Austin Homes under $400,000

Austin Homes under $400,000

Welcome to Austin, Minnesota—a vibrant city that beautifully blends small-town charm with big-city amenities. Nestled in Mower County, Austin is known for its rich history, friendly community, and a variety of recreational activities that cater to residents of all ages. With a population of just over 24,000, Austin offers a warm and welcoming atmosphere where neighbors become friends.

One of the most appealing aspects of living in Austin is the affordability of housing. For those seeking a home under $400,000, you’ll find an array of options that suit diverse lifestyles and preferences. From cozy single-family homes with lush gardens to modern townhouses with contemporary finishes, Austin’s real estate market is designed to accommodate families, young professionals, and retirees alike.

Austin is also home to several parks, scenic trails, and outdoor spaces, perfect for enjoying Minnesota's beautiful seasons. The city boasts a strong sense of community, with events such as the annual Austin ArtWorks Festival and the famous Spam Museum, celebrating the city’s unique heritage. Plus, residents enjoy easy access to quality education, healthcare facilities, and a thriving local economy.

Whether you’re looking to raise a family, start a new chapter, or simply enjoy the tranquility of a close-knit community, Austin, MN, has something for everyone. Explore the homes available under $400,000 and discover the charm and opportunity that await you in this delightful city. Your dream home in Austin is just a visit away!

Newest Austin Homes under $400,000

609 1st Avenue SW, Austin
$95,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7161085 MLS ⋅ 1,490 SqFt.
Spacious, affordable 3BR 2-bath 2-Story in SW with dining room, main floor laundry and front porch. It deserves a handyman to give it the TLC it needs.

609 1st Avenue SW, Austin

Listing courtesy of Fawver Agency.

1410 3rd Avenue SW, Austin
$244,900
COMING SOON Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7156714 MLS ⋅ 2,399 SqFt.
This brick beauty has so much to offer, both inside and out! Situated on a huge lot, the property features a two-stall garage and a large shed, providing plenty of room for outdoor activities, hobbies, and storage. Inside, you’ll find a spacious living room with a beautiful gas-burning fireplace, a dedicated dining room, and a sunroom that makes the perfect cozy nook to relax and unwind. The main floor also offers two bedrooms and a full bathroom, while the kitchen features new appliances. Downstairs, the basement adds even more living space with a third bedroom and a family room complete with a built-in bar, making it a great spot for entertaining. With its classic brick exterior, generous yard, and versatile living spaces, this home is full of potential!

1410 3rd Avenue SW, Austin

Listing courtesy of Real Broker, LLC..

807 7th Avenue SE, Austin
$154,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7161648 MLS ⋅ 1,398 SqFt.
This home is full of character and value, featuring an updated interior, classic woodwork, beautiful hardwood floors, and a spacious layout. Thoughtfully updated to preserve its timeless charm while offering a fresh, modern feel, this home blends the best of both worlds. The main floor features a generous living room, dining room, kitchen, full bathroom, and an enclosed three-season porch. Upstairs, you’ll find all three bedrooms and a spacious full bathroom. Additional updates include a newer A/C unit, water heater, and fixtures. With its inviting charm, modern updates, and move-in-ready appeal, this home is ready for its next owners to make it their own!

807 7th Avenue SE, Austin

Listing courtesy of Real Broker, LLC..

2904 11th Street NE, Austin
$210,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7160205 MLS ⋅ 1,736 SqFt.
Enjoy the best of both worlds with this spacious 4-bedroom, 2-bath home situated on a generous half-acre at the edge of Austin. With plenty of room to spread out, outdoor storage, and an oversized driveway, this property offers space, flexibility, and convenience. The main floor features a laundry room, comfortable living area, kitchen, and primary bedroom with an attached full bath. Upstairs, you’ll find three additional bedrooms and a bonus loft space with endless possibilities for a home office, playroom, hobby area, or extra living space. There’s also potential to add a third half bath on the main for even more functionality. Car enthusiasts, hobbyists, and anyone needing extra space will appreciate the attached, heated three-car garage. Outside, the half-acre lot provides room to enjoy the outdoors, entertain, garden, or simply spread out and relax. If you’re looking for a home with generous living space, a versatile layout, and room to grow—all with the convenience of being just on the edge of town—this property is full of possibilities!

2904 11th Street NE, Austin

Listing courtesy of Dwell Realty Group LLC.

1109 6th Avenue NW, Austin
$189,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7161004 MLS ⋅ 1,499 SqFt.
Welcome to this move-in-ready 3-bedroom home in a charming NW neighborhood, combining classic character with extensive high-value updates. The main level showcases beautiful original hardwood floors and a fully renovated kitchen and bath which included new electrical wiring and insulation. Upfront mechanical reliability and recent updates include a newer furnace, central A/C, hot water heater, exterior doors, and replacement windows in the basement, bath, and upstairs. The expansive upper level offers a versatile open bedroom layout complete with a generous walk-in closet. Outside, enjoy a new driveway, sidewalk, and back patio, all enclosed within a fully fenced yard. Low-maintenance steel siding frames the exterior, while garden enthusiasts will love the established edible perennial landscape complete with cherry, apple, and maple trees, berry bushes, grapevines, and herbs.

1109 6th Avenue NW, Austin

Listing courtesy of Real Broker, LLC..

1705 Carriage Homes Drive SW Unit D, Austin
$236,500
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7160947 MLS ⋅ 1,258 SqFt.
Enjoy comfortable, easy living in this inviting two-bedroom, two-bathroom townhome located in Southwinds Association in Austin! The spacious living room features a beautiful vaulted ceiling that creates an open, airy atmosphere and adds a wonderful sense of space. With two bedrooms and two bathrooms, this home offers a practical layout suited to a variety of lifestyles, whether you're looking to simplify homeownership, downsize, or find a comfortable place to call home. One of the biggest advantages of Southwinds is the opportunity to enjoy a more carefree lifestyle, with association services that have included lawn care, snow removal, grounds maintenance, and building hazard insurance. Spend less time worrying about exterior upkeep and more time enjoying your home and the surrounding community. Conveniently located in Austin, you'll have access to local parks, walking opportunities, shopping, dining, and entertainment. Enjoy outdoor recreation at Bandshell Community Park, known for its community events and outdoor concerts, or explore the trails and natural beauty of the Jay C. Hormel Nature Center. Downtown Austin also offers unique attractions, including the SPAM Museum and the historic Paramount Theatre. This is a wonderful opportunity to enjoy comfortable townhome living with everyday conveniences close at hand!

1705 Carriage Homes Drive SW Unit D, Austin

Listing courtesy of Dwell Realty Group LLC.

1920 4th Avenue NW, Austin
$189,900
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7160532 MLS ⋅ 1,700 SqFt.
NORTHWEST RAMBLER...Nice 3 bedroom home with a large, welcoming eat- in kitchen appliances included. Updated mechanical including a Generac home standby generator system. There is a nice 3 dog kennel and a fenced in back yard. Enjoy the large back yard from the 10 x 20 concrete patio. Call to see this nice property today!

1920 4th Avenue NW, Austin

Listing courtesy of Steichen Real Estate.

53499 255th Street, Austin
$289,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7150265 MLS ⋅ 1,424 SqFt.
Discover the perfect blend of freedom, functionality, and peaceful living at this affordable acreage. Nestled against a scenic backdrop of mature woods, open grassy lawn, and a tranquil creek running right through the property, this home offers a private retreat where you can stretch out, unwind, and truly enjoy the outdoors. Whether you’re a hobbyist, contractor, or outdoor enthusiast, the 50x24 steel building provides exceptional space for a workshop, heavy equipment or recreational storage. Additionally, the oversized 32x24 3-stall garage offers generous room for large vehicles, extra storage, and/or a dedicated workbench setup. Inside, the home features a welcoming, open-concept kitchen and dining area designed for easy everyday living and entertaining. Modern vinyl windows keep the home bright and energy-efficient throughout the seasons. The highlight of the floor plan is the spacious main-floor primary suite addition—a private retreat featuring dual closets for ample storage. Step through the sliding patio doors directly onto a newer composite deck to enjoy peaceful morning coffees overlooking your tranquil surroundings. Looking to add instant value or customized living space? The unfinished lower level offers a clean slate with plenty of room to build out additional bedrooms, a family room, or a home gym tailored to your exact needs. Acreage properties with running water and timber, at an affordable price point are exceptionally hard to find. This property is ready for your vision.

53499 255th Street, Austin

Listing courtesy of Real Broker, LLC..

309 3rd Avenue SW, Austin
$179,000
ACTIVE Status ⋅ 5 Beds ⋅ 2 Baths ⋅ 7160384 MLS ⋅ 1,944 SqFt.
An opportunity to invest, renovate, and build value in Austin. Located at 309 3rd Ave SW, this up-and-down duplex offers two separate living units, each with its own private entrance, creating flexibility for rental income, owner-occupied living, or a long-term investment strategy. Recently painted wood siding adds fresh curb appeal, while the property's traditional duplex configuration provides a versatile starting point for improvements tailored to your vision. Its convenient location near downtown Austin places local businesses, parks, schools, and everyday amenities within easy reach. Whether you're expanding your investment portfolio or searching for a property with the potential to reward thoughtful improvements, this duplex offers multiple paths to ownership and value creation in an established community.

309 3rd Avenue SW, Austin

Listing courtesy of Coldwell Banker Realty - Lakes.

403 2nd Street NW, Austin
$310,000
ACTIVE Status ⋅ 1 Beds ⋅ 4 Baths ⋅ 7160383 MLS ⋅ 3,833 SqFt.
A compelling investment opportunity in the heart of Austin, this multifamily property offers four conforming units, one nonconforming unit, and additional upside for an investor with a vision. The property features four one-bedroom units, each with a bonus room, along with a fifth unit offering two bedrooms and a bonus room. Four units are currently rented at $650 per month, while the fifth unit is vacant, presenting an opportunity to secure a new tenant or explore alternative uses. The unfinished third level offers further potential for expansion, subject to applicable approvals, with possibilities for additional living space or future rental units. Rich in character and offering a flexible layout, the property presents an opportunity to reposition an established income-producing asset, evaluate rental rates, and pursue improvements over time. Centrally located in Austin, with convenient access to local businesses, services, and community amenities, this multifamily property offers investors an opportunity to build on existing income while exploring its longer-term potential.

403 2nd Street NW, Austin

Listing courtesy of Coldwell Banker Realty - Lakes.

404 S Main Street, Austin
$118,000
ACTIVE Status ⋅ 6 Beds ⋅ 2 Baths ⋅ 7160381 MLS ⋅ 1,632 SqFt.
A rare opportunity to own a multi-unit property just blocks from the heart of Downtown Austin. With the city’s restaurants, entertainment, local businesses, and cultural attractions all within close reach, this up/down duplex offers an appealing connection to the energy and convenience of downtown living. Both units feature spacious kitchens and comfortable living areas, providing inviting foundations for tenants seeking a central place to call home. For the discerning investor, the two-unit configuration presents the opportunity to generate rental income while establishing a foothold in an established Austin neighborhood. Whether adding to an existing portfolio or exploring the possibilities of income-producing real estate, this property brings together location, flexibility, and the potential to create lasting value.

404 S Main Street, Austin

Listing courtesy of Coldwell Banker Realty - Lakes.

1905 Burr Oak Drive Unit A, Austin
$259,500
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7159934 MLS ⋅ 1,500 SqFt.
Beautiful one-owner condo in Oak Park Village. This is the two bedroom, two bath, very popular Edinborough model. Updates include HVAC, windows throughout, tile flooring and countertops in kitchen. The gas fireplace is two-sided and gives a comfy feel in both the living room and the vaulted den areas. The fireplace surround has also been updated and includes a thermostatic control. A number of custom built-ins and upgrades are included throughout the property. The nice working kitchen with an eat-in area plus a more formal dining room allows you many entertaining options. The primary suite has a double sink plus a separate shower and soaking tub. This 55-plus community takes care of the exterior lawn/snow care plus other features and includes a clubhouse for larger social events. Start living the good life!

1905 Burr Oak Drive Unit A, Austin

Listing courtesy of Fawver Agency.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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