Mexico Homes under $500,000

Welcome to the charming city of Mexico, Missouri, where small-town warmth meets modern living! Nestled in the heart of Audrain County, Mexico is a vibrant community that boasts a rich history and a bright future. Known for its friendly atmosphere, lush parks, and a strong sense of community, Mexico is the perfect place to call home.

The real estate market in Mexico offers an exciting opportunity for homebuyers, especially those seeking homes under $500,000. Here, you’ll find a variety of beautiful properties that cater to diverse tastes and lifestyles. From cozy single-family homes with sprawling yards to contemporary designs featuring open floor plans, there’s something for everyone.

Living in Mexico means you can enjoy the best of both worlds: the tranquility of suburban life combined with easy access to urban amenities. The city is home to excellent schools, delightful local shops, and a thriving dining scene that showcases the best of Missouri cuisine. Outdoor enthusiasts will appreciate the nearby parks and recreational opportunities, perfect for family outings and weekend adventures.

With a strong sense of community and a commitment to quality living, Mexico, MO, is an ideal place for families, young professionals, and retirees alike. Whether you’re looking to settle down or invest in a future home, this charming city offers an array of options under $500,000 that won’t disappoint. Explore the possibilities today and discover why Mexico is the perfect place to plant your roots!

Newest Mexico Homes under $500,000

$190,000

5 Beds ⋅ 1 Baths ⋅ 437740 MLS

Solid older home with larger rooms, 3 bedrooms on main level and potential for 3 more upstairs. Dining room has window seat. Lots of wood cabinets in kitchen. range and refrigerator convey. Full unfinished basement Double garage. Shared driveway. So much potential here just need some updates.

414 N WESTERN ST, Mexico

Courtesy of Century 21 Peak, Marking & Associates 573-581-1363

$195,000

3 Beds ⋅ 3 Baths ⋅ 437604 MLS

Well maintained 3 bedroom, 2.5 bath home offers plenty of space and desirable features. This home features a spacious living room/dining area and a large eat-in kitchen with abundance of cabinet space. The unfinished basement provides additional storage or future living space and includes convenient half bath. Numerous updates have been completed, including a roof, gutters & vinyl siding in 2018. The home was rewired approx. 13 years ago. Enjoy the outdoors with the 2 tiered deck overlooking the fenced-in yard, perfect for entertaining! A Standout Feature is the oversized 24 X 30 - 2 car garage built in 2010. The garage offers high ceilings, separate breaker box & plenty of electrical outlets making it ideal for vehicles, hobbies, workshop or extra storage. Nice wide driveway for additona parking. This property offers a great combination of comfortable living space, outdoor enjoyment & excellent garage/storage space. Call today to schedule a tour!!

1010 E JACKSON ST, Mexico

Courtesy of Garriott & Associates Realty

$179,000

2 Beds ⋅ 2 Baths ⋅ 437453 MLS

This fully renovated 2-bed, 2-bath home offers all-new systems and finishes, including electrical, plumbing, HVAC, windows, flooring, siding, kitchen, and bathrooms. Only the original structure remains. The deep lot provides room to enjoy the outdoors, while the large front porch adds inviting curb appeal. Located on a quiet street with convenient access to local amenities, this property is an excellent opportunity for a buyer seeking a move-in-ready home.

517 E PARK ST, Mexico

Courtesy of ReeceNichols Mid Missouri 573-445-7737

$129,000

3 Beds ⋅ 1 Baths ⋅ 437471 MLS

AFFORDABLE CHARM MEETS MODERN PEACE OF MIND in this cozy 3 bedroom, 1 bathroom home. This property has had a lot of interior updates, but could still use some minor finishes. HVAC is roughly 3 years old, newer flooring, freshly painted interior walls, newer windows, among other great amenities! An affordable opportunity won't sit on the market long! Come check it out before it's too late!!

907 FAIRGROUND ST, Mexico

Courtesy of REALTY 365 LLC

$129,000

3 Beds ⋅ 1 Baths ⋅ 132637 MLS

907 Fairground St, Mexico

Courtesy of REALTY 365 LLC 573-567-3936

$254,000

3 Beds ⋅ 2 Baths ⋅ 437438 MLS

BRAND-NEW CONSTRUCTION -- ONE-LEVEL LIVING AT ITS BEST! This beautiful 3-bedroom, 2-bath ranch home offers modern style, effortless living, and no steps! The desirable split bedroom floor plan features an open concept great room with vaulted ceiling which creates a spacious and inviting gathering area. The gorgeous kitchen showcases crisp white shaker-style cabinetry providing ample storage and plenty of room for entertaining family and friends. The private primary suite features double closets and a beautiful bath with a tiled walk-in shower. Two additional bedrooms, a full bath, and a convenient laundry area tucked behind closed doors complete the main level. An attached two-car garage provides easy access and additional storage. The maintenance-free exterior makes upkeep a breeze, while the covered patio offers the perfect spot to relax or entertain while overlooking the supersized backyard. Located near the Mexico High School and Career Center Brand-new, beautiful, and move-in ready -- this is the one you've been waiting for!

524 W MAPLE ST, Mexico

Courtesy of REMAX On The Move

$230,000

3 Beds ⋅ 2 Baths ⋅ 437172 MLS

32 QUANTICO RD, Mexico

Courtesy of Iron Gate Real Estate

$375,000

4 Beds ⋅ 3 Baths ⋅ 437317 MLS

Beautiful 4-bedroom home situated on a 1-acre lot in a highly desirable Mexico location, within walking distance of Teal Lake Park, offering lake access, trails and 135 acres of conservation area! With over 3,300 sq. ft., this home offers plenty of room inside and out. Step inside and immediately notice the beautiful hardwood floors and open layout connecting the spacious living room, dining area and completely updated kitchen. The living room features a gorgeous brick fireplace, while the brand-new kitchen showcases quartz countertops, stainless steel appliances and a center island. Just off the kitchen is a wonderful family room/4-seasons room overlooking the large backyard--the perfect place to enjoy your morning coffee while watching the birds! Outside, you'll love the covered patio and oversized pergola, creating an incredible space for entertaining or relaxing. The split-bedroom layout offers privacy, with the primary suite featuring the opposite side of the brick fireplace for a beautiful architectural accent, along with a private bathroom featuring a tiled walk-in shower. Down the hall, you'll find an abundance of storage, additional bedrooms with hardwood floors and updated fixtures, plus a charming full bathroom with a tub/shower combination and updated vanity. Head downstairs and you'll find an unfinished basement full of possibilities! Foundation work has already been completed, giving the next owner the opportunity to create additional bedrooms, a family room, game room, home gym or whatever fits their needs. There's even a full bathroom already in place. With its spacious 1-acre lot, beautiful updates, incredible outdoor living spaces and proximity to Teal Lake Park, this is one you'll want to see!

328 TEAL LAKE RD, Mexico

Courtesy of Weichert, Realtors - House of Brokers

$265,000

3 Beds ⋅ 2 Baths ⋅ 437289 MLS

LOCATION, LOCATION, LOCATION! Enjoy the peace and privacy of a very quiet cul-de-sac in the desirable Mexico Country Club area. This beautifully maintained one-level home offers easy, step-free living with thoughtful updates and plenty of space to relax and entertain. The gorgeous updated kitchen features custom cabinetry, solid-surface countertops, and all appliances, opening to a formal dining room and inviting living room. A spacious sunroom is a true highlight, surrounded by windows that fill the space with an abundance of natural light and offering a patio door leading to the covered back patio--perfect for morning coffee or evening relaxation. The primary bedroom includes a convenient ¾ bath, with two additional bedrooms and a full bath completing the main living area. Main-floor laundry adds to the home's everyday convenience. Step outside to enjoy the private backyard, complete with a storage shed and covered patio. Pride of ownership truly shines throughout this exceptional property. If you're looking for a well-maintained home in a desirable location with comfort and convenience all on one level, this one is a must-see!

106 MEADOWLAKE DR, Mexico

Courtesy of REMAX On The Move

$364,750

4 Beds ⋅ 3 Baths ⋅ 437201 MLS

14082 AUDRAIN ROAD 919, Mexico

Courtesy of ReeceNichols Mid Missouri- Fulton

$260,000

26058445 MLS

New construction duplex. 2 bed/1 bath each unit. Will be ready for tennants on October 1st.

1410 N Clark St, Mexico

Courtesy of Coldwell Banker Neighbors 573-642-8870

$50,000

2 Beds ⋅ 1 Baths ⋅ 437067 MLS

Dreaming of a little cottage in town, but sticker-shock has you down? With some love, that is exactly what this darling little spot will have to offer. Two bedrooms opposite a Jack & Jill bath to the left, and a living room, dining room and kitchen to the right, sitting on a deep, partially shaded lot. This property will be sold as-is. No seller's disclosure to be provided.

508 S ABAT ST, Mexico

Courtesy of Weichert, Realtors - House of Brokers

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Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Century 21 Community