Allen Homes under $500,000

Allen Homes under $500,000

Welcome to Allen, Texas – a vibrant city nestled in the heart of Collin County, where community spirit meets suburban charm. Known for its friendly atmosphere and family-oriented lifestyle, Allen offers a perfect blend of modern amenities and natural beauty. With a population of over 100,000, this thriving city is celebrated for its excellent schools, abundant parks, and a plethora of shopping and dining options.

One of the most appealing aspects of Allen is its diverse real estate market, particularly for those seeking homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Allen has something for everyone. From cozy single-family homes to contemporary townhouses, you’ll find properties that cater to various tastes and budgets. Many of these homes are situated in well-established neighborhoods that boast tree-lined streets and community parks, providing an inviting environment for residents.

Allen is also home to a variety of recreational activities. The city features over 1,000 acres of parkland, including the popular Celebration Park and the scenic Allen Station Park, which offers trails, sports fields, and playgrounds. For shopping enthusiasts, the Allen Premium Outlets and the Watters Creek at Montgomery Farm provide an array of retail options.

With its strong sense of community, excellent schools, and affordable housing options, Allen, TX, is an ideal place to call home. Explore the opportunities awaiting you in this charming city, where you can enjoy a fulfilling lifestyle without breaking the bank!

Newest Allen Homes under $500,000

703 Willow Brook Dr, Allen
$469,000
3 Beds ⋅ 3 Baths ⋅ 21419825 MLS
ASSUMABLE FHA LOAN AT JUST 5.75%—a rare opportunity for qualified buyers to potentially secure a significantly below-market interest rate! WOW! Beautifully renovated and thoughtfully upgraded, this impressive single-story home in established Fountain Park combines modern style with an outstanding Allen location. A welcoming circle drive and refreshed landscaping create great curb appeal, while the light-filled interior offers a functional, open layout. The redesigned kitchen is a true centerpiece, featuring quartz countertops, generous seating, updated appliances, gas cooktop, oven, warming drawer, microwave, stylish pendant lighting and a new vent hood vented to the exterior. The spacious living area is anchored by a fireplace with custom built-in cabinetry and shelving, while French glass doors add privacy and character to the dedicated study. The renovated primary bath feels like a private spa retreat with a freestanding soaking tub, oversized walk-in shower with bench, recessed niche and multi-function shower system, dual-sink vanity, contemporary black fixtures and illuminated mirrors. Additional improvements include replacement windows and new window sills throughout most of the home, attic insulation upgraded to approximately R-49, updated powder bath, added primary-bath cabinetry, new interior and exterior light fixtures and Kwikset rekeyable exterior door hardware. Outside, the backyard fence was relocated to create approximately 150 additional square feet of usable yard space, while brick landscape edging, new sod and refreshed landscaping enhance the front and backyard. Conveniently located near parks, schools, shopping, dining, entertainment and major commuter routes, this move-in-ready Fountain Park home offers extensive renovations, timeless character and an exceptional Allen location.

703 Willow Brook Dr, Allen

117 Tortugas Dr, Allen
$435,000
3 Beds ⋅ 3 Baths ⋅ 21415981 MLS
Welcome to this beautiful, modern, clean, and centrally located Townhome in the heart of Allen! Discover the perfect blend of style, comfort, and location in one of DFW's best school district in this immaculate 3-bedroom, 2.5-bath townhome. The main level showcases stunning luxury vinyl plank flooring and an open-concept layout ideal for everyday living and entertaining. The kitchen features solid wood cabinetry, updated granite countertops, a gas range, and a spacious pantry. A convenient half bath is located just off the garage entry. Upstairs, you’ll find three generously sized bedrooms, each with ample closet space. The primary suite offers a spacious retreat with a large walk-in closet and an open ensuite bath complete with dual sinks and a stand-up shower.  The upstairs utility room provides added convenience with room for a full-size washer and dryer. Additional highlights include a spacious two-car garage with extra storage space and a sizable backyard perfect for pets, play, or entertaining — complete with a covered patio for year-round enjoyment. The home is equipped with a fire suppression system, which may help reduce homeowners insurance costs. Even better, the HOA covers the entire exterior of the home, including the roof, foundation, and irrigation, offering added peace of mind and low-maintenance living. Don’t miss this exceptional opportunity to enjoy comfort, convenience, and modern living in the heart of Allen!

117 Tortugas Dr, Allen

818 Pebblebrook Dr, Allen
$440,000
3 Beds ⋅ 3 Baths ⋅ 21417122 MLS
Fresh updates, a flexible floor plan, and a location that can't be beat! This Allen home is waiting for you to move right in! A complete remodel completed October 2026 means you can unpack and make this palce home without having to worry about any updates. The 2nd living area is perfectly set up to easily become a 4th bedroom or it is also makes a great play room to keep the rest of your home clutter free. In the kitchen and all the bathrooms you can find beautiful white cabinetry accented by stunning quartz counters to match. Designer shower tiles will make you feel like you have your own spa in both the primary or 2nd bathroom. Stunning vaulted ceilings with wooden beams add that touch of elegance that is difficult to find in this price range. Some 2026 updates include new HVAC, all new paint, all new flooring, all new fixtures, freshley sodded grass, and much more. The kitchen features a farmhouse sink, brand new stainless steel appliances, and a clean, timeless design. Eat in island and built ins for extra storage and charm add convenience and comfort. True split bedroom floor plan gives the primary suite completel privacy. Built on a large corner lot with an extended patio, the outdoor space does not disappoint either. Imagine the memories you could make from your back porch. Central location to all Allen has to offer including so many shopping and dining options, parks, entertainment and more. Can't forget to mention the convenience of being right next to 75 to easily get anywhere. If you've been searching for an updated 1 story home in a great location with a flexible floor plan, this one should be at the top of your list.

818 Pebblebrook Dr, Allen

1592 Mahogany Dr, Allen
$480,000
4 Beds ⋅ 2 Baths ⋅ 21414110 MLS
Where thoughtful design meets effortless indoor-outdoor living! Nestled among mature trees in an inviting Allen neighborhood, this beautifully appointed west-facing, 4-bedroom, 2-bath home offers 1,987 square feet of comfort, style, and versatility. Tall ceilings, hardwood floors, and plantation shutters create a warm, welcoming atmosphere, while an impressive wall of stacking glass doors opens the family room to the backyard. The desirable split-bedroom floor plan provides privacy and functionality, with a spacious kitchen overlooking the family room and its gas-log fireplace. The kitchen features quartz countertops, a farmhouse sink, reverse osmosis water filtration, an externally vented range, and a generous breakfast nook. A separate dining room offers flexibility for formal dining, a home office, or additional living space. The private primary suite features hardwood flooring, dual vanities, and two closets, while secondary bedrooms offer the comfort of carpeting. Additional conveniences include a Ring security system with sensors on all doors and windows, a new gas water heater (2026), an EV charging station, and a J-swing garage. Enjoy a neighborhood known for its mature trees, walking trails, parks, and lakes, all encouraging an active outdoor lifestyle. Conveniently located near Allen's shopping, dining, and entertainment, with Highway 75 less than three miles away. A perfect balance of inviting spaces, modern conveniences, and an exceptional location—welcome home!

1592 Mahogany Dr, Allen

607 Bluebonnet Dr, Allen
$375,000
3 Beds ⋅ 2 Baths ⋅ 21415770 MLS
NO HOA! Beautifully updated Home with Pool Covered-Patio An optional furniture package Enjoy this COVERED-PATIO, with new roof installed September 2026, and well-maintained 3-bedroom, 2-bath home with the bright open-concept living-dining area featuring a contemporary minimalist style. High ceilings, natural light, and smooth ceilings (popcorn ceiling removed) create a contemporary look. A striking 7-foot-high sparkling quartz stacked-stone fireplace as a striking architectural centerpiece in the living room, The updated kitchen features granite countertops, porcelain tile flooring, well maintained appliances, and an outdoor-vented range hood. Engineered bamboo wood flooring is in the living room and two bedrooms; the primary bedroom has recently installed carpet. Both bathrooms feature custom vanities and porcelain, and tile flooring, and the second bathroom has a barn door, adding a distinctive contemporary touch. The backyard is great for relaxing and entertaining, with a generously sized chlorine pool, two large raised wooden decks, washed-terrazzo pool decking, and a marble-chip stone walkway to the mini storage area. A well-maintained 8-foot-high wooden privacy fence in excellent condition adds seclusion. The backyard has no lawn to mow; two flower beds provide planting space, and a sprinkler system serves areas around the home and flower beds. The covered patio built on May 2024 offers approximately 250-280 additional sq. ft. of outdoor living space, great for relaxing or entertaining. Convenient to Watters Creek shopping and dining, nearby schools, and major highways. An optional furniture package—including an Italian white leather sofa, Italian-made wood entertainment center and matching cabinet, reclining chair, and contemporary three-tier coffee table—is available at no extra cost if desired. Price remains the same if furniture is declined.

607 Bluebonnet Dr, Allen

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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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