Houston Homes under $500,000

Welcome to Houston, Alaska—a hidden gem where the breathtaking beauty of the Last Frontier meets the charm of a close-knit community. Nestled along the banks of the stunning Kenai River, Houston is a quaint town that offers a unique blend of outdoor adventure and serene living. With its picturesque landscapes and abundant recreational opportunities, it's no wonder that families and nature enthusiasts alike are drawn to this remarkable area.

One of the most appealing aspects of Houston is its affordability. Here, you can find a variety of homes under $500,000, making it an ideal destination for first-time buyers, growing families, or those looking to escape the hustle and bustle of city life. These homes offer not only great value but also access to the stunning natural surroundings that Alaska is known for. Imagine waking up to breathtaking views of snow-capped mountains or enjoying a cozy evening by the fireplace after a day of fishing, hiking, or exploring the great outdoors.

In addition to its affordable housing options, Houston boasts a welcoming community atmosphere. Local shops, eateries, and parks foster a sense of belonging, while the nearby attractions—such as the renowned Denali National Park and the scenic Matanuska Glacier—provide endless opportunities for adventure and exploration.

Whether you’re looking to invest in your first home or seeking a peaceful retreat, Houston, Alaska, is a place where dreams can take root. Come discover the charm of this delightful town and find your perfect home amidst the stunning Alaskan wilderness!

Newest Houston Homes under $500,000

$395,000

3 Beds ⋅ 3 Baths ⋅ 26-12801 MLS

Potential income producer! 3 bed, 2 bath 2-story home on 1.21 acres with a private guest suite over the detached 2-car garage. 1,600+ sqft house has oversized bedrooms, with primary on main level. New flooring in dining and living area. Stainless steel appliances (new dishwasher & microwave). 488 sqft guest suite has a carport, separate entrance, bonus room, full bathroom, kitchen and living area. Outside, freshly painted walkways connect the house, detached garage and guest suite. Private lot with plenty of parking and a fenced-in area in the backyard. Chicken coop, Shelter Logic shed, and all appliances, including the washer and dryer are included. Owners purchased the home in 2023 and converted it to natural gas. Brought gas line to house, installed new furnace and ducting, on-demand water heater, water softener and pressure tank. Property has a 3-bedroom septic tank. Easy to show!

2983 N Anthony Road, Houston

Listing Office Jack White Real Estate Mat Su

$395,000

3 Beds ⋅ 2 Baths ⋅ 26-12716 MLS

Brand-new construction on a full acre in a growing Houston subdivision, just minutes from the highway for an easy commute to Wasilla! This 1,280 sq ft ranch offers 3 bedrooms, 2 bathrooms, and a 2-car garage with a functional open-concept layout. Beautiful pine tongue-and-groove accents highlight the exterior, along with a covered front deck, concrete walkway, gutters, and decorative lighting. Enjoy the mountain view as you're pulling into the driveway! Inside, vaulted ceilings and a gas fireplace create a bright, welcoming living space. The kitchen features a farmhouse sink, soft-close cabinetry, under-cabinet lighting, and hanging open shelves. LVP flooring runs throughout the home. The primary suite is privately situated from the additional bedrooms and includes a walk-in closet and ensuite bath with a tiled walk-in shower. Built with Alaska living in mind, this home features an energy-efficient ICF foundation, R-60+ roof insulation, on-demand water heater, HRV system, and both gas and electric washer/dryer hookups. The garage is equipped with an EV charging port, plus an exterior generator hookup adds extra peace of mind. A great combination of new construction, thoughtful upgrades, energy efficiency, and convenient Valley living!

13276 W Gratitude Circle, Houston

Listing Office Signature Real Estate Alaska

$150,000

3 Beds ⋅ 1 Baths ⋅ 26-12690 MLS

Opportunity on 1.24 Acres with Detached Garage! Looking for a project with room to make it your own? This 3-bedroom, 1-bath home sits on 1.24 acres and offers a great starting point for a buyer with vision. With approximately 1,320 square feet, a detached 400-square-foot garage, well and septic, there is plenty of space to work with and make this property your own. Built in 2000, the home is ready for someone to bring their ideas and improvements to life. The detached garage offers additional space for vehicles, storage, or a workshop, while the 1.24-acre lot provides room to enjoy the property and create your own vision. The property is being sold As-Is, Where-Is For the right buyer, this could be an opportunity to transform an existing home and acreage into something truly their own.

3011 N Anthony Road, Houston

Listing Office EXP Realty, LLC Anchorage

$429,000

2 Beds ⋅ 2 Baths ⋅ 26-12600 MLS

Enjoy your morning coffee over looking 140 ft of Cheri Lake frontage. This home is ready for full time living or a weekend getaway. 2 bed with a loft, new roof, gas boiler, hot water heater, & pressure pump w/line.

1983 N Claudia Road, Houston

Listing Office Signature Real Estate Alaska

$195,000

2 Beds ⋅ 1 Baths ⋅ 26-12131 MLS

Introducing a charming multi-cabin retreat nestled in the heart of Houston, Alaska, right on the banks of the serene Little Susitna River. This picturesque property offers the perfect blend of rustic tranquility and modern comfort. With multiple cozy cabins, it's ideal for a family getaway, fishing expedition, or a serene escape from the hustle and bustle of city life. Features: - Multiple cabins for flexible accommodation options. - Direct riverfront access for fishing, kayaking, and relaxation. - Stunning views of the Alaskan wilderness and river. - A true nature lover's paradise with abundant wildlife and outdoor activities. - Easy access to Wasilla, Big Lake and Houston for shopping and dining. Escape to this Alaskan haven and experience the beauty and serenity of the Last Frontier right at your doorstep. Whether you seek adventure or simply want to unwind in a peaceful setting, this multi-cabin property offers it all. Don't miss the opportunity to make this enchanting retreat your own.

15639 W Wiggler Street & 1569, Houston

Listing Office Alaska Real Estate Associates, LLC

$389,000

3 Beds ⋅ 2 Baths ⋅ 26-11153 MLS

New home with 3 bedrooms and 2 baths with a great Mountain View! High ceilings and lots of windows flood the great room in sunlight. Massive covered porch off the living and dining area. Drive under 2 car heated garage is wonderful in the winter especially. Large usable lot. Stop by and take a look, you won't be disappointed.

13389 W Excalibur Circle, Houston

Listing Office Valley Market Real Estate

$389,000

3 Beds ⋅ 2 Baths ⋅ 26-10986 MLS

Beautiful & spacious 3-bdrm. 2-ba. ranch style house w/ 2-car garage by award winning builder Premier Valley Homes. Board & batten siding on the front w/ a generous covered front porch. Open layout featuring maple cabinets, quartz countertops throughout, nice kitchen backsplash & pantry. Custom tray ceiling in the master bedroom, LVP throughout & carpet in bedrooms. MOVE-IN READY!

12464 W Corn Street, Houston

Listing Office Sun Properties, LLC

$362,500

3 Beds ⋅ 2 Baths ⋅ 26-10719 MLS

NEW PRICE! Almost new, now even better! This home offers the benefits of new construction without the wait. Thoughtful improvements already in place, including newly established topsoil and seed, a D-1 gravel driveway, gutter system, and a Generac generator with transfer switch for added peace of mind. The upper yard is level and graded, ready for landscaping, gardening, or outdoor enjoyment. Inside, you'll find a bright, open layout with LVP flooring, quartz countertops, gas range, walk in pantry, and an inviting electric fireplace with tile surround that creates a warm focal point. From the garage you enter into the laundry room that connects to the kitchen for easy grocery hauls or dropping off dirty clothes from your recent Alaska adventure. The kitchen flows seamlessly into the living space, making it ideal for everyday living and entertaining. 2-car attached garage with man door adds convenience, while all appliances remain with the home. Barely lived in, and meticulously maintained, this home truly shows like new. Move-in ready with modern finishes, valuable upgrades, and room to breathe--this is an opportunity you won't want to miss.

2295 N Skye Circle, Houston

Listing Office The Kibe Lucas Team Keller Williams Alaska Advisors

$115,000

1 Beds ⋅ 1 Baths ⋅ 26-8589 MLS

Cabin and workshop on two half acre lots in the middle of recreation, close to Wasilla! Main floor has living, kitchen, & bathroom, plus spacious 192 SF loft not included in SF. Cabin features deck & metal roofing. Large workshop/storage building in back of lot. Great opportunity to own two lots! Property has well, but no septic. Cabin could make a great vacation rental, with lake access close by!

11439 W King Arthur Drive, Houston

Listing Office Advantage Alaska Real Estate

$300,000

2 Beds ⋅ 1 Baths ⋅ 26-6582 MLS

Well built 2 bedroom home. built with great care and love. Heating is quiet, peaceful baseboard electric heating 200 amp service. Flooring is 7'' x 4' Luxury vinyl plank Front porch with columns adorned with Ledgestone. Washer/Dryer hook ups Induction cooktop - electric oven Prater Lake public access is 540 ft. from this home's driveway. There is a realty sign out front. Foundation is pressure treated wood foundation with 3 coats of foundation tar.

3123 N Duke Drive, Houston

Listing Office Valley Market Real Estate

$399,000

3 Beds ⋅ 2 Baths ⋅ 26-2692 MLS

Charming 3 bed, 2 bath, 1760 SF home in a private cul-de-sac. Large open living, kitchen, dining area. Upgraded kitchen with large island and tons of soft-close cabinet space, large master bedroom w/ walk-in closet & bathroom. Large bedrooms. Separate laundry room. Air conditioning. Built in safe. 12x16 composite deck. Upgraded solid core vinyl plank flooring, and much more! Take a look today!

1262 N Miller Circle, Houston

Listing Office Living Alaska Style Real Estate

$410,000

3 Beds ⋅ 2 Baths ⋅ 25-14217 MLS

Discover this inviting 3 bedroom, 2 bath ranch style home. With an additional office/bonus room adding addition living space. This spacious open concept floor plan enhances natural flow throughout the main living area. New carpet and luxury vinyl throughout. The generously sized primary bedroom includes private ensuite bathroom, offering a comfortable and functional retreat. Large Trex deck installed in 2025 offers a relaxing space for entertainment. Conveniently located within the city limits of Houston. Listing Licensee related to Seller.

14124 W Millers Ridge Road, Houston

Listing Office Elite Real Estate Group

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Fiorelli Real Estate are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated:

Houston Homes under $500,000

Newest Houston Homes under $500,000

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