University Heights Homes under $500,000

Welcome to University Heights, a charming subdivision nestled in the heart of Texas, where the spirit of community meets modern living. This vibrant neighborhood is a hidden gem for families, professionals, and retirees alike, offering a perfect blend of convenience and tranquility.

University Heights is known for its picturesque tree-lined streets, friendly neighbors, and a strong sense of community. The subdivision is ideally located near some of the area’s best schools, parks, and shopping centers, making it a prime choice for those seeking an active lifestyle without sacrificing comfort. With easy access to major highways, commuting to nearby cities is a breeze, allowing residents to enjoy the best of both worlds.

One of the most enticing features of University Heights is the availability of beautiful homes priced under $500,000. This makes it an attractive option for first-time homebuyers and those looking to upgrade without breaking the bank. The homes in this subdivision boast a variety of architectural styles, from charming single-family homes to modern townhouses, catering to diverse tastes and preferences. Many properties come with spacious yards, perfect for outdoor activities or simply unwinding after a long day.

In University Heights, you’ll find not just a house, but a place to call home. The welcoming atmosphere, coupled with affordable housing options, makes this subdivision a desirable destination for anyone looking to settle down in Texas. Come explore the possibilities and discover your dream home in the heart of University Heights!

Newest University Heights Homes under $500,000

$199,900

4 Beds ⋅ 2 Baths ⋅ 21414361 MLS ⋅ Na BLDG.

Investment Opportunity – Income-Producing Duplex! Excellent opportunity to add an income-producing property to your investment portfolio! This duplex features two separate units, each offering 2 bedrooms, 1 bathroom, and a functional floor plan designed for comfortable everyday living. Both units feature granite countertops, a combination of luxury vinyl plank flooring and carpet, central air conditioning, and individual laundry hookups for added convenience. Each unit also offers its own private entrance and dedicated parking space. With active leases already in place, this property presents an attractive opportunity for investors seeking an established rental property with immediate income potential. It is also available as part of a larger investment portfolio with MLS 21409129 and MLS 21409264.

2316 Mckenzie Ave Unit 18, Waco

$417,500

4 Beds ⋅ 2 Baths ⋅ 5970052 MLS

Fresh interior paint and new carpet in every bedroom give this 2022 home a clean, move-in-ready feel. All four bedrooms sit on one level, and the open layout centers on a kitchen island with a gas cooktop and stainless appliances. The primary suite has a double vanity and a walk-in closet. Out back, a covered patio looks over a fenced yard with automatic sprinklers. The home is zoned to Georgetown ISD, with Williams Elementary just a short drive away. Here in University Heights, you'll have a community pool and playground, plus trails for evening walks. Quick access to SH 130 keeps the rest of Williamson County within easy reach.

4317 Chapel Hill St, Round Rock

$124,900

2 Beds ⋅ 1 Baths ⋅ 21385945 MLS

Welcome home to this charming, move-in ready 2-bedroom, 1-bath home offering 1,052 sq. ft. of comfortable living space on a .19-acre lot. Step inside to find fresh paint, new flooring throughout, and an abundance of natural light pouring in through large picture windows. The kitchen and dining combination provides plenty of cabinet space, brand new counter tops and an easy, functional layout for everyday living. A spacious laundry area and convenient hallway nook offer additional versatility and storage. A brand-new bathroom vanity adds a fresh, stylish touch while providing extra storage and everyday functionality. Outside, enjoy the large patio overlooking a spacious backyard with mature trees and partial chain-link fencing. With its fresh updates, inviting spaces, and move-in ready condition, this home is ready for its next owner!

2406 Alexander Ave, Waco

$499,800

4 Beds ⋅ 3 Baths ⋅ 7269806 MLS

New Construction | 1 Story | 2,538 Sq Ft | 4 Bed | 3 Bed | Flex Room | Available Winter 2026 | The Lauren is a thoughtfully designed home offering 4 bedrooms, 3 bathrooms, a flex room, and covered outdoor living. With its open layout and adaptable spaces, this home is designed to support your everyday living. The entrance foyer leads to two front bedrooms with walk-in closets, separated by a shared full bathroom. Across the hall, Bedroom 4 features its own walk-in closet and private bath, creating an ideal setup for teens or guests. Nearby, a drop zone at the garage entry keeps daily routines organized. The foyer opens into a bright open-concept living area where the kitchen, casual dining area, and family room flow seamlessly together. The kitchen features a center island overlooking the main living spaces, a large pantry, and ample prep space. Just off the kitchen, a flex room adds versatility and can be used as a playroom or additional living space. Additional base cabinets off the dining area provide the perfect spot for a coffee bar or entertaining storage, enhancing functionality without sacrificing style. The family room overlooks the covered outdoor living area. Tucked at the back of the home and located across from the utility room, the primary suite offers a quiet retreat. The ensuite bath includes dual vanities, a walk-in shower, linen storage, and two walk-in closets for generous storage and organization.

4758 Regents Pl, Round Rock

$474,800

4 Beds ⋅ 3 Baths ⋅ 2295601 MLS

New Construction | 1 Story | 2,399 Sq Ft | 4 Bed | 3 Bath | Study | Available Winter 2026 | The Hampton is a thoughtfully designed single-story home offering 4 bedrooms, 3 full bathrooms, a private study, and a 2-car garage across 2,399 sq. ft. of open, functional living space. At the front of the home, two secondary bedrooms, each with a walk-in closet, share a full bathroom with additional hallway storage nearby. A convenient drop zone at the garage entry helps keep everyday essentials organized, while a third secondary bedroom with a walk-in closet and nearby full bath creates a private retreat for guests or multigenerational living. At the heart of the home, the kitchen features a center island, abundant cabinetry, and a walk-in pantry. The kitchen flows seamlessly into the dining area and family room, creating an inviting space for everyday living and entertaining. Just off the dining area, a dedicated study with French doors and a storage closet provides a quiet and functional workspace. Tucked at the rear of the home, the private primary suite offers a spa-inspired bath with dual vanities, a soaking tub, a walk-in shower, linen storage, and a spacious walk-in closet. The nearby utility room, complete with a built-in folding table, enhances everyday convenience. With its flexible layout, open living spaces, and thoughtful design details, the Hampton offers comfort, functionality, and versatility for a variety of lifestyles.

4754 Regents Pl, Round Rock

$449,795

3 Beds ⋅ 2 Baths ⋅ 3626827 MLS

New Construction | 1 Story | 1,807 Sq Ft | 3 Bed | 2 Bath | Study | Available Winter 2026 | The Bonneville is a beautifully designed single-story home offering 1,807 sq. ft., 3 to 4 bedrooms, 2 bathrooms, a private study, covered outdoor living, and a 2-car garage. This plan balances open-concept living with smart flexibility to fit a variety of lifestyles. Step into the entrance foyer, where a dedicated study with French doors sits just off the entry, perfect for working from home or quiet focus. This space can easily be transformed into a fourth bedroom, offering additional flexibility when needed. Nearby, a drop zone at the garage entry keeps daily essentials organized and within reach. The home opens into a bright living area where the kitchen, family room, and casual dining space flow seamlessly together. The kitchen features a center island overlooking the family room, along with ample cabinet and counter space and a walk-in pantry designed for everyday convenience. Take the party outside and enjoy some time at the covered back patio. Just off the kitchen, two secondary bedrooms each include walk-in closets and share a full bathroom, creating a functional and efficient layout. Tucked at the back of the home for privacy, the primary suite offers a peaceful retreat with an ensuite bath featuring dual vanities, a soaking tub, a walk-in shower, linen storage, and a spacious walk-in closet.

4808 Regents Pl, Round Rock

$424,660

3 Beds ⋅ 2 Baths ⋅ 8948527 MLS

New Construction | 1 Story | 1,807 | 3 Bed | 2 Bath | Study | 2 Car Garage | Available Winter 2026 | The Bonneville is a beautifully designed single-story home offering 1,807 sq. ft., 3 bedrooms, 2 bathrooms, a private study, covered outdoor living, and a 2-car garage. This plan balances open-concept living with smart flexibility to fit a variety of lifestyles. Step into the entrance foyer, where a dedicated study with French doors sits just off the entry, perfect for working from home or quiet focus. Nearby, a drop zone at the garage entry keeps daily essentials organized and within reach. The home opens into a bright living area where the kitchen, family room, and casual dining space flow seamlessly together. The kitchen features a center island overlooking the family room, along with ample cabinet and counter space and a walk-in pantry designed for everyday convenience. Just off the kitchen, two secondary bedrooms each include walk-in closets and share a full bathroom, creating a functional and efficient layout. Tucked at the back of the home for privacy, the primary suite offers a peaceful retreat with an ensuite bath featuring dual vanities, a walk-in shower, a soaking tub, linen storage, and a spacious walk-in closet.

4730 Regents Pl, Round Rock

$429,990

4 Beds ⋅ 2 Baths ⋅ 2509498 MLS

Tucked in the heart of University Heights, this exceptionally maintained single-story home blends modern style with everyday comfort and shows like new. Offering 4 bedrooms, 2 baths, and 1,717 square feet of thoughtfully designed living space, the open floor plan flows effortlessly from the kitchen to the dining and living areas — ideal for relaxed evenings and entertaining. The kitchen is a true centerpiece, featuring quartz countertops, stainless steel appliances, and a generous center island. Luxury vinyl flooring runs throughout for a clean, low-maintenance finish, and the handsome brick-and-stone exterior delivers lasting curb appeal. Step out to the covered patio and take in serene views of the greenspace directly behind the home — a rare backdrop for morning coffee and evening strolls. Best of all, the community pool is just steps away. The location is hard to beat. You're only 3 minutes to SH-130 for a quick commute to Austin, the airport, and Central Texas's major tech employers — including the new Samsung semiconductor campus in Taylor, just 15 minutes away and set to bring thousands of jobs to the region. Everyday conveniences are close too: 10 minutes to HEB, 10 minutes to the Round Rock Outlet Mall and 15 minutes to Stonehill Center for shopping and dining. Beyond your doorstep, enjoy everything Round Rock is known for — a Round Rock Express game at Dell Diamond, Kalahari Resort, the 640-acre Old Settlers Park, the Premium Outlets, and the iconic Round Rock Donuts. From trails and parks to standout local restaurants, this is Central Texas living at its best. Preferred Lender offering a rate-reduction incentive for qualified buyers, lowering initial monthly mortgage payments. Contact listing agent for details and flyer! Impeccably cared for, ideally located, and move-in ready — schedule your private tour today. This property can qualify for up to $17,500 in down payment and closing cost grants — see documents or ask agent for details.

4319 Port Hope St, Round Rock

$159,900

2 Beds ⋅ 1 Baths ⋅ 21347352 MLS

Freshly updated 2 bed, 1 bath cottage with a covered front porch, mature shade trees, and a dedicated laundry room — a rare find at this size. Wood-look vinyl plank flooring, fresh paint, an updated bath with new tub and tiled surround, and an eat-in kitchen with white cabinetry and subway-tile backsplash. Brand-new stainless refrigerator and electric range both convey. Buyer to verify all information.

2321 Alexander Ave, Waco

$488,990

4 Beds ⋅ 3 Baths ⋅ 6860227 MLS

Our top selling one story Hamilton Plan has $60,000 in upgrades. This 2201 SQFT one story with 4 bedrooms, and 3 baths features a gourmet kitchen and buffet with built-in stainless steel appliances, an upgraded 36" gas cooktop and venthood, under-cabinet lights, and a sizeable island for food prepping or entertaining, and is open to the family and dining areas. The master suite boasts a high tray ceiling and large windows. The Primary bath features a large walk-in mud set shower, double sinks with quartz countertops and a generous walk-in closet.

4513 College Square Dr, Round Rock

$149,900

2 Beds ⋅ 1 Baths ⋅ 21303868 MLS

Conveniently located in North Waco, this 2-bedroom, 1-bath home offers 888 square feet of efficient living space just minutes from Reicher High School, McLennan Community College, shopping, and everyday conveniences. The open-concept layout creates a comfortable flow between the living area and kitchen, making the home feel bright and functional. The kitchen features an eat-at breakfast bar, providing additional seating for casual meals or entertaining, this property offers a practical floor plan in a desirable location with easy access to schools and major roads. Don't miss a chance to add this to your portfolio.

2224 Live Oak Ave, Waco

$449,761

3 Beds ⋅ 3 Baths ⋅ 7006775 MLS

READY NOW | New Construction | 1 Story | 2,358 Sq Ft | 3 Beds | 2.5 Baths | Flex Room | 2 Car Garage | The Mariah is a thoughtfully designed single-story home offering 3 bedrooms, 2.5 bathrooms, a flex room, covered outdoor living, and a 2-car garage. With its open layout and refined details, this home blends comfort, style, and everyday functionality. The heart of the Mariah is the spacious kitchen, featuring a large eye-shaped island that overlooks both the family room and dining area, perfect for gathering and entertaining. Ample cabinet and counter space, along with a walk-in pantry, make the kitchen as practical as it is inviting. The family room is filled with natural light from large windows and enhanced by vaulted ceilings. Tucked away for privacy, the primary suite offers a peaceful escape with tray ceilings and French doors leading into the ensuite bathroom. The bathroom features dual vanities separated by a freestanding soaking tub, a walk-in shower, and a spacious walk-in closet that connects directly to the utility room for everyday convenience. A flex room with French doors provides endless possibilities as a home office, playroom, or additional living space. Two secondary bedrooms, each with walk-in closets, are thoughtfully positioned and share a full bathroom, offering comfort and functionality for family or guests. Step outside to enjoy the covered outdoor living area, ideal for relaxing evenings or entertaining guests. With its open-concept design, flexible living spaces, and elegant details, The Mariah delivers modern comfort in a beautifully designed one-story layout.

4746 Regents Pl, Round Rock

Start Your Search

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

Listings provided by LERA MLS

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated:

University Heights Homes under $500,000

Newest University Heights Homes under $500,000

How much is your home worth?

How much is your home worth?