Bastrop/Smithville Homes under $500,000

Bastrop/Smithville Homes under $500,000

Welcome to the charming towns of Bastrop and Smithville, nestled in the heart of Texas! Known for their rich history, scenic landscapes, and a welcoming community atmosphere, these towns offer a unique blend of small-town charm and modern convenience.

Bastrop, often referred to as the "Heart of Texas," is famous for its picturesque historic downtown, featuring beautifully preserved buildings and a vibrant arts scene. The lush piney woods and the tranquil Colorado River provide ample opportunities for outdoor enthusiasts, whether you're hiking, fishing, or simply enjoying a leisurely stroll along the riverbank. With a variety of local shops, restaurants, and cultural events, Bastrop is a delightful place to call home.

Just a short drive away lies Smithville, a quaint town that boasts a rich film history, having served as a backdrop for several movies. Known for its friendly residents and community spirit, Smithville offers a slower pace of life while still providing access to modern amenities. The town is surrounded by beautiful countryside, making it an ideal spot for those who appreciate nature and outdoor activities.

For homebuyers looking for affordable options, both Bastrop and Smithville feature a range of charming homes under $500,000. From cozy cottages to spacious family homes, there’s something for everyone in this price range. With the current market offering great value, now is the perfect time to explore the possibilities of homeownership in these vibrant communities. Experience the warmth and charm of Bastrop and Smithville, where your dream home awaits!

Newest Bastrop/Smithville Homes under $500,000

442 Big Bow, Smithville
$215,000
2 Beds ⋅ 2 Baths ⋅ 5450000 MLS ⋅ 78957 Zip Code
Lakefront living at a super affordable price! This extensively renovated two-bedroom, two-bath home sits high on a beautiful, green, triple lot with mature trees in Smithville’s Indian Lake community. Inside, you’ll find new flooring, fresh paint, bright living spaces, and a kitchen with white cabinetry. Two sets of sliding glass doors open onto an absolutely stunning deck with a view of the lake where gray and white heron are often seen. There’s plenty of room for grilling, having friends over, or just sitting outside and enjoying the peaceful setting. Mature trees provide shade, and the spacious green yard gives you room to spread out. The property also has its own private dock with access to the water, dependent on lake levels. Neighborhood amenities include a 30-acre stocked fishing lake, a park, and a seasonal pool. Make it your full-time home, a weekend getaway, or explore its potential as an Airbnb investment, subject to community rules and applicable rental requirements. An extensively renovated home, a beautiful lakefront setting, and a triple lot—all at an affordable price. Come take a look!

442 Big Bow, Smithville
7413 Grenadine Bloom Bnd, Del Valle
$307,000
4 Beds ⋅ 2 Baths ⋅ 6967952 MLS ⋅ 78617 Zip Code
This 4-bedroom, 2-bathroom home in the desirable Sun Chase community is full of potential and ready for your personal touch. The kitchen features a functional island, perfect for meal prep and gathering with family and friends. Enjoy a spacious backyard with plenty of room for outdoor entertaining, relaxing evenings, and memorable gatherings. This home needs a little TLC but offers a wonderful opportunity to make it your own!

7413 Grenadine Bloom Bnd, Del Valle
18420 Sun Haven Cv, Elgin
$215,500
3 Beds ⋅ 2 Baths ⋅ 9891570 MLS ⋅ 78621 Zip Code
This move-in ready 3-bedroom, 2 bath, single-story home has been beautifully upgraded and refreshed. This home features numerous upgrades, including a new roof in (2024), a new AC compressor in (Oct. 2026), and a new garage door in (2019). All interior walls, ceilings, closets, & trim, along with the interior of the garage were freshly painted in (Oct. 2026). Brand new carpet in all 3 bedrooms, closets and living room installed (Oct. 2026). Brand new cordless vinyl mini blinds throughout. The kitchen features brand new cabinets w/soft-close doors and drawers plus hardware, granite countertops, stainless steel kitchen sink w/faucet and whirlpool microwave in (Oct. 2026). Newer Whirlpool gas range, LG stainless steel dishwasher, and Frigidaire refrigerator in (2024). The primary and secondary bathrooms have new granite countertops and sinks, hardware, mirrors, light fixtures, towel and hand rack, toilet seats, and freshly painted double vanity cabinets in (Oct. 2026). Conveniently located right off of US-290 with easy access to Manor, Austin, and neighboring towns. Nearby amenities include HEB, Walmart, restaurants, schools, etc.

18420 Sun Haven Cv, Elgin
116 Wilderness Trl, Elgin
$249,900
4 Beds ⋅ 2 Baths ⋅ 9293200 MLS ⋅ 78621 Zip Code
Want to plant a tree? No HOA committee to ask. Dreaming of a backyard pool or adding a storage shed? Enjoy the freedom of homeownership without an HOA dictating every decision. No HOA fees, no architectural review committee, and more freedom to make your property your own. Welcome to 116 Wilderness Trail, a beautifully refreshed, single-story, four-bedroom, two-bath home offering comfortable living and exceptional value. The spacious interior features attractive luxury vinyl plank flooring, fresh paint, updated lighting, and new carpet in the bedrooms. The bright kitchen showcases distinctive whitewashed cabinetry accented with newly installed hardware, a stylish tile backsplash, and stainless steel appliances. Step outside to a generous covered backyard deck, perfect for relaxing, entertaining, or enjoying the Texas evenings. The privacy-fenced backyard offers room to make it your own. A dimensional composition shingle roof installed in 2025 adds to the home's appeal. Enjoy small-town Elgin living with multiple routes connecting you to Pflugerville, Round Rock, and the greater Austin area. An updated home, a welcoming neighborhood, and the freedom of living without an HOA.

116 Wilderness Trl, Elgin
153 Orquidea Dr, Dale
$326,000
5 Beds ⋅ 3 Baths ⋅ 2575013 MLS ⋅ 78616 Zip Code
Potential extra rental income: this property boasts a new apartment, located in the back of the property, and presents a fantastic opportunity for extra income. Currently leased for $1,000 a month . With its open floor plan, this property offers stunning views, making it the perfect. Setting for memorable family gatherings or perfect relaxation. Both the front and back porches invite you to savor your morning coffee, bask in the sunrise and take in breathtaking sunsets. Don't miss both comfort and potential.

153 Orquidea Dr, Dale
150 Mandy Ln, Red Rock
$199,900
2 Beds ⋅ 2 Baths ⋅ 3076040 MLS ⋅ 78662 Zip Code
Escape the hustle and bustle and enjoy peaceful country living at 150 Mandy Lane in Red Rock! Situated on nearly 3/4 of an acre with mature trees, this charming 3-bedroom, 2-bath manufactured home offers 1,152 square feet of comfortable living space and plenty of room to enjoy the outdoors. The fenced and gated property provides added privacy and room to spread out. Step inside to an inviting open-concept floor plan featuring a spacious living area and a functional kitchen with a center island, perfect for everyday living and entertaining. The primary suite offers an ensuite bath, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Outside, enjoy morning coffee on the back deck, relax beneath the trees, or take advantage of the generous yard space for pets, gardening, and outdoor activities. Enjoy the charm of country living while remaining conveniently located near Bastrop, Lockhart, and surrounding Central Texas communities. Whether you’re looking for a primary residence or a peaceful retreat, this property offers a wonderful blend of comfort, privacy, and country charm!

150 Mandy Ln, Red Rock
232 Waikakaaua Dr, Bastrop
$399,900
3 Beds ⋅ 2 Baths ⋅ 5132862 MLS ⋅ 78602 Zip Code
Privacy and natural beauty meet in this custom home set within the trees of Tahitian Village. Inside you’ll find 3 bedrooms and 2 bathrooms arranged around an open floor plan that feels light and welcoming. The kitchen is built for gathering with a generous island and ample storage that opens to the living and dining spaces. Oversized windows invite the outdoors in and keep the home bright from morning to evening. The primary suite offers a calm escape with an updated bathroom and a spacious walk in shower. Wind down on the covered back porch surrounded by greenery and peaceful Bastrop living.

232 Waikakaaua Dr, Bastrop
131 Laura Ln, Bastrop
$335,000
3 Beds ⋅ 2 Baths ⋅ 2256190 MLS ⋅ 78602 Zip Code
A happy home in harmony with the natural world that envelops it, offering lovely nature views from every window. It's like living in the woods, but still within city limits! Surrounded by more trees than neighbors and backing to a large rural tract, this home is a peaceful pocket of privacy. Calling all woodland creatures! Skylights and large windows bring natural light, while the wood-burning fireplace brings the cozy. The guest bedrooms and bathroom are located at the front of the house, with the primary bedroom and bathroom tucked at the back. A sturdy metal roof keeps a tight lid on your most precious investment. Improvements include replacement of HVAC and water heater (Rheem Marathon water heater with corrosion-proof tank), home leveling, pressure washing, window cleaning, and renovations to both bathrooms. New tile in bathrooms, and vinyl plank flooring throughout the rest. The oversized 2-car garage is so big! There’s room for storage, a small workshop, and laundry facilities. The back deck is also impressive! A portion of the back deck is covered, and a larger portion is open to the sky, built around a beautiful tree, with native plantings in the stone planter. A double-decker treehouse/playhouse with a stargazing platform adds another layer of woodland whimsy. The rain barrel conveys! The tank is from Texas Metal Tanks, which has manufactured tanks in Texas for over 90 years. The greenhouse conveys too! Put your green thumb to work, and keep your plants hydrated with precious rainwater. The Piney Ridge neighborhood is ideally situated for nature lovers who also appreciate easy access to city conveniences. This home is less than 3 miles from Lake Bastrop, Bastrop State Park, and Historic Downtown Bastrop. SpaceX is 10 miles away, and Austin-Bergstrom International Airport is 25 miles away. Read about the rich ecology of this Bastrop Lost Pines Forest and Woodland area on TPWD’s Ecological Mapping Systems of TX.

131 Laura Ln, Bastrop
3209 River Rd, Cedar Creek
$339,900
3 Beds ⋅ 2 Baths ⋅ 6574583 MLS ⋅ 78612 Zip Code
Some homes have a backyard. This one has a skatepark. Set on just over half an acre in Cedar Creek, this 3-bedroom, 2-bath home offers 1,352 square feet of comfortable, single-story living surrounded by mature trees. Inside, you'll find a bright living area, an eat-in kitchen, and a practical layout with room to make it your own. Out back is something you don't come across every day: a professionally built concrete skate bowl designed for skateboarding and BMX. It's a serious setup, right in your own backyard. There's more to the property than the bowl, too. A covered porch, generous outdoor space, a two-car carport, and storage sheds add room for everyday living, projects, and whatever else you're into. A comfortable home, room to spread out, and a backyard that's anything but ordinary.

3209 River Rd, Cedar Creek
no property photo
$326,000
2 Beds ⋅ 7 Baths ⋅ 8996910 MLS ⋅ 78616 Zip Code
Potential extra income from this Property includes a new apartment in the back of the house, with a great view, all upgraded, open floor plan, new kitchen cabinets, and all new flooring, shower, and blinds; it is currently leased for $1,000 a month. The open floor plan of this property offers nice views, perfect for family gatherings or just to relax; the front and back porches have the perfect view to enjoy your coffee in the morning, sunrise, and perfect .sunset.

153 Orquidea Dr, Dale
119 Coleto Trl, Bastrop
$447,528
4 Beds ⋅ 3 Baths ⋅ 2887430 MLS ⋅ 78602 Zip Code
NEW CONSTRUCTION BY ASHTON WOODS! Available November 2026! Discover the captivating allure of this thoughtfully designed home plan, boasting a total of 4 bedrooms and 2.5 bathrooms across two impeccably crafted stories. With a spacious living area and a charming dining space, the Cassidy home plan exudes a warm and inviting ambiance for memorable gatherings. The open-concept layout offers seamless flow, while generous storage and large windows flood the space with natural light. Ideal for both relaxation and entertaining, this home offers everything you need for comfortable living. This home was used as an Ashton Woods Sales Center/Model Home and features the Luxe Design Collection.

119 Coleto Trl, Bastrop
170 Fossil Dr, Cedar Creek
$376,990
4 Beds ⋅ 3 Baths ⋅ 8998122 MLS ⋅ 78612 Zip Code
Brand new, energy-efficient home available by Sep 2026! Unwind in the private main floor primary suite, complete with a sizeable walk-in closet and bath. Linen cabinets with black pearl granite countertops, warm beige EVP flooring, and warm multi-tone taupe carpet in our Chic package. Waterstone Crossing is a beautiful new community in Kyle, TX. Explore shopping, restaurants, and entertainment at Kyle Marketplace, Kyle Crossing, and the San Marcos Premium Outlets. Spend the day fishing at Lake Kyle or enjoy a round of golf at Plum Creek Golf Course. Look forward to incredible amenities including a swimming pool, trails, playground, and pickleball court. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

170 Fossil Dr, Cedar Creek
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