, the market is more competitive these days, with increased volume and high values. However, there are still plenty of opportunities for you, regardless of where you want to live and which type of housing suits you best. Take a look at everything on the complete Austin, TX, condo directory.

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