Washington Terrace Homes under $500,000

Welcome to Washington Terrace, a charming subdivision nestled in the heart of Texas! This vibrant community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, first-time homebuyers, and anyone looking to embrace the Texas lifestyle.

Washington Terrace is characterized by its welcoming atmosphere and beautifully designed homes, many of which are available for under $500,000. This affordability does not compromise quality; you’ll find a variety of architectural styles, from modern designs to classic ranch-style homes, each exuding its unique charm. With spacious layouts, well-maintained yards, and inviting interiors, these homes provide the perfect backdrop for creating lasting memories.

The neighborhood is known for its friendly residents and strong sense of community. Families will appreciate the nearby parks and recreational areas, perfect for weekend picnics, outdoor activities, and enjoying the beautiful Texas weather. Additionally, Washington Terrace is conveniently located near shopping centers, restaurants, and schools, ensuring that all your daily needs are just a stone's throw away.

For those who commute, the subdivision offers easy access to major highways, making it simple to reach nearby cities and attractions. Whether you're drawn to the vibrant local culture or the peaceful suburban lifestyle, Washington Terrace has something for everyone.

If you’re ready to find your dream home in this delightful community, explore the available listings today and discover the charm of Washington Terrace for yourself!

Newest Washington Terrace Homes under $500,000

$350,000

3 Beds ⋅ 2 Baths ⋅ 97013852 MLS

This distinctive home offers 3 bedrooms, 2 full bathrooms, and a 2-car garage. The first floor features beautiful wood flooring and unique architectural details, including exposed wood ceiling beams, built-in hidden storage, and a stone accent wall. The kitchen showcases stylish cabinetry, a large apron-front sink, tile backsplash, abundant storage, a built-in beverage refrigerator, pot filler, gas cooktop, and SS appliances. Upstairs, the spacious primary suite features sun-filled windows, a generous custom closet area, and a private ensuite bath with a classic clawfoot tub and separate shower. An additional upstairs bedroom offers flexibility for use as a home office, hobby room, or guest space. The third bedroom and second full bath are conveniently located downstairs. Numerous updates include windows, insulation, ductwork, electrical, plumbing, and appliances. Enjoy convenient access to Emancipation Park, Houston's Museum District, downtown, and I-45 and US-59.

2402 Barbee St, Houston

3007 Cleburne St Unit 3007,3009,3011, Houston

$375,000

2 Beds ⋅ 1 Baths ⋅ 39581074 MLS

ATTENTION INVESTORS! THREE HOMES. ONE LOT. PRIME LOCATION. This is an investment opportunity that doesn’t come along every day! Located directly across the street from Texas Southern University, this unique property features THREE individual residences on a SINGLE LOT, giving investors the opportunity to own multiple rental units with one purchase. In addition to being directly across from TSU, the property is approximately a 5-minute bike ride from the University of Houston’s main campus and offers convenient access to Downtown Houston, the Texas Medical Center, shopping, dining, etc. A bus stop directly in front of the property adds another convenient transportation option. Whether you’re looking to expand your rental portfolio, create multiple streams of rental income, or secure a uniquely positioned property near two major Houston universities, 3007 Cleburne deserves your attention. THREE residences, ONE lot, directly across from TSU—schedule your private showing NOW!

3007 Cleburne St Unit 3007,3009,3011, Houston

$200,000

3 Beds ⋅ 3 Baths ⋅ 46700611 MLS

Investor opportunity with plenty of potential! This property is ideal for an investor or buyer looking for a renovation project. The home is being sold AS-IS, and the seller will make no repairs. Bring your vision and transform this property into your next fix-and-flip or investment project. Property is subject to lender approval. Buyer to independently verify all property information, condition, measurements, and renovation needs.

2821 Eagle St, Houston

$349,000

3 Beds ⋅ 3 Baths ⋅ 25716088 MLS

Ideally located near Downtown Houston, this recently updated property offers exceptional flexibility for residential or commercial use. The classic brick exterior opens to a refreshed interior with spacious living areas, a versatile secondary den, and a cozy fireplace. The updated kitchen features granite countertops, a modern tile backsplash, and engineered wood flooring. Recent improvements include a newer roof, updated plumbing, windows, HVAC system, and fresh interior paint—providing comfort and peace of mind. Adding future value, the property includes a fully permitted, plumbed engineered slab designed to support a two-story addition. Ideal for a garage with living quarters, guest suite, or income-producing expansion, or enjoy it as an outdoor entertaining space. Conveniently located near the Medical Center, stadiums, museums, and premier dining, this property presents a rare opportunity in a highly desirable urban corridor.

2505 Truxillo St, Houston

$380,000

3 Beds ⋅ 2 Baths ⋅ 84988282 MLS

Income Generating Gem. Looking to maximize your returns as an investor? This multifamily duplex is the perfect opportunity for you! Featuring two fully remodeled units, Unit A with 2 bedrooms and 1 bathroom, and Unit B with 3 bedrooms and 2 bathrooms, this property is sure to attract quality tenants. With its strategic location, walking distance to TSU. Easy Access to 288, the Medical Center, and major freeways, convenience and accessibility are key selling points for renters. Unit B currently rented. Act fast and don't let this lucrative investment slip through your fingers!

3015 Cleburne St, Houston

$390,000

3 Beds ⋅ 2 Baths ⋅ 76589854 MLS

Immerse yourself in the enchantment of this gem nestled in Washington Terrace, minutes from Downtown Houston, Midtown, and the Museum District. This charming home seamlessly with updates: 3 cozy bedrooms, 2 bathrooms, an open-concept kitchen-living area, and high ceilings, it offers a delightful living experience. Step outside to relish backyard space enclosed by an iron privacy fence. Conveniently located just minutes from Downtown Houston, the Texas Medical Center, the University of Houston, Rice University, Texas Southern University, Midtown, and major freeways, this home offers easy access to shopping, dining, entertainment, and employment centers. Ready for immediate move-in, with the option to acquire tastefully selected furnishings. Whether you're looking for your next home or a great investment opportunity, this property delivers space, convenience, and an unbeatable location. Schedule your private showing today!

2711 Eagle St, Houston

$365,000

3 Beds ⋅ 4 Baths ⋅ 52441355 MLS

Beautiful WHITE brick home next to TSU. This property consists of 3 bedrooms and 3 full baths. Newly RENOVATED. New floor, New Kitchen. Tankless Water Heater. Long NEW drive way. Close to Medical Center, Downtown, Highway 59, 610, 288. NO HOA. Perfect for LONG TERM investment or Short Term Rental. Ready to move in.

2509 Ruth St, Houston

$370,000

2 Beds ⋅ 2 Baths ⋅ 86483258 MLS

Welcome to this beautifully updated single-family home in Houston's Third Ward, just seconds from the main entrance of Texas Southern University. This 1,490-square-foot residence offers 2-3 bedrooms and 2 bathrooms, thoughtfully renovated with quality finishes throughout. The kitchen shines with quartz countertops, a tile backsplash, a center island, and stainless steel appliances — perfect for cooking and entertaining. Both bathrooms have been modernized with fresh, contemporary finishes. Set on a quiet, family-oriented street, this home did not flood during Hurricane Harvey, offering added peace of mind. The location is unbeatable: minutes from Downtown Houston, Montrose, the Texas Medical Center, and the University of Houston, with easy access to Highway 288, the Beltway, 610, and I-90.

2906 Rosewood St, Houston

$498,000

2 Beds ⋅ 2 Baths ⋅ 7873636 MLS

Income-producing investment property with exceptional upside potential and no HOA or restrictions. This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info

2501 Truxillo St Unit 1-7, Houston

$217,000

3 Beds ⋅ 2 Baths ⋅ 52851024 MLS

Charming 3-bedroom, 2-bathroom single-family home offering a comfortable and functional layout ideal for everyday living. The property features a spacious living area with abundant natural light, a well-appointed kitchen with ample cabinetry and counter space, and a dedicated dining area perfect for gatherings. Step outside to enjoy a generously sized backyard. Perfect for outdoor grilling, entertaining, or relaxing. The yard offers plenty of space for gardening, pets, or recreation.

107 Sayles St, Brenham

$498,000

5 Beds ⋅ 3 Baths ⋅ 42059682 MLS

A well-located triplex presents a compelling multifamily investment opportunity in one of Houston’s most active inner-loop submarkets. The property currently consists of 3 separate residential units with stable income potential & offers additional upside through the potential to add a fourth studio apartment unit. This asset is ideal for investors seeking cash flow today with future value-add expansion, as well as owner-occupants looking to offset ownership costs with rental income, making it an attractive addition to an investment portfolio. Situated at the prime intersection of Midtown & Third Ward, this property is minutes from Downtown, the Texas Medical Center, & major universities. With easy access to US-59, I-45, and I-288, & surrounded by new development, demand is strong from both owners & investors. Zoned for residential or mixed-use use with no HOA fees, it’s an ideal infill opportunity for short-term or long-term rentals. Proforma cap rate 8.5%

2706 Isabella St, Houston

$480,000

5 Beds ⋅ 3 Baths ⋅ 89345598 MLS

This beautifully updated two-story home offers 5 spacious bedrooms and an ideal layout for comfortable living and entertaining. Located just minutes from Downtown Houston, TSU, UH, and the Medical Center, the home combines convenience with space you rarely find this close in. Inside, you’ll find two generous living areas, perfect for gatherings, a game room, or a home office setup. The large kitchen provides ample counter space and storage, making it the heart of the home. Step outside to enjoy a backyard deck shaded by a mature tree, creating a peaceful space for relaxing or hosting family and friends. With its prime location and flexible floor plan, this home is a standout opportunity in a rapidly growing area.

2410 Cleburne St, Houston

Start Your Search

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.

Last updated:

Washington Terrace Homes under $500,000

Newest Washington Terrace Homes under $500,000

How much is your home worth?

How much is your home worth?