Downtown Austin Homes under $250,000

Downtown Austin Homes under $250,000

Welcome to Downtown Austin, a vibrant urban oasis that perfectly blends the energy of city life with the charm of Texas hospitality. Nestled in the heart of Travis County, this dynamic neighborhood is not just the capital of Texas but a cultural hub that’s brimming with art, music, and culinary delights. With its eclectic mix of historic buildings and modern architecture, Downtown Austin offers a unique living experience that appeals to everyone, from young professionals to families seeking a lively community atmosphere.

For those looking to invest in real estate without breaking the bank, Downtown Austin has an exciting opportunity: homes under $250,000. These affordable options provide a fantastic entry point into one of the most sought-after neighborhoods in the country. Imagine living just steps away from iconic landmarks like the Texas State Capitol, the bustling Sixth Street entertainment district, and the scenic Lady Bird Lake.

The charm of Downtown Austin extends beyond its attractions; it’s also known for its friendly community and walkable streets, making it easy to enjoy local coffee shops, boutique stores, and lush parks. Whether you’re a first-time homebuyer or an investor looking for a rental property, the affordable homes in this area are a rare find.

Embrace the allure of Downtown Austin, where a vibrant lifestyle meets budget-friendly living. Discover your perfect home today and become part of a community that celebrates the best of Texas living!

Newest Downtown Austin Homes under $250,000

1800 Lavaca St Unit 204, Austin
$168,000
1 Beds ⋅ 1 Baths ⋅ 3962260 MLS ⋅ 78701 Zip Code
Opportunity is Knocking. Super Value . Unbelievable Price. Impeccable Location. Magnificent Affordable Midrise bordering the University of Texas and Downtown. Open floorplan with custom ceramic tile through out with upgraded kitchen and bath with Maple Cabinets, Granite Counters, and Stainless Appliances. Secured Entry and Parking. HOA dues cover Electric, Water, Hot water, and Gas. One Block from the UT Campus and 5 blocks to the Capital.

1800 Lavaca St Unit 204, Austin
1800 Lavaca St Unit 512, Austin
$174,900
1 Beds ⋅ 1 Baths ⋅ 9126798 MLS ⋅ 78701 Zip Code
Welcome to Greenwood Towers, where mid-century charm meets modern convenience in the heart of Austin. This 1- bedroom, 1-bath condominium offers an unbeatable location just steps from the University of Texas campus and the iconic Bob Bullock Texas State History Museum, with countless restaurants, coffee shops, and cultural destinations all within easy walking distance. Inside, you'll find a move-in-ready unit featuring brand-new stainless steel appliances — including a new dishwasher, stove, and refrigerator — set against freshly painted walls and warm bamboo hardwood floors. The galley kitchen offers ample cabinet storage, while the open living area is bathed in natural light through floor-to-ceiling windows with sweeping views of the MLS and Guadalupe St. The spacious bedroom features a built-in shelving and dresser unit with generous closet space. Building amenities include a beautifully lobby, community courtyard, and on-site laundry facilities. An assigned parking spot is included. Best of all, the HOA covers electricity, gas, trash, water and wastewater — making this one of Austin's most cost-efficient addresses for urban professionals, students, and investors alike. Don't miss your chance to own a piece of one of Austin's most walkable and vibrant neighborhoods. Schedule your showing today!

1800 Lavaca St Unit 512, Austin
44 East Ave Unit 1208, Austin
$231,288
2 Beds ⋅ 2 Baths ⋅ 8862278 MLS ⋅ 78701 Zip Code
Welcome to 44 East, where modern living meets affordable homeownership in the heart of Austin! This well-appointed 2-bedroom, 2-bathroom condo features an open-concept floor plan, a private balcony, and a thoughtfully designed kitchen with appliances included. Washer and dryer hookups provide added convenience, making this home move-in ready. Residents enjoy an impressive collection of community amenities, including a resort-style pool, fitness center, conference/co-working room, game and entertainment area, dog run, and beautifully maintained common spaces—perfect for work, relaxation, and play. Conveniently located near downtown Austin, major employers, restaurants, shopping, and entertainment, this home offers exceptional value in one of the city's most desirable locations. This home is part of the City of Austin Affordable Housing Program. Buyers must meet the program's eligibility requirements, including the 80% Median Family Income (MFI) limits, and complete the income qualification process before purchase. Contact the listing agent for program details and qualification requirements.

44 East Ave Unit 1208, Austin
1800 Lavaca St Unit A107, Austin
$175,000
1 Beds ⋅ 1 Baths ⋅ 7446671 MLS ⋅ 78701 Zip Code
Charming 1BD/1BA, 608 sq. ft. ground-floor condo in Greenwood Towers. This prime location is just a 3–8-minute walk to UT, ACC, the Museum District, the State Capitol, downtown, dining, shopping, and entertainment. Additionally, the condo is only a 5-minute drive from the Plaza Saltillo commuter rail station. The secure building offers controlled access to the lobby, community laundry, reserved garage parking, courtyard and bike storage. Unit #107 is one of only four ground-floor units, it offers privacy and convenient access to all building amenities. HOA fee covers all the utilities: electricity, gas, water, trash collection and maintenance of all the common areas. Priced to sell AS-IS, this unit features a high-potential layout ready for personal updates. Bring your best offer!

1800 Lavaca St Unit A107, Austin
1800 Lavaca St Unit A613, Austin
$199,999
1 Beds ⋅ 1 Baths ⋅ 7046622 MLS ⋅ 78701 Zip Code
Located on the 6th floor of 1800 Lavaca, this fully redesigned top floor condo offers a clean, modern aesthetic paired with stunning downtown-facing views that truly come alive at night; large windows draw in natural light throughout the day while framing the city skyline, creating a bright and elevated living experience. Inside, the condo has been thoughtfully updated from top to bottom. Wide-plank flooring runs seamlessly throughout, complemented by fresh paint and a cohesive, designer-driven palette. The living space is anchored by a striking custom slat accent detail beneath the windows, adding warmth and architectural interest while maintaining a minimalist feel. The kitchen has been completely refreshed with quartz countertops, shaker-style cabinetry, modern hardware, and stainless steel appliances, delivering both function and style in a compact, efficient layout. Clean lines and soft tones continue into the bathroom, which has been fully renovated to match this condo's elevated design. A curated entry moment welcomes you with statement wallpaper, a floating console, and a modern mirror, setting the tone for the intentional design carried throughout the unit. With its elevated position, downtown orientation, and full interior renovation, this unit offers a rare blend of turnkey convenience and refined urban living in one of Austin’s most central locations at this price point! Come and tour it today.

1800 Lavaca St Unit A613, Austin
1808 Rio Grande St Unit 2, Austin
$245,000
1 Beds ⋅ 2 Baths ⋅ 8745421 MLS ⋅ 78701 Zip Code
Located just a few blocks from UT and in walking distance to downtown Austin, 1808 Rio Grande is the perfect option for a spacious 1 bedroom condo that is both convenient and affordable. The condo features a two story layout with the bedroom and primary bathroom upstairs, and the living/kitchen and half bath downstairs. This condo is perfect for UT Students who want a nice quiet place in walking distance to campus or even professionals who want a property in the downtown zip code of 78701 that is affordable. Contact the Gill Cave Group to schedule a viewing.

1808 Rio Grande St Unit 2, Austin
1800 Lavaca St Unit 102, Austin
$199,000
1 Beds ⋅ 1 Baths ⋅ 7968686 MLS ⋅ 78701 Zip Code
**Located minutes from UT ** Beautifully Updated ** For Sale and Lease** Experience the best of downtown living in this beautifully renovated condo, thoughtfully updated with a modern kitchen, stylish bathroom, and convenient in-unit laundry. This elevated first-floor residence offers both privacy and ease of access—no elevator required—within a secure, controlled-access building featuring an on-site property manager, secure package delivery, and a nighttime security officer for added peace of mind. Inside, you’ll find rich Brazilian cherry hardwood floors, sleek quartz countertops, and a full suite of stainless steel appliances, including a dishwasher, refrigerator, air-fryer microwave, and gas range. Central heating and air conditioning ensure year-round comfort, while expansive south-facing windows fill the home with abundant natural light. Residents can also enjoy the serene shared courtyard—perfect for relaxing or unwinding outdoors. The HOA covers electricity, gas, trash, water, and wastewater services, and the unit includes an assigned covered parking space in a gated garage. A perfect blend of comfort, style, and convenience in a prime downtown location.

1800 Lavaca St Unit 102, Austin
1800 Lavaca St Unit A508, Austin
$242,000
2 Beds ⋅ 1 Baths ⋅ 7373359 MLS ⋅ 78701 Zip Code
MOTIVATED SELLER. All offers considered. This 2-bed 1-bath condo offers 2 RESERVED PARKING SPACES and ALL UTILITIES(electric, water, gas, trash & sewer)! Recent A/C. Granite counters. Nice lobby w/controlled access & on-site manager gated/secured garage AND On-site security 9pm - 5am. Association fee covers building maintenance and active maintenance projects. On-site laundry and secure bike storage. Only 1 block south of UT campus/UT Business School & AT&T Conference Center, 1-2 blocks west of many museums & short distance to Dell Medical. On bus routes. Information from several sources, agents, buyers please verify.

1800 Lavaca St Unit A508, Austin
1800 Lavaca St Unit 203, Austin
$179,900
1 Beds ⋅ 1 Baths ⋅ 9049722 MLS ⋅ 78701 Zip Code
Spacious and well-appointed 1 bedroom, 1 bath condo available at Greenwood Towers. This residence offers a secure, gated community with convenient garage parking, all while being ideally located just minutes from the University of Texas at Austin campus and downtown Austin. Enjoy a comfortable layout and unbeatable access to dining, entertainment, and everything the city has to offer.

1800 Lavaca St Unit 203, Austin
1800 Lavaca St Unit A806, Austin
$189,000
2 Beds ⋅ 1 Baths ⋅ 1141307 MLS ⋅ 78701 Zip Code
A true Downtown experience * Greenwood Towers offers its' owners benefits a step above with amenities including a welcoming lobby, on-site concierge service, elevators, a laundry center, private large open courtyard, secured entry and paring, building security, gated garage parking, cluster mailboxes, and secure bike storage. Plus, your HOA dues pay for the electricity, gas, water, wastewater services, trash, hot water and one assigned parking space. Located in the heart of downtown Austin, this condo has large windows in both the spacious living and bedroom areas fill the space with natural light and City views. The open-concept floorplan has one bedroom and one study/2nd bedroom. The study has always been used as the 2nd bedroom. The kitchen offers a built-in microwave, stainless steel appliances, gas cooking range, dishwasher, range hood and refrigerator. Your condo offers unbeatable walkability to the UT campus, only one block away, the Museum District, Dell Medical Center, only five blocks from the State Capitol, and The Drag. Residents enjoy easy access to a wide variety of eclectic restaurants, unique bars, and cozy coffee shops. Living here puts you in the center of it all—making errands, shopping, meeting friends for drinks incredibly convenient and the city's best night life. Information provided within came from many sources and therefore cannot be guaranteed. Buyer and its' agent should verify all information before making an offer.

1800 Lavaca St Unit A806, Austin
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