Katy Homes under $500,000

Welcome to Katy, Texas—a vibrant city that perfectly blends small-town charm with modern conveniences. Nestled just west of Houston, Katy boasts a rich history, a flourishing community, and a dynamic lifestyle that attracts families, professionals, and retirees alike. Known for its excellent schools, beautiful parks, and a variety of shopping and dining options, Katy is a place where residents can truly thrive.

One of the most appealing aspects of Katy is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you’ll find an array of options, from charming single-family homes to contemporary townhouses, all designed to cater to various tastes and budgets. Whether you’re a first-time homebuyer or looking to downsize, Katy offers properties that provide both comfort and value.

The neighborhoods in Katy are characterized by tree-lined streets, friendly neighbors, and well-maintained parks, making it an ideal environment for families. Many homes feature spacious yards, modern amenities, and proximity to top-rated schools, ensuring that your little ones have access to quality education. Additionally, the city’s commitment to community events and local festivals fosters a strong sense of belonging.

With convenient access to major highways, commuting to Houston for work or leisure is a breeze, allowing residents to enjoy the best of both worlds—serene suburban living and the excitement of city life. If you’re searching for a welcoming community with affordable housing options, Katy, Texas, is the perfect place to call home. Explore our listings today and discover your dream home in this delightful city!

Newest Katy Homes under $500,000

$270,000

4 Beds ⋅ 2 Baths ⋅ 52569674 MLS

Welcome to this charming home tucked away on a quiet cul-de-sac street in Katy! This inviting property offers a comfortable layout with plenty of space for everyday living and entertaining. Enjoy a bright and welcoming atmosphere, functional living areas and a private setting that feels like home. The kitchen provides a practical space for preparing meals and gathering with loved ones. Generously sized bedrooms offer flexibility for family, guests, or a home office. Step outside to enjoy the backyard, perfect for relaxing, outdoor activities or creating your own personal retreat. Conveniently located near shopping, dining, schools and major roadways, this home combines comfort and privacy. With its peaceful setting and versatile living spaces, this property offers an inviting backdrop for creating lasting memories. Come see all that this Katy home has to offer!

20915 Penny Rock Ct, Katy

$220,000

3 Beds ⋅ 1 Baths ⋅ 35007060 MLS

LOCATION, LOCATION!!! Conveniently located near Franz Rd & Grand Parkway, this charming 3-bedroom, 1-bath home offers custom Mexican granite flooring and matching kitchen countertops, recessed lighting, and energy-saving windows. The kitchen features well-maintained cabinetry, a simple backsplash, breakfast bar, and ample storage. The renovated bathroom boasts updated finishes and a beautiful marble shower wall. Major updates include a 2023 roof, 2021 windows and sliding glass door, and 2023 updated HVAC system. The backyard offers room to create your own outdoor space, along with a functional storage shed. Conveniently located near Katy Asian Town, shopping, dining, entertainment, and major roadways. A wonderful opportunity to make this home your own and create your next chapter. Bring your vision, add your personal touch, and make this charming home yours!

23814 Griffin House Ln, Katy

$379,967

4 Beds ⋅ 3 Baths ⋅ 68774330 MLS

This home boasts a prime location with excellent school ratings and major retailers like HEB, Costco, and Toro District just 5–10 minutes away. Located in Elyson, one of Katy’s largest master-planned communities, it offers heated swimming pools (also open in winters), walking trails, pickleball and tennis courts, a fitness center, cafés, restaurants etc. Conveniently close to 99 and 290, and near Cypress, Tomball, Waller, and Hockley. The like-new property features 4 bedrooms and 2.5 baths, with an open kitchen connected to the family room. The primary suite includes a spacious walk-in closet with direct laundry room access, plus a guest half bath. No carpet on the first floor. Upstairs are 3 bedrooms with high ceilings and tall windows that fill the space with natural light. The upgraded second full bath offers double sinks and tile to the ceiling in the standing shower. Enjoy this personal oasis without waiting for new construction—like new, but with superior quality and location.

7307 Winding Aster Way, Katy

$365,000

5 Beds ⋅ 4 Baths ⋅ 15553045 MLS

NEW PRICE & INCREDIBLE VALUE! Now offered at $365,000, this spacious Westgreen Park home delivers approximately 3,396 sq. ft., 6 bedrooms and 3.5 baths with a flexible floor plan designed to adapt to your needs. Use all six bedrooms, or transform one of the oversized upstairs rooms into a game room, media room, home office or second living area. The first-floor primary suite provides privacy and convenience, while multiple living and dining spaces offer plenty of room to gather and entertain. A 2024 roof, desirable corner lot and neighborhood pool and playground add even more value. Conveniently located near I-10, Grand Parkway, shopping, dining and entertainment. Nearly 3,400 sq. ft. and six bedrooms for $365,000—come see how much home your money can buy in Katy!

2123 Gable Hollow Ln, Katy

$404,900

3 Beds ⋅ 2 Baths ⋅ 92018069 MLS

Located in the gated Fairways at Kelliwood community, this beautifully maintained home at 4111 Clubhollow in Katy offers timeless design, spacious living, and an exceptional layout. Generous living and dining areas feature high ceilings and abundant natural light, ideal for everyday living and entertaining. The well-appointed kitchen opens to the main living space and overlooks the backyard. The primary suite offers private backyard access and a spa-like bath, creating a true retreat. Enjoy outdoor living on the oversized covered back patio, perfect for relaxing or hosting guests, surrounded by mature landscaping. Secondary bedrooms provide flexibility for family, guests, or a home office. Zoned to top-rated Katy ISD and conveniently located near golf, shopping, dining, and major commuter routes, this home offers privacy, security, and comfort in one of Katy’s most desirable gated neighborhoods.

4111 Clubhollow, Katy

$349,900

4 Beds ⋅ 3 Baths ⋅ 70969485 MLS

LAKEFRONT 4-bed, 3-bath home in Sunterra. offers 2,036 sq ft. Layout optimized for premium lake views throughout the home and upgraded view fencing, no rear neighbors. Interior has an open-concept kitchen, dining and living area, dedicated flex space & all bedrooms on one level. Lake views extend through the main living areas and primary suite. The kitchen features a large quartz island, gas range, walk-in pantry, soft-close cabinetry, under-cabinet lighting and reverse osmosis. The primary suite includes lake-facing bay windows and an oversized walk-in rain shower with bench. Covered patio with gas hookup overlooks the fenced backyard and lake, where the sun sets over the water. Upgrades include LVP flooring, tankless water heater, Kinetico water softener and irrigation system. Sunterra amenities include Crystal Lagoon, white-sand beach, lazy river, splash pad, fitness center, pickleball, tennis and multi-use trails. Zoned to KISD - Easy access to I-10 and Grand Parkway (Hwy 99).

1212 Garden Jade Dr, Katy

$349,000

3 Beds ⋅ 2 Baths ⋅ 23974429 MLS

Welcome to 6722 Greenwood Valley. This beautifully designed home stands apart with a unique, thoughtfully designed floor plan that offers exceptional flow, functionality, and flexibility for everyday living and entertaining. Very well-maintained, completely ready for its next owner. Fresh paint throughout. Offering tall ceilings, excellent space, and natural light. Island kitchen with gas range, granite countertops, and tons of counter and storage space. Formal dining as well as breakfast area. Rare find with nice size yard and covered, extended back patio. Residents of Elyson enjoy several pools, fitness centers, tennis + pickleball courts, splash pads, playgrounds, miles of trails, parks. Easy access to the 99 Grand Parkway and FM 529, restaurants, grocery stores, and all your lifestyle needs. Zoned to the highly rated Katy ISD, including McElwain Elem, Nelson Jr High, + Freeman High. Buyer to verify dimensions. This one is a rare find!

6722 Greenwood Valley Pl, Katy

$214,000

3 Beds ⋅ 2 Baths ⋅ 7907563 MLS

Three bedroom, two bath single family residence with a functional floor plan, comfortable living area, attached 2 car garage, and fenced backyard.

3227 Amber Meadow Dr, Katy

$389,900

4 Beds ⋅ 3 Baths ⋅ 2268064 MLS

Awesome One Story w/ Great open floor plan. Beautiful glass front door. Gorgeous light fixtures in foyer & dining area. High ceilings! Stunning gourmet kitchen-HUGE Island/breakfast bar with lots of seating. Recent Stainless Steel Appliances-Gas Cooktop-6/26. Microwave-5/25. Frig-8/23. Granite Countertops & Beveled Edge White Subway tile backsplash. Undercabinet lights. Tons of counterspace & lots of upper/lower 42 inch cabinets, plus a pantry! Wood floors in common areas. Light & bright w/ Double-paned windows. MASSIVE Primary Suite w/ Enormous walk-in closet. Spa-like primary bathroom w/ Double sinks, separate shower & soaking tub. Extra work niche/reading nook in hallway near spacious laundry room. Two guest bathrooms! Ceiling fans. Livingroom over looks large covered backpatio. Landscaped back yard with wood privacy fence. Entire AC & Furnace-August 2026. Tankless Hot water heater. Gutters. Sprinklers. Just a few steps across the street is access to walking trails around the lakes!

4418 Brenta Mountain Ln, Katy

$219,000

2 Beds ⋅ 2 Baths ⋅ 70491110 MLS

Welcome to this charming 2 bedroom, 2 bathroom home right in the Heart of Katy! This well-maintained property features a combination of brick and Hardie plank siding, double-pane windows, a recent roof, recent A/C, and a recent water heater. Enjoy a spacious backyard with plenty of room to relax, entertain, or play. With NO HOA and NO MUD tax, this home offers both comfort and convenience in a great location close to shopping, dining, schools, and Downtown Katy community activities. Zoned to Hutsell Elementary, Katy JH, and Katy HS!

2508 Village Circle Dr, Katy

$399,000

4 Beds ⋅ 4 Baths ⋅ 45757903 MLS

Cul-de-sac lot! The Katy home plan embodies spaciousness and sophistication across two levels. The grand room opens up to soaring ceilings that extend to the second floor. The gourmet kitchen has a generous center island and walk in pantry that provides abundant storage and prep space, perfect for casual family meals and gatherings. The primary suite located on the first floor offers a serene retreat with tray ceilings and a double door entry to a luxurious bathroom with separate vanities for added convenience. Upstairs, the open loft creates a secondary living space, with three additional large bedrooms and two baths that offer ample room for family or guests. This two-story home balances functionality with style. This home features the AW Collection® Serene, with white cabinetry, natural textures, and soft earth tones that create a peaceful, open, and light-filled living space.

27539 Aster Grn, Katy

$270,000

3 Beds ⋅ 2 Baths ⋅ 14957726 MLS

This recently updated 3 Beds/2 Baths/2 car garage is close to great schools, shopping and accessible roadways. This split one-story plan has an open concept layout with a large kitchen and a breakfast bar. The large primary retreat in the rear of the home is quiet, spacious and has its own Mini-Bar with wine fridge and microwave. The en-suite bath has a separate shower and soaking tub. You might lose yourself in relaxation. For backyard fun, enjoy the covered patio while entertaining. ***********OPEN HOUSE / SUNDAY, OCTOBER 4, 2026 from 3 to 5 PM**********

3211 Madison Elm St, Katy

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