Homes for sale under $500k in Alamo, TX

132 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $500k in Alamo, TX
This exceptional property presents an attractive investment opportunity, characterized by robust rental income potential. Constructed in 2025, the four-unit building features two bedrooms and two bathrooms in each unit. Each apartment is equipped with essential appliances, including a stove/range with a smooth top, refrigerator, washer, dryer, and microwave oven. Strategically located near shopping centers, dining options, and educational institutions, these pet-friendly apartments cater to a diverse range of lifestyles. The property offers the added benefit of eight covered parking spaces.

$495,000

— beds— baths3,746 sq ft

416 E Acacia St, Alamo, TX 78516

Four unit building • Essential appliances • 0.24 acre lot

ABOUT THIS HOME
Homes for sale under $500k in Alamo, TX
This exceptional property presents an attractive investment opportunity, characterized by robust rental income potential. Constructed in 2025, the four-unit building features two bedrooms and two bathrooms in each unit. Each apartment is equipped with essential appliances, including a stove/range with a smooth top, refrigerator, washer, dryer, and microwave oven. Strategically located near shopping centers, dining options, and educational institutions, these pet-friendly apartments cater to a diverse range of lifestyles. The property offers the added benefit of eight covered parking spaces.

$495,000

— beds— baths3,746 sq ft

412 E Acacia St, Alamo, TX 78516

Four unit building • Essential appliances • 0.24 acre lot

ABOUT THIS HOME
Homes for sale under $500k in Alamo, TX
Frontage land available for sale, approx 14,850 sf. Main house has 2 bedrooms, 1 bath. Attached apartment has 1 bedroom and 1 bath.

$495,000

2 beds1 bath1,990 sq ft

824 E Frontage Rd, Alamo, TX 78516

0.34 acre lot • Garage • Built 1974

ABOUT THIS HOME
Homes for sale under $500k in Alamo, TX
Incredible investment opportunity in Alamo, TX! This brand new incomplete construction fourplex is perfectly located just minutes from the expressway, offering convenience, modern design, and strong rental potential. The building features a total of four units: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units — all thoughtfully designed for comfortable living. Each unit offers a bright open-concept layout with modern finishes, including granite countertops, custom cabinetry, stainless steel appliances, and wood-look tile flooring throughout. Decorative tray ceilings, stylish lighting, and spacious floor plans create a high-end living experience. Don’t miss thi

$490,000

— beds— baths3,988 sq ft

1234 Valle Vista St, Alamo, TX 78589

Custom cabinetry • Modern finishes • Granite countertops

ABOUT THIS HOME
Homes for sale under $500k in Alamo, TX
Incredible investment opportunity in Alamo, TX! This brand new incomplete construction 4-Plex is perfectly located just minutes from the expressway, offering convenience, modern design, and strong rental potential. The building features a total of four units: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units — all thoughtfully designed for comfortable living. Each unit offers a bright open-concept layout with modern finishes, including granite countertops, custom cabinetry, stainless steel appliances, and wood-look tile flooring throughout. Decorative tray ceilings, stylish lighting, and spacious floor plans create a high-end living experience. Don’t miss this

$490,000

— beds— baths3,988 sq ft

1230 Valle Vista St, Alamo, TX 78589

Custom cabinetry • Modern finishes • Granite countertops

Property at 425 E Acacia St, Alamo, TX 78516

$475,000

— beds— baths4,128 sq ft

425 E Acacia St, Alamo, TX 78516

Property at 916 13th St, Alamo, TX 78589

$475,000

— beds— baths3,789 sq ft

916 13th St, Alamo, TX 78589

Property at 432 Acacia St, Alamo, TX 78516

$475,000

— beds— baths3,828 sq ft

432 Acacia St, Alamo, TX 78516

Property at 435 Medina Ln, Alamo, TX 78516

$475,000

— beds— baths4,052 sq ft

435 Medina Ln, Alamo, TX 78516

Property at 428 Frio Ln, Alamo, TX 78516

$475,000

— beds— baths4,052 sq ft

428 Frio Ln, Alamo, TX 78516

Property at 448 Medina Ln, Alamo, TX 78516

$475,000

— beds— baths4,000 sq ft

448 Medina Ln, Alamo, TX 78516

Property at 848 Deluxe St, Alamo, TX 78589

$475,000

— beds— baths3,746 sq ft

848 Deluxe St, Alamo, TX 78589

Property at 431 Frio Ln, Alamo, TX 78516

$475,000

— beds— baths4,052 sq ft

431 Frio Ln, Alamo, TX 78516

Property at 427 Frio Ln, Alamo, TX 78516

$475,000

— beds— baths4,052 sq ft

427 Frio Ln, Alamo, TX 78516

Property at 517 Hunter Dr, Alamo, TX 78516, 4 beds, 3 baths

$465,000

4 beds3 baths3,020 sq ft

517 Hunter Dr, Alamo, TX 78516

Property at 603 S Alamo Rd, Alamo, TX 78516, 4 beds, 3 baths

$425,000

4 beds3 baths2,744 sq ft

603 S Alamo Rd, Alamo, TX 78516

Property at 509 E Earling Rd, Alamo, TX 78516, 4 beds, 3 baths

$420,000

4 beds3 baths3,375 sq ft

509 E Earling Rd, Alamo, TX 78516

Property at 715 Pauli Ave, Alamo, TX 78516, 5 beds, 3.5 baths

$420,000

5 beds3.5 baths3,147 sq ft

715 Pauli Ave, Alamo, TX 78516

Property at 843 Brady Ave, Alamo, TX 78516, 3 beds, 2.5 baths

$400,000

3 beds2.5 baths2,418 sq ft

843 Brady Ave, Alamo, TX 78516

Property at 1306 W State Highway 495 Hwy W, Alamo, TX 78516, 3 beds, 1.5 baths

$395,000

3 beds1.5 baths1,749 sq ft

1306 W State Highway 495 Hwy W, Alamo, TX 78516

Property at 1431 Vida Grande St, Alamo, TX 78516, 3 beds, 3 baths

$395,000

3 beds3 baths3,047 sq ft

1431 Vida Grande St, Alamo, TX 78516

Property at 508 N Cesar Chavez Rd, Alamo, TX 78516, 3 beds, 1 bath

$375,000

3 beds1 bath1,392 sq ft

508 N Cesar Chavez Rd, Alamo, TX 78516

Property at 1236 N Alamo Rd, Alamo, TX 78516, 3 beds, 2 baths

$350,000

3 beds2 baths1,368 sq ft

1236 N Alamo Rd, Alamo, TX 78516

Property at 534 Hunter Dr, Alamo, TX 78516, 4 beds, 3 baths

$341,000

4 beds3 baths2,001 sq ft

534 Hunter Dr, Alamo, TX 78516

Property at 1027 Broken Arrow Dr, Alamo, TX 78516, 3 beds, 2 baths

$340,000

3 beds2 baths1,812 sq ft

1027 Broken Arrow Dr, Alamo, TX 78516

Property at 419 Country Club Dr, Alamo, TX 78516, 3 beds, 3 baths

$335,000

3 beds3 baths2,115 sq ft

419 Country Club Dr, Alamo, TX 78516

Property at 826 Sabrina Dr, Alamo, TX 78516, 3 beds, 2 baths

$329,999

3 beds2 baths2,200 sq ft

826 Sabrina Dr, Alamo, TX 78516

Property at 908 Bella Ave, Alamo, TX 78516, 3 beds, 2.5 baths

$322,000

3 beds2.5 baths1,863 sq ft

908 Bella Ave, Alamo, TX 78516

Property at 721 Saint Vincent Dr, Alamo, TX 78516, 3 beds, 2 baths

$298,000

3 beds2 baths1,867 sq ft

721 Saint Vincent Dr, Alamo, TX 78516

Property at 721 St Vincent Dr #12, Alamo, TX 78516, 3 beds, 2 baths

$298,000

3 beds2 baths1,867 sq ft

721 St Vincent Dr #12, Alamo, TX 78516

Property at 520 Country Club Dr, Alamo, TX 78516, 4 beds, 2 baths

$280,000

4 beds2 baths1,618 sq ft

520 Country Club Dr, Alamo, TX 78516

Property at 1500 N Alamo Rd, Alamo, TX 78516, 2 beds, 2 baths

$280,000

2 beds2 baths1,787 sq ft

1500 N Alamo Rd, Alamo, TX 78516

Property at 818 Nada Dr, Alamo, TX 78516, 3 beds, 2 baths

$275,000

3 beds2 baths2,131 sq ft

818 Nada Dr, Alamo, TX 78516

Property at 806 Sabrina St, Alamo, TX 78516, 3 beds, 2 baths

$275,000

3 beds2 baths1,627 sq ft

806 Sabrina St, Alamo, TX 78516

Property at 1345 N Tower Rd, Alamo, TX 78516, 4 beds, 3 baths

$275,000

4 beds3 baths1,453 sq ft

1345 N Tower Rd, Alamo, TX 78516

Property at 1044 Nina Ave, Alamo, TX 78516, 3 beds, 2 baths

$275,000

3 beds2 baths1,568 sq ft

1044 Nina Ave, Alamo, TX 78516

Property at 709 Carey Ln, Alamo, TX 78516, 3 beds, 2 baths

$270,000

3 beds2 baths1,523 sq ft

709 Carey Ln, Alamo, TX 78516

Property at 1326 Deluxe St, Alamo, TX 78577, 3 beds, 2 baths

$270,000

3 beds2 baths1,456 sq ft

1326 Deluxe St, Alamo, TX 78577

Property at 517 Tower Oak Dr, Alamo, TX 78516, 3 beds, 2 baths

$269,900

3 beds2 baths1,520 sq ft

517 Tower Oak Dr, Alamo, TX 78516

Property at 332 Alazan Ln, Alamo, TX 78516, 3 beds, 2.5 baths

$269,000

3 beds2.5 baths1,710 sq ft

332 Alazan Ln, Alamo, TX 78516

Property at 913 W Hackberry Ave, Alamo, TX 78516

$267,500

— beds— baths1,670 sq ft

913 W Hackberry Ave, Alamo, TX 78516

Viewing page 1 of 4

Homes for sale under $500k in Alamo

There are currently 132 homes for sale under $500k in Alamo. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Alamo stay on the market for 67 days. This map is refreshed with the newest listings in Alamo every 15 minutes.

In the past month, 11 homes have been sold in Alamo. Alamo is a minimally walkable city in Hidalgo County with a Walk Score of 32. Alamo is home to approximately 18,162 people and 3,373 jobs. Find your dream home in Alamo using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Alamo are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Alamo. Our Alamo real estate stats and trends will give you more information about home buying and selling trends in Alamo. If you're looking to sell your home in the Alamo area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Alamo with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Alamo, TX

Zip Codes

Nearby Cities

More to explore in Alamo, TX

Featured
Price

How to buy a house in Alamo, TX

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Texas

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.