Iola Homes under $500,000

Iola Homes under $500,000

Welcome to Iola, Texas – a charming small town nestled in the heart of Grimes County, where the warmth of Southern hospitality meets the beauty of rural landscapes. With a population that embraces community spirit, Iola offers a unique blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle.

Iola is characterized by its picturesque surroundings, featuring sprawling fields, lush greenery, and a serene atmosphere that invites outdoor enthusiasts to explore nature. The town is conveniently located just a short drive from larger cities like College Station and Bryan, providing residents with easy access to shopping, dining, and entertainment while still enjoying the quiet charm of small-town living.

For those looking to make Iola their home, the real estate market offers a delightful selection of homes priced under $500,000. Whether you’re searching for a cozy cottage, a spacious family home, or a charming farmhouse, Iola has something for everyone. These affordable options allow you to invest in a property where you can create lasting memories without breaking the bank.

In addition to its attractive homes, Iola boasts a strong sense of community, with local events and activities that bring residents together. From seasonal festivals to farmers' markets, there’s always something happening in this vibrant town.

Discover the charm of Iola, Texas, where you can find your dream home at an affordable price and enjoy a lifestyle that values community, nature, and comfort. Come and experience the magic of Iola – your perfect home awaits!

Newest Iola Homes under $500,000

14223 Long Drive, Iola
$489,000
3 Beds ⋅ 2 Baths ⋅ 26011468 MLS
Welcome to your dream Texas homestead! Nestled on 10 beautiful unrestricted acres in Iola featuring ultimate turn-key country lifestyle. Whether you are looking for room to roam, dedicated space for projects and toys, or your own private fishing hole, this pristine acreage estate has it all. The spacious kitchen features rich dark cabinetry, dual sink, and a center prep island fantastic for casual entertaining or morning breakfast. The open-concept living of a sunlit living room and dining area offer the balance between the split floor plan The primary suite is a true retreat featuring a king-sized bedroom layout that transitions seamlessly into a private en-suite bath complete with a large walk-in glass shower enclosure, two sink areas with cabinet space and drawers and two walk in closets. The secondary bath has a tub/shower combo and easy access from the main area of the home. A large detached 2-car metal garage equipped with 3 roll-up doors— for your workshop or storage needs. Additionally, 3 covered carports offer plenty of protected parking for trailers, vehicles, or ATVs. Reliable infrastructure connected and in place for all utilities: Wickson Creek SUD, MidSouth Fiber, Mid South Electric, alongside a serviced aerobic septic system.

14223 Long Drive, Iola
6901 Breezewood Drive, Iola
$450,000
3 Beds ⋅ 2 Baths ⋅ 26011125 MLS
Discover 8.75 beautiful acres at 6901 Breezewood Drive in Iola, where mature trees, a picturesque pond, open space, and expansive views create a peaceful country setting. The property features a 3-bedroom, 2-bath modular home with a back porch positioned to enjoy the surrounding acreage and steady Breezewood breeze. Numerous improvements add both function and character, including a metal-framed covered barn/carport, greenhouse, storage shed, large chicken coop with running water, and a spacious garden area already plowed and prepared for planting. A built deck is ready for the above-ground pool, which is currently boxed and not installed. The seller also intends for the connected RV to convey with the sale, offering additional usable space separate from the home's stated living area. Currently open acreage behind the property creates a peaceful backdrop with no homes immediately to the rear. Located in Iola ISD, this property brings together acreage, natural beauty, outdoor improvements, and a beautiful rural setting.

6901 Breezewood Drive, Iola
11428 Debbie Lane, Iola
$449,900
3 Beds ⋅ 3 Baths ⋅ 26011154 MLS
TWO RESIDENCES + 5 UNRESTRICTED ACRES + ROOM TO EXPAND! This unique Iola property offers rare flexibility for multi-generational living, guests, additional living space, animals, equipment, or future plans. The recently cleared acreage creates more open, usable land while still preserving mature trees and privacy. The barndominium includes a finished 2-bedroom, 2-bath living area with an open kitchen and living space, leathered granite countertops, and a large unfinished side ready for additional living space, RV or equipment storage, covered parking, animals, or future build-out. An additional 400-amp electrical box is already located at the pole. A separate 1-bedroom, 1-bath cabin offers its own kitchen, living area, covered porch, and central A/C, giving buyers a true second residence with privacy and separation. Both residences have separate water and electric meters and share an aerobic septic system. No HOA and no deed restrictions. Bring your animals, equipment, and ideas. Convenient to Bryan/College Station and the growing SpaceX/TeraFab corridor.

11428 Debbie Lane, Iola
8914 Gilpin Lane, Iola
$435,000
3 Beds ⋅ 2 Baths ⋅ 26010695 MLS
Discover the possibilities on this beautiful nearly 10-acre property in Iola, Texas. With ag exemption, no restrictions, paved road frontage, mature trees, and two ponds, this property offers the space, flexibility, and privacy you’ve been looking for. The existing 3-bedroom, 2-bath home is being sold as-is, giving you the opportunity to make it your own, renovate to your vision, or build your dream home while enjoying all that the property has to offer. Whether you’re looking for a peaceful weekend retreat, a place for animals and outdoor enjoyment, or the perfect setting for your forever home, this property offers endless potential. Located less than 10 minutes from Iola, within Iola ISD, and less than 30 minutes from Bryan/College Station, you can enjoy the best of country living without being far from town. Come explore the land, envision the possibilities, and make this special piece of Texas your own!

8914 Gilpin Lane, Iola
9123 Scarborough Drive, Iola
$475,000
3 Beds ⋅ 3 Baths ⋅ 26010270 MLS
Discover this 2,440 sq ft home on 1.6 acres in the desirable King Oaks subdivision, conveniently located off Hwy 30. The split floor plan offers 3 bedrooms and 2 baths downstairs, plus a flex room ideal for an office. The open-concept living area features high ceilings, wood-tiled floors, a fireplace, and spacious kitchen with island. The primary suite includes a large tiled glass shower and walk-in closet connecting to the mudroom and laundry. A hallway built-in provides convenient storage. Upstairs, an unfinished space above the garage and primary bath offers endless potential for an additional bedroom, game room, and storage, with a half bath already installed. Enjoy a large garage, spacious yard, cross-fencing, and a covered porch plumbed for gas—perfect for watching beautiful sunrises. King Oaks amenities include a community pool, pavilion, fishing lake, walking trails, and equestrian trails. Short commute to College Station.

9123 Scarborough Drive, Iola
7470 Dallas Street, Iola
$215,000
4 Beds ⋅ 3 Baths ⋅ 26009898 MLS
Discover this versatile 4-bedroom, 3-bath home on a spacious corner lot in the growing community of Iola, TX! The main home offers 3 bedrooms, 2 bathrooms, a split-bedroom floor plan, a cozy fireplace, and a spacious kitchen with granite countertops, abundant cabinetry, and a large dining area. An attached 1-bedroom, 1-bath guest suite includes its own living area and efficiency kitchen, making it ideal for multi-generational living, guests, a home office, or income-producing potential. Enjoy large front and back porches, plenty of outdoor space, and a convenient location just steps from town and only 12 miles from Highway 30, and approx. 25 minutes to Bryan College Station. A rare opportunity offering flexibility, comfort, and small-town living!

7470 Dallas Street, Iola
23245 Fm 244, Iola
$320,000
3 Beds ⋅ 2 Baths ⋅ 26005937 MLS
Beautifully crafted 3-bedroom, 2-bath home built in 2023 located in the heart of Iola just blocks from Iola ISD and Main Street. This thoughtfully designed split floorplan offers 1,523 square feet of comfortable living space with modern finishes throughout. The spacious living room features a tray ceiling that adds character and style, while the kitchen showcases custom cabinetry, granite countertops, stainless steel appliances, and plenty of workspace for everyday living and entertaining. The private primary suite also features a tray ceiling along with a walk-in closet and a well-appointed bathroom complete with double vanities and a walk-in tiled shower. Additional highlights include granite countertops throughout the home, an in-house utility room, and a 2-car garage. Relax and unwind on the covered front porch or enjoy gatherings on the covered back patio overlooking the private fenced backyard. Convenient small-town living with modern touches makes this home one you won’t want to miss!

23245 Fm 244, Iola
5284 Hammond Circle, Iola
$499,900
4 Beds ⋅ 3 Baths ⋅ 26004968 MLS
Welcome to your perfect blend of comfort, space, and small-town charm! Nestled on nearly 2 acres in a quiet cul-de-sac, this beautiful 4-bedroom, 2.5-bath home offers the freedom of no HOA and no restrictions—giving you the lifestyle you’ve been looking for. Located in the highly desirable Iola ISD, this home combines peaceful country living with access to a sought-after school district. Step inside to find thoughtfully designed features throughout, including custom cabinets, a tall walk-in pantry, and spacious custom walk-in closets complete with built-ins and shelving. The primary suite is a true retreat with a luxurious dual shower, while additional bathrooms feature dual sinks and plenty of storage, including two linen closets. This home is built for both function and fun! Enjoy a versatile game room or garage space, plus a multi-purpose game closet for added organization. The kids’ room includes a custom built-in desk and shelving— for homework, creativity, and staying organized. Step outside to your private backyard oasis featuring a pool with convenient, easy access to a half bath—perfect for entertaining guests and keeping things clean and simple during those summer days. You’ll also love the expansive space, complete with a barn—can be used for hobbies, storage, or animals. If you’ve been dreaming of peaceful small-town living with room to spread out and all the custom touches already in place, this one checks every box!

5284 Hammond Circle, Iola
7227 Corsicana Street, Iola
$294,900
3 Beds ⋅ 1 Baths ⋅ 26003620 MLS
Welcome to 7227 Corsicana Street in Iola! Located in the heart of Iola and blocks from Iola ISD, this updated home offers 3 bedrooms, 1 bathroom with a separate tub and shower, and 1,512 sqft of living space. Originally built in the 1980s and fully remodeled in 2023, it features modern finishes, an in-house utility room, large kitchen island and an open layout. Situated on a large corner lot with a privacy wood-fenced backyard, this property offers both space and functionality.

7227 Corsicana Street, Iola
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