Allen Homes under $500,000

Allen Homes under $500,000

Welcome to Allen, Texas—a vibrant city nestled in the heart of Collin County, just a stone's throw from the bustling metropolis of Dallas. Known for its family-friendly atmosphere, excellent schools, and a strong sense of community, Allen offers a perfect blend of suburban charm and urban convenience. With its picturesque parks, diverse dining options, and a plethora of shopping experiences, residents enjoy a lifestyle that is both active and relaxed.

For those considering a move to this delightful city, you'll be pleased to discover a variety of homes available for under $500,000. Whether you're a first-time homebuyer, looking to downsize, or seeking a cozy family residence, Allen has something to offer for everyone. From charming single-family homes with spacious yards to modern townhouses with contemporary finishes, the options are as diverse as the community itself.

Imagine living just minutes away from the renowned Allen Premium Outlets, where you can indulge in retail therapy, or enjoying a sunny afternoon at one of the city's beautifully maintained parks. The Allen Event Center frequently hosts concerts, sports events, and community gatherings, making it a hub of local activity.

With a strong real estate market and homes that cater to a range of budgets, Allen stands out as an ideal location for those seeking a welcoming community without breaking the bank. Explore the possibilities and discover your dream home in this dynamic city where comfort and convenience come together seamlessly. Welcome to Allen, where your next chapter awaits!

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

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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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