What does $700,000 buy in new construction near Austin?

Around 2,900 square feet with four or more bedrooms, better structural options, and a better lot within the community, though still typically under a fifth of an acre. Most of it sits in Liberty Hill, Georgetown, and Leander to the north, or as infill inside Austin proper. The live count at the top of this page is the current inventory.

Is there new construction in the Austin Hill Country under $700,000?

Less than people expect. Westlake, Lakeway, and Bee Cave are largely built out and sit over the Edwards Aquifer recharge zone, where impervious-cover limits cap density, so new construction there is scarce at any price. Dripping Springs to the southwest is the most realistic Hill Country option with genuine new-home supply. On the west side proper, a $700,000 budget is generally a resale budget.

Should I buy new construction or resale at $700,000 in Austin?

This is the band where the question gets genuinely close. New buys you a warranty, current code, and the ability to specify the plan, but on a small lot in a newer community that is usually a drive from the core. The same money in an established neighborhood often buys a larger lot, mature trees, and a shorter commute, at the cost of an older roof, older systems, and renovation work. Run both side by side rather than assuming new is better.

Where are the largest new homes under $700,000 near Austin?

Liberty Hill and the western edge of Georgetown, where land is cheaper and builders can put more house on a lot. The trade is distance: both sit roughly 35 to 50 minutes from central Austin depending on the route and the hour. Closer in, the same budget buys less square footage, and inside Austin it often buys infill on a small lot.

The rolling wooded Hill Country landscape west of Austin where new communities are expanding

New Homes by Budget

New Construction Homes Under $700,000 in Austin

Where to actually find new construction under $700,000 across the Austin metro, with live listings, the suburbs that fit this budget, and the honest tradeoffs. Builder-paid buyer representation, since the builder covers the fee in most cases.

Prefer to talk now? Call or text 254-718-2567

Get an agent on your side of the table

The builder's agent works for the builder. I work for you, and the builder pays my fee in most cases, disclosed in writing before we tour. Ask me anything; I reply personally, usually the same day.

The short answer

This is the top band on the site, and the most common expectation about it is wrong. Buyers at $700,000 usually picture the Hill Country and the west side: Westlake, Lakeway, Bee Cave. Almost none of the new construction is there, because those areas are built out and aquifer rules cap density. The new homes at this level are concentrated in Liberty Hill, Georgetown, and Leander to the north, plus infill inside Austin proper. Expect roughly 2,900 square feet and four bedrooms, on a lot that is still under a fifth of an acre.

In the $600,000 to $700,000 slice, Austin proper and Liberty Hill lead, followed closely by Georgetown, then Pflugerville and Leander. Austin's share of the inventory rises as the price goes up, because this is the level at which close-in infill becomes available. What stays scarce throughout is the west side: Westlake, Lakeway, and Bee Cave produce very little new construction at any price, so a west-side purchase at this budget is almost always a resale.

Live from the MLS

3,467 new homes under $700,000

Search all under $700,000on the map →

New Construction

$700,000

826 Morrow St #3, Austin 78757

3 bd · 3 ba · 1,546 sf

New Construction

$649,990

224 Pacific Grove Cir, Liberty Hill 78642

4 bd · 3 ba · 2,874 sf

Built 2026

$599,900

1105 Glen Heather Dr, Georgetown 78633

4 bd · 4 ba · 3,018 sf

New Construction

$563,200

204 Amista Dr, Liberty Hill 78642

4 bd · 4 ba · 2,900 sf

New Construction

$525,000

2209 Woodland Ave #203, Austin 78741

3 bd · 4 ba · 1,797 sf

New Construction

$499,000

4 Senisa St, Wimberley 78676

3 bd · 2 ba · 2,135 sf

New Construction

$472,900

144 William Hersee Dr, Bastrop 78602

3 bd · 2 ba · 1,742 sf

Built 2026

$445,990

228 Sue Peaks Loop, Dripping Springs 78620

4 bd · 3 ba · 2,045 sf

New Construction

$427,990

8824 Breeze Hill Dr, Austin 78744

3 bd · 3 ba · 1,892 sf

Search homes under $700,000

Based on information from Unlock MLS (the Austin Board of REALTORS, ACTRIS) for the period through the most recent sync. Listing data is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. All information is deemed reliable but is not guaranteed and should be independently verified. Properties may be listed by brokerage firms other than Austin Marketing + Development Group; the listing broker is shown with each home where the MLS provides it.

Where to look

Austin suburbs with new homes under $700,000

Start with these suburb guides. Each pulls its own live inventory and lays out schools, taxes, commute, and the honest tradeoffs.

Liberty Hill

Williamson Co.

Northwest of Austin

Liberty Hill new homes

Georgetown

Williamson Co.

North of Austin along I-35

Georgetown new homes

Leander

Williamson Co.

Northwest of Austin

Leander new homes

Pflugerville

Travis Co.

Northeast of Austin

Pflugerville new homes

Dripping Springs

Hays Co.

West of Austin

Dripping Springs new homes

Round Rock

Williamson Co.

North of Austin along I-35

Round Rock new homes

Cedar Park

Williamson Co.

Northwest of Austin

Cedar Park new homes

Lakeway

Travis Co.

West of Austin on Lake Travis

Lakeway new homes

What this budget buys

A new home under $700,000, honestly

Around 2,900 square feet, four or more bedrooms, better structural options, and a better lot within the community, though not a meaningfully bigger one. Inside Austin you are more likely looking at infill: a modern build on a small lot close to the core, trading yard for location. In Liberty Hill and the western edge of Georgetown the same money buys the largest homes in this band, at the longest commute.

The tradeoffs

What to weigh

The Hill Country and west-side expectation does not match the inventory; new construction at this price is mostly north and in Austin infill
Lot sizes barely improve over the $600,000 band, so the premium goes into the structure rather than the land
Resale becomes a serious competitor here, often buying an established neighborhood, mature trees, and a larger lot for the same money
The strongest-reputation districts on the west side are mostly reachable only through resale at this budget
Carrying costs scale: a MUD rate on a $700,000 home is a large annual number, and insurance rises with replacement cost

On your side of the table

How to get the most home under $700,000

+Run new construction and resale side by side at this price, because the honest answer is genuinely not always new
+If a specific school district is the goal, confirm whether it has any new construction at all before you build a search around it
+Spend on the lot premium rather than the finish package; greenbelt or pond backing is the part you cannot change later
+Specify structural options during the plan phase, not at the design centre, since that is when ceilings, doors, and layout changes are still possible
+Register your buyer representation before you tour. The builder pays the fee in most cases, disclosed in writing, and at this price the contract and inspection work matters more, not less

On new construction the builder pays my fee in most cases, disclosed in writing before you tour, so all of this is on your side. Updated October 1, 2026.

Change the budget

What a different budget buys

The same metro, the same live MLS data, at the next budget up or down. Worth comparing before you settle on a number.

New homes under $600,000

Fewer options and further out, but a materially lower payment.

Good to know

New homes under $700,000, answered

What does $700,000 buy in new construction near Austin?: Around 2,900 square feet with four or more bedrooms, better structural options, and a better lot within the community, though still typically under a fifth of an acre. Most of it sits in Liberty Hill, Georgetown, and Leander to the north, or as infill inside Austin proper. The live count at the top of this page is the current inventory.
Is there new construction in the Austin Hill Country under $700,000?: Less than people expect. Westlake, Lakeway, and Bee Cave are largely built out and sit over the Edwards Aquifer recharge zone, where impervious-cover limits cap density, so new construction there is scarce at any price. Dripping Springs to the southwest is the most realistic Hill Country option with genuine new-home supply. On the west side proper, a $700,000 budget is generally a resale budget.
Should I buy new construction or resale at $700,000 in Austin?: This is the band where the question gets genuinely close. New buys you a warranty, current code, and the ability to specify the plan, but on a small lot in a newer community that is usually a drive from the core. The same money in an established neighborhood often buys a larger lot, mature trees, and a shorter commute, at the cost of an older roof, older systems, and renovation work. Run both side by side rather than assuming new is better.
Where are the largest new homes under $700,000 near Austin?: Liberty Hill and the western edge of Georgetown, where land is cheaper and builders can put more house on a lot. The trade is distance: both sit roughly 35 to 50 minutes from central Austin depending on the route and the hour. Closer in, the same budget buys less square footage, and inside Austin it often buys infill on a small lot.

Keep exploring

Builder-paid representation

Looking for a new home under $700,000?

Tell Luke your budget and must-haves and he will send the best new-construction matches under $700,000, register your builder-paid representation, and flag the real all-in cost including taxes before you tour.

Luke Allen

Licensed Texas REALTOR, TREC #788149

Austin Marketing + Development Group

Call 254-718-2567 Text Luke