Wichita Falls Homes under $500,000

Welcome to Wichita Falls, Texas – a hidden gem in the heart of the Lone Star State! Nestled in Wichita County, this vibrant city boasts a rich tapestry of history, culture, and community spirit. Known for its friendly atmosphere and a strong sense of belonging, Wichita Falls is the perfect place to call home.

One of the standout features of this charming city is its affordability. For those seeking a new residence without breaking the bank, Wichita Falls offers a diverse selection of homes under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you'll find an array of options that cater to various tastes and needs. From cozy single-family homes to modern townhouses, the real estate market here is both inviting and accessible.

Beyond the homes, Wichita Falls is renowned for its beautiful parks, including the picturesque Lucy Park, which features stunning waterfalls and walking trails. The city also offers a thriving arts scene, with galleries, theaters, and cultural events that keep the community engaged and entertained. With a low cost of living, excellent schools, and a strong job market, it’s no wonder that many are choosing to make Wichita Falls their home.

Explore the charm and affordability of Wichita Falls today, and discover why this welcoming city is the perfect place to plant your roots. Your dream home awaits in this delightful Texas community!

Newest Wichita Falls Homes under $500,000

$249,900

3 Beds ⋅ 2 Baths ⋅ 21401109 MLS

Beautifully maintained home in Edgecliff Estates with lots of EXTRAS! This home features an open floor plan with a bonus office-sunroom, workshop, storm cellar, oversized garage with work desk and oversized covered patio with tv wiring and fans. The workshop has electricity, built in work tables, shelfs, cabinets and a built in BBQ SMOKER that will be conveyed with the property. The entry way with closet leads you into the vaulted ceiling living room with beams and wood burning fireplace. The kitchen is open to the dining room with windows for extra light. The laundry room has a pantry and freezer or fridge space for added convenience. The primary bedroom is secluded with a walk in closet and ensuite. The backyard is an oasis with an oversized patio, which gets lots of hummingbirds in the spring. This home is perfect for entertaining! New engineered wood floors and new paint in all bedrooms and hallway. TEXT AGENT CELL FOR SHOWING INSTRUCTIONS>

1725 Meadowcliff Dr, Wichita Falls

Listing courtesy of Jaime Rabroker from StarCrest Realty. Contact: 972-353-5700

$130,000

3 Beds ⋅ 1 Baths ⋅ 21363008 MLS

Currently under construction and being completely remodeled, this corner-lot home at 1300 N 9th St offers an excellent Wichita Falls location with convenient access to downtown, major roadways, shopping, dining, schools, and everyday amenities. The renovation is bringing modern finishes and an updated, move-in-ready feel throughout the home. The corner-lot setting adds curb appeal and flexibility, while the convenient location puts you close to the best of Wichita Falls. A great opportunity for buyers looking for a newly renovated home in an established neighborhood with easy access to city amenities. details and professional photos coming soon as construction progresses!

1300 N 9th St, Wichita Falls

Listing courtesy of Cecilia Baca-Pena from CENTURY 21 Judge Fite Co.. Contact: 972-460-5200

$250,000

3 Beds ⋅ 2 Baths ⋅ 21394599 MLS

Brand new constitution home in Wichita Falls, where modern style meets everyday comfort. Move in ready, it offers 3 bedroom, 2 bathrooms, and 1,594 sq feet of through fully designed living space ideal for relaxing, entertaining, and making it your own. This home is ready for its very first owners.

1105 Monroe St, Wichita Falls

Listing courtesy of Amanda Pacheco from Su Kaza Realty, LLC. Contact: 817-889-3522

$250,000

3 Beds ⋅ 2 Baths ⋅ 21394587 MLS

Discover this brand new conduction home in Wichita Falls offering modern style, everyday comfort, move in ready. With 3 bedroom, 2 bathrooms, and 1,594 square feet, this thoughtfully de4signed home provides a functional layout relaxing, entertaining, and make it your own. Enjoy the convince not a 2 car garage, new finishes. This home I ready for its first owner schedule your showing today!

1103 Monroe St, Wichita Falls

Listing courtesy of Amanda Pacheco from Su Kaza Realty, LLC. Contact: 817-889-3522

$249,000

3 Beds ⋅ 2 Baths ⋅ 21391339 MLS

New flooring throughout gives this 3-bedroom, 2-bath home in Summerfield a fresh start, while the layout delivers the space buyers actually use. The living room is open and spacious with a wood-burning fireplace, vaulted ceiling and easy flow into the eat-in kitchen and breakfast area. The split-bedroom floor plan gives the primary suite its own side of the home, complete with a tray ceiling, two walk-in closets, dual sinks, garden tub and separate shower. Two additional bedrooms and a second full bath are located across the home. Outside, enjoy a covered patio, privacy-fenced backyard, mature shade trees and storage building. Additional features include a separate utility area, attached 2-car garage, sprinkler system and double-pane windows. Located in southwest Wichita Falls near Barnett Road, Circle Trail and Memorial Stadium. A new roof will be installed prior to closing

5502 Long Leaf Dr, Wichita Falls

Listing courtesy of Sarah Lareau from NextHome Verity. Contact:

$132,995

3 Beds ⋅ 1 Baths ⋅ 21390294 MLS

Welcome to 1948 Hines Blvd in Wichita Falls, a spacious 3-bedroom, 1-bath home offering approximately 1,960 square feet of living space. It offers a generous layout with plenty of room for comfortable living and future possibilities. This property features a large, attached garage with a workshop, providing excellent space for parking, hobbies, or projects and sits on an approximately 8,119 square foot lot which backs up to the school property. This means a peaceful setting with no immediate rear neighbors. Recent improvements have included Pella windows and new tile in the kitchen. With its spacious floor plan, oversized garage, flexible bonus space, and a peaceful location, 1948 Hines Blvd offers plenty of potential for a homeowner looking for space and opportunity. All information is deemed reliable, agents must do their due diligence.

1948 Hines Blvd, Wichita Falls

Listing courtesy of Jeb Bryant from The Real Estate Power Houses. Contact: 8172965886,8172965886

$270,000

3 Beds ⋅ 2 Baths ⋅ 21386527 MLS

Built in 2023, this beautifully finished 3 bedroom 2 bathroom home offers a modern living space plus an adjacent vacant lot included with the sale! Step inside to an inviting open-concept layout featuring dark flooring, crown molding, recessed lighting, in-ceiling speakers, abundant natural light, and a statement fireplace in the living area. The kitchen stands out with white cabinetry, black countertops, a large island with seating, gas cooktop, built-in oven, decorative hexagon tile backsplash, statement lighting, and walk-in pantry. The open dining and living areas provide an easy flow for everyday living and entertaining, while both bathrooms feature contemporary finishes.The partially converted attached garage provides additional climate-controlled flex space, while the remaining portion offers garage and storage space. What truly sets this property apart is the adjacent vacant lot at 1315 34th Street, included with the sale, providing approximately 6,251 square feet of land. The additional lot currently features a garden and chicken coop while still offering plenty of open space for future possibilities, outdoor entertaining, recreation, additional gardening, or simply room to spread out. With modern construction, stylish finishes, climate-controlled flex space, an additional lot, garden, chicken coop, and plenty of outdoor space, this is a unique opportunity in Wichita Falls!

1317 34th St, Wichita Falls

Listing courtesy of Rodrigo Mireles from eXp Realty LLC. Contact: 832-290-0472

$119,995

2 Beds ⋅ 2 Baths ⋅ 21386739 MLS

NO HOA! WORKSHOP! Welcome to 4101 Palomino St in Wichita Falls! Situated on an approximately 0.28-acre lot, this property offers extra outdoor space along with a bonus workshop ideal for projects, hobbies, equipment or additional storage. The home provides approximately 1,291 sq. ft. of living space, while the generous lot allows room for entertaining, gardening, pets and additional parking. Conveniently located with access to US-287 and I-44, shopping, dining, employment centers and Sheppard Air Force Base. A great opportunity for buyers looking for additional land, versatile workspace and a convenient Wichita Falls location. Buyer and buyer's agent to independently verify acreage, square footage, property boundaries, utilities, restrictions, zoning, permitted uses, condition, and all information deemed important.

4101 Palomino St, Wichita Falls

Listing courtesy of Jeb Bryant from The Real Estate Power Houses. Contact: 817-296-1798

$175,000

3 Beds ⋅ 2 Baths ⋅ 21385912 MLS

Tucked into an established Wichita Falls neighborhood, this 1956 mid-century gabled one-story home offers the kind of manageable, well laid out space that makes stepping into homeownership feel simple rather than overwhelming. Three bedrooms are arranged with a smart flow, including an updated full bath and a half bath tucked into the primary bedroom, plus two separate living areas, a front living room and a spacious den, giving you room to spread out without adding square footage you do not need. The kitchen sits at the center of the home with a gas cooktop and oven, a dishwasher, and generous counter space, easy to work in and easy to gather around. Beyond the kitchen, the fenced backyard and covered porch offer a private spot to unwind, while double pane windows and gutters help keep the home comfortable and low maintenance year round. What sets this property apart at this price point is what has already been taken care of. The roof was replaced in 2023, and the water heater and sewer line were both replaced in 2024, the kind of updates that give a first time buyer real confidence rather than a list of worries.

4655 University Ave, Wichita Falls

Listing courtesy of RENEE ADKINS from Hirschi Realtors. Contact: (940) 692-8120

$139,900

2 Beds ⋅ 1 Baths ⋅ 21385744 MLS

Picture summer in your own backyard: a private in-ground pool, no HOA, and no shared community pool. Add room for the RV and the boat without storage fees, with water and 30 amp electric already in place, all at a price that still leaves room in your budget. Inside, two living areas give you room to spread out, and the second may flex into a third bedroom. The well-appointed kitchen offers tiled counters, a breakfast bar, a lazy Susan, and gas cooking. You'll also find classic wood cabinetry and hardwood floors. The in-ground pool received a new liner in 2025 and has a newer sand filter, and all pool equipment and accessories stay with the home. With a privacy fence around the yard, the backyard is ready for summer. A durable metal roof, a covered porch, an enclosed sunroom, and a carport with room for your vehicles add lasting value and everyday comfort. This home has been cared for year after year, and when something needed attention, the seller took care of it. Location makes daily life easy. You are minutes from downtown Wichita Falls and MSU, and the Boys and Girls Club is within walking distance. The seller will consider VA and FHA offers, along with conventional and cash. Schedule your showing and see the backyard for yourself.

1225 34th St, Wichita Falls

Listing courtesy of RENEE ADKINS from Hirschi Realtors. Contact: (940) 692-8120

$230,000

3 Beds ⋅ 2 Baths ⋅ 21379882 MLS

Built in 2021 and offered at $230,000! Welcome to 2410 Buchanan St, a beautiful 3-bedroom 2-bath home offering approximately 1,568 sqft. of modern living in Wichita Falls. Step inside to a bright, open concept floor plan where the kitchen, dining, and living areas flow together perfect for entertaining or relaxing at home. The spacious primary suite provides a comfortable retreat, while two additional bedrooms offer flexibility for family, guests, or a home office. Outside, you’ll find a generous lot with plenty of space to enjoy, along with the convenience of an attached garage, and alley access with a huge metal sliding gate. Located in a private, quiet setting near Midwestern State University, this home could be an excellent opportunity for parents looking to purchase a comfortable residence for their student rather than having them rent an older home or apartment. Its convenient location also provides easy access to local employers, shopping, dining, schools, and everyday amenities. With newer construction, a functional layout, and a peaceful location close to the university and major employment areas, 2410 Buchanan St offers the modern comfort, privacy, and convenience today’s buyers are looking for. Don’t miss your opportunity to make this home yours. Schedule a private showing today! Se habla español.

2410 Buchanan St, Wichita Falls

Listing courtesy of Rodrigo Mireles from eXp Realty LLC. Contact: 832-290-0472

$399,900

3 Beds ⋅ 3 Baths ⋅ 21378768 MLS

This elegant 2-story home invites you to slow down, gather with family & friends, and create lasting memories. The stunning stone fireplace is the heart of the home, while two spacious living areas and a formal dining room provide the perfect setting for entertaining. Step outside to an amazing backyard retreat featuring an expansive multi- level deck, mature shade trees, tall privacy fencing, and a beautiful stone wall fountain that creates a peaceful, resort-like atmosphere you'll never want to leave.

4316 Grants Gln, Wichita Falls

Listing courtesy of Debra West from RE/MAX Elite Group. Contact: 940-264-2500

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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.

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