Shadow Lakes Homes under $500,000

Welcome to Shadow Lakes, a picturesque subdivision nestled in the heart of Allen, Texas, within Collin County. This charming community offers a perfect blend of suburban tranquility and vibrant city life, making it an ideal choice for families, professionals, and retirees alike.

Shadow Lakes is known for its beautifully designed homes, many of which are available for under $500,000. This affordability does not compromise quality; instead, it provides an incredible opportunity for homebuyers to find their dream residence without breaking the bank. With a variety of architectural styles and layouts, potential homeowners can choose from cozy single-family homes to spacious two-story options, ensuring there’s something for everyone.

The community is surrounded by lush greenery, scenic lakes, and well-maintained parks, perfect for outdoor enthusiasts and families looking to enjoy nature. Residents can take advantage of walking trails, picnic areas, and playgrounds, fostering a sense of community and promoting an active lifestyle. Additionally, Shadow Lakes is conveniently located near top-rated schools, shopping centers, and dining options, ensuring that all your needs are just a stone’s throw away.

Living in Shadow Lakes means embracing a friendly neighborhood atmosphere while having access to the dynamic lifestyle that Allen offers. With its affordable housing options, beautiful surroundings, and convenient amenities, Shadow Lakes is truly a hidden gem in Collin County. Come explore this inviting community and discover the perfect place to call home!

Newest Shadow Lakes Homes under $500,000

$439,900

4 Beds ⋅ 2 Baths ⋅ 21370265 MLS

Open house Sunday 2:00pm-4:00pm on September 27! GORGEOUS AND HARD-TO-FIND ONE-STORY HOME WITH FRONT-FACING VIEW ACROSS FROM BETHANY LAKES PARK! Enjoy an exceptional location directly across from Bethany Lakes Park, featuring five scenic lakes, park and walking trails. This inviting home offers an open floor plan with high ceilings, plantation shutters, hardwood floors, and a desirable split-bedroom layout. The spacious kitchen features granite countertops, center island, breakfast bar, and abundant cabinetry, opening to a comfortable family room with a cozy fireplace and built-in entertainment nook. Both bathrooms have been tastefully updated with custom cabinetry, marble and granite countertops, mirrors, and ceramic tile flooring. Recent improvements include fresh interior paint, a new dishwasher, 5 pieces of new window glass and the newly stained privacy fence. The fenced backyard features a covered patio and a mature tree providing welcome shade, creating a comfortable setting for relaxing or entertaining outdoors. A wonderful combination of prime location, thoughtful updates, and comfortable living—truly a home you won’t want to miss!

1109 Shadow Lakes Blvd, Allen

$497,000

4 Beds ⋅ 3 Baths ⋅ 21369608 MLS

Priced to Sell! Offered As-Is and an excellent opportunity to own this 4-bedroom, 2.5 bath, 2,923 sq ft home with unobstructed views of the water at Bethany Lakes Park. A striking black marble entryway creates a grand first impression. White plantation shutters and elevated finishes are throughout the home. Recent updates include fresh interior paint, new Floorte PRO waterproof, stain resistant flooring, new carpet, a completely remodeled upstairs bathroom, and an updated primary bath featuring dual vanities, LED anti-fog temperature mirrors, and a new shower. The HVAC system is less than five years old, and the water heater is approximately three years old. The kitchen features Thomasville cabinetry, granite countertops, stainless steel appliances, stone backsplash, beverage wine cooler, deep sink with water filtration, abundant storage, breakfast nook, and additional ledge seating. Custom closets throughout the home, including a primary walk-in closet with valet, tie, and belt bars. Upstairs offers a versatile loft and dedicated home theater, which can easily convert back to a fourth bedroom. The theater includes the screen, acoustic treatments, dimmer lighting, custom Ferrari-red speakers, and leather reclining theater chairs. Outside, enjoy your own private backyard retreat with a pool, covered patio area, and 10-foot privacy fence. A long driveway leads to the 2-car garage with new storage racks. Located in Allen ISD, the home is near Joe Farmer Recreation Center, Kroger, restaurants, shopping, and US 75. Exceptional Park views. Poolside living. Thoughtful updates. Flexible spaces. This is more than a house, it's a home designed to be enjoyed.

1119 Shadow Lakes Blvd, Allen

$415,000

5 Beds ⋅ 4 Baths ⋅ 21353524 MLS

INVESTORS WELCOME!!! Located in the highly sought-after ALLEN ISD, this spacious 3,024-square-foot home offers 5 bedrooms, 3.5 bathrooms and plenty of potential for the right buyer. Situated on a generous 0.28-acre lot, the property features a spacious backyard overlooking Mustang Creek, offering a great setting with room to make it your own. With its desirable location, generous square footage and functional layout, this property is an investor's dream and a great opportunity for renovation or customization. Conveniently located near shopping, dining, schools and major roadways. With a little vision and TLC, this home has tons of potential. DON'T MISS THIS OPPORTUNITY!

507 Bullingham Ln, Allen

$459,900

3 Beds ⋅ 3 Baths ⋅ 21278002 MLS

THIS IS THE ONE. Welcome to this beautifully updated pool home in the highly sought-after Shadow Lakes community of Allen. Situated on a spacious corner lot, with 2 separate yards, 1214 Cameron Lane offers 3 bedrooms, 2.5 bathrooms, and approximately 2,297 square feet of thoughtfully designed living space with an open-concept layout ideal for both entertaining and everyday living. The home features extensive updates throughout, including hardwood floors, fresh carpet, designer lighting, granite countertops, stainless steel appliances (Range, Dishwasher, 2 water heaters and Dryer purchased 2025), updated cabinetry, and a stylish subway tile backsplash. The bright and inviting living area showcases a gas fireplace and abundant natural light overlooking the backyard oasis. Upstairs, the oversized primary suite offers a beautifully renovated bath with dual vanities, granite counters, framed mirrors, a garden tub, seamless glass shower, and a large walk-in closet. Secondary bedrooms are generously sized, and the expansive game room with wet bar provides flexible space for media, work, or play. Step outside to enjoy your private backyard retreat featuring a crystal blue pool (pump and filter replaced 2026) and spa, open patio, mature landscaping, sprinkler system, and multiple spaces for relaxing or entertaining. Additional highlights include a 2-car rear-entry garage, energy-efficient upgrades, and access to nearby parks, walking trails, and top-rated Allen ISD schools. Conveniently located near shopping, dining, and major commuter routes, this exceptional property combines comfort, style, and location in one of Allen’s most established neighborhoods. Listing Agent is related to the seller.

1214 Cameron Ln, 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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