Allen Homes under $500,000

Welcome to Allen, Texas – a vibrant and family-friendly city nestled in the heart of Collin County! Known for its exceptional quality of life, Allen boasts a perfect blend of suburban charm and urban amenities. With its rich history, thriving economy, and a strong sense of community, it's no wonder that Allen is a sought-after destination for homebuyers.

As you explore the housing market in Allen, you’ll be delighted to discover a variety of homes available for under $500,000. This price range offers an incredible opportunity for first-time buyers, growing families, or anyone looking to invest in a flourishing area. From charming single-family homes with spacious backyards to modern townhouses featuring open floor plans, there’s something to fit every lifestyle and budget.

Allen is renowned for its top-notch schools, making it an ideal place for families looking to provide their children with a quality education. The city also boasts an array of parks, recreational facilities, and community events that foster a close-knit atmosphere. Whether you’re enjoying a sunny day at Celebration Park or exploring the vibrant shopping and dining options at The Village at Allen, there’s always something to do.

With its strategic location just a short drive from Dallas, Allen offers easy access to a plethora of cultural and entertainment options while maintaining its serene suburban feel. If you’re looking for a place where community spirit thrives and homes are within reach, Allen is the perfect destination to call home. Explore the possibilities today!

Newest Allen Homes under $500,000

$499,900

4 Beds ⋅ 2 Baths ⋅ 21408045 MLS

Built by Paul Taylor, the quality and construction of this single story home is evident throughout. With a living and dining area separated at the front of the house, the layout offers options for hosting card games, dinner parties or enjoying quiet nights at home. The kitchen opens to the family room with windows that overlook the cocktail pool in the backyard. Primary bedroom is on one side of the family room with the secondary bedrooms and bathroom on the other.

742 Yellowstone Dr, Allen

$309,900

3 Beds ⋅ 2 Baths ⋅ 21408667 MLS

FREE 2-1 Rate Buydown or ZERO DOWN program available with preferred lender! Completely updated 3-bedroom, 2-bath home on an HUGE corner lot directly across from a neighborhood playground and is zoned to the highly acclaimed Allen ISD, offering the perfect blend of style, comfort, and convenience. A contemporary renovation inside & out has brought this solid built charming home into the 21st century with a bright & flowing open floor plan that makes the house feel a lot bigger than the actual square footage! Completely remodeled from top to bottom, this move-in ready home features fresh interior and exterior paint, new flooring throughout, a stunning remodeled kitchen with updated cabinetry, countertops, and brand-new stainless steel appliances, plus two fully renovated bathrooms showcasing stylish, contemporary finishes. Major behind-the-scenes improvements include all new plumbing beneath the home, providing valuable peace of mind. A new privacy fence completes the extensive list of upgrades, making this home as functional as it is beautiful. The expansive corner lot provides exceptional curb appeal and plenty of space for entertaining, gardening, pets, or creating your dream backyard. Enjoy the convenience of having a neighborhood playground just across the street, while being only minutes from premier shopping, dining, parks, recreation, and major highways for an easy commute. Whether you're a first-time homebuyer, growing family, investor, or someone looking for a turnkey home in one of Allen's most desirable communities, this property offers incredible value in an exceptional location. With quality renovations throughout, a premium corner lot, top-rated Allen ISD schools, and easy access to everything Allen has to offer, 542 Hanover Dr. is truly move-in ready and waiting for its next owner. Schedule your showing today!

542 Hanover Dr, Allen

$372,000

3 Beds ⋅ 3 Baths ⋅ 21408619 MLS

This beautiful townhome opportunity in one of Allen's most convenient and well connected areas. Located within minute of HWY 75 and 121, this home provides easy access to major employment centers, top- rated schools, and wide range of retail and dining. Situated in the sought-after Montgomery Ridge area, residents enjoy close proximity to Watters creek village shopping center, Allen Premium Outlets, The Village at Allen, Topgolf, Allen Event Center, and numerous parks and walking trails, Daily errands, shopping, and living spaces, and an efficient flow designed for low-maintenance living. One standout feature with rare opportunity to own a home directly across from a scenic greenbelt, providing unobstructed views, added privacy, and a true connection to nature. Which really enhance the natural beauty of surrounding. It is ideal for pets. 1837 Valencia Dr is an exceptional option in a highly desirable location. It has beautiful pool area in summer to cool down.

1837 Valencia Dr, Allen

$474,990

4 Beds ⋅ 3 Baths ⋅ 21404973 MLS

This two-story home in Bethany Ridge Estates offers 4 bedrooms, 2.5 bathrooms, and approximately 2,609 square feet. Recent updates include a new roof and water heater in 2025, fresh interior paint and new carpet in 2026, and a remodeled primary bathroom in 2026. The first-floor HVAC was replaced in 2020, and the second-floor HVAC in 2017. The home features high ceilings, large windows, and a spacious living room with a brick fireplace. The kitchen offers granite countertops, a center island, stainless steel appliances, and freshly painted cabinets. Formal dining and additional living spaces provide room for family gatherings and everyday use. The primary suite features a remodeled bathroom with quartz countertop, while the upstairs bedrooms and game room offer flexible space for family, guests, or a home office. The home sits on a generously sized lot in an established neighborhood, with convenient access to shopping, dining, parks, and schools in Allen.

1422 Suzanne Dr, Allen

$499,000

4 Beds ⋅ 3 Baths ⋅ 21407360 MLS

Rare 4 bedroom 2.5 bath home in the Summerfield neighborhood in Allen for under $500K. Sitting on a quiet cul-de-sac less than a block away from the park and pool. This home is a great place to entertain with an open floor plan and a spacious kitchen. Several built-in features including multiple desk spaces perfect for homework or as an extra space to work from home. Split bedroom plan with spacious primary including a large frameless glass shower and walk in closet in primary bath. Plus the extra wide hallways makes it handicap accessible, if needed. Home is also available to rent. It's more than just the outstanding schools, come see what makes Allen one of the best places to live in DFW!!!

1601 Long Prairie Ct, Allen

$450,000

4 Beds ⋅ 2 Baths ⋅ 21403214 MLS

Mature trees frame this beautiful 4-bedroom, 2-bath home in Allen, where an open floor plan makes both everyday living and entertaining easy. The spacious family room centers on a cozy fireplace, and the bright, modern kitchen keeps the whole home feeling light and airy. Recent 2026 upgrades include a new roof, water heater and a primary bathroom refresh, including a frameless glass shower, new flooring, a new light fixture, painted cabinets, and new hardware. Outside, a covered patio is ready for morning coffee or shaded afternoons, and the attached 2-car garage adds plenty of parking and storage. Move-in ready and thoughtfully updated, this great home is ready for its new owner.

741 Lauren Way, Allen

$415,000

3 Beds ⋅ 2 Baths ⋅ 21397826 MLS

Charming single-story home in Allen, TX can now be yours! Low maintenance and move-in ready, this home is ideally located near the Allen-Plano border, offering comfort, convenience, and easy access to 75, 121, and the Dallas North Tollway. Originally built as the community’s model home, this home offers several features above and beyond what you'd normally expect. Recent updates include fresh paint and brand-new carpet in 2026, garage door opener 2024, roof and gutters 2023, and hot water heater 2019. Fresh landscaping provides tremendous curb appeal, with attractive stone landscape beds and Zoysia grass in the front yard. Home feeds into award winning Plano ISD with Beverly Elementary within walking distance. Inside, you’ll find 3 large bedrooms, a dedicated home office, multiple spacious living areas, open kitchen with built in desk area, large primary suite with two closets, plantation shutters, built-in speakers, decorative lighting, and so much more. Extra insulation has been added in the attic spaces to help improve energy efficiency and keep utility costs down, while an ADT security system provides additional peace of mind. There’s even a hidden storage room providing valuable extra space if needed. The garage includes a 220-volt hookup and custom lighting to help with weekend projects. Downspouts on east side of home connect to underground piping, directing water out to the alley to improve drainage. Out back, enjoy a low-maintenance yard with abundant shade and a large patio area, offering a comfortable outdoor space without the need for continuous upkeep. Located in a convenient part of Allen near the Plano border, this home provides easy access to shopping, dining, entertainment, major roadways, and everything the surrounding area has to offer. Clean, cute, freshly updated, meticulously maintained, and truly move-in ready, this is an excellent opportunity to own a single-story home in a highly convenient location. Come visit today!

2043 Nottingham Pl, Allen

$310,000

3 Beds ⋅ 3 Baths ⋅ 21405961 MLS

Discover a fantastic opportunity in Allen with this freshly painted, completely remodeled two-story townhome-style condo located right across from the community pool! Step inside to a bright, open layout featuring rich hardwood floors and no carpet throughout. The chef-friendly kitchen boasts sleek granite countertops and a gas range, opening seamlessly into a spacious living area centered around a cozy fireplace. A convenient powder room and extra storage complete the main level. Upstairs, the tranquil primary suite features a fully remodeled en-suite bathroom with a dual-sink vanity. Two additional bedrooms share a full bath, while a versatile bonus loft provides the ideal space for a home office or reading nook. The laundry room is also conveniently located on this level. Enjoy low-maintenance living with HOA coverage for essential elements like the roof, lawn care, and exterior maintenance. Unbeatable location: right across from the pool, steps from a dog park, and minutes from local dining, Allen Premium Outlets, and Allen Station Park. This community is currently at capacity for rentals.

706 S Jupiter Rd Unit 307, Allen

$450,000

3 Beds ⋅ 3 Baths ⋅ 21405012 MLS

Great Price & Exceptional Value! Beautifully updated two-story home in a prime location within highly sought-after Allen ISD, offering the perfect combination of space, comfort, convenience, and value. This spacious 3-bedroom, 2.5-bath home features a desirable and versatile floor plan designed for both everyday living and entertaining. The primary suite is conveniently located on the first floor, providing privacy and easy accessibility, while two additional bedrooms and a large game room upstairs offer plenty of space for family, guests, a home office, media room, or recreational use. Recent updates make this home truly move-in ready, including interior and exterior paint, updated exterior siding and fresh carpet. The bright and inviting island kitchen features ample workspace, generous storage, and a functional layout that makes preparing meals and entertaining family and friends a pleasure. Outside, the large lot provides plenty of room for outdoor living, play, pets, gardening, and gatherings. Enjoy the convenience of Bethany Lakes Park where you can take advantage of scenic walking trails, playgrounds, and a variety of recreational amenities. Situated in sought-after Allen ISD, this home is close to parks, schools, shopping, dining, and everyday conveniences. And with no HOA, you'll enjoy added freedom and flexibility without the additional restrictions or fees. With its updated interior, spacious and flexible floor plan, first-floor primary suite, large upstairs game room, oversized lot, no HOA, excellent Allen ISD location, and attractive price, this home offers an outstanding opportunity for buyers looking for a beautiful home with exceptional value. Priced to sell and offering a great value for the area, this is a home you won't want to miss! Come see everything this wonderful property has to offer and make it yours today. Seller does not have a survey, the Buyer will need to buy a new one should the lender require. #realtytown3

1101 Easton Ln, Allen

$345,000

3 Beds ⋅ 2 Baths ⋅ 21397132 MLS

Multiple offers, highest and best by Sunday, Oct 11, 5 pm. Charming and meticulously maintained single story home nestled in a mature, established neighborhood. Step inside to a spacious living room that instantly feels like home featuring a fireplace with hearth and mantle, custom shelves and cabinets, and floor to ceiling windows that flood the space with natural light. The thoughtful kitchen offers Silestone countertops, stainless steel appliances, double ovens, and dual sinks. A light and bright den with skylights provides a second living space for relaxing, hobbies or gathering with friends and family. Host memorable occasions in the formal dining room or enjoy casual meals in the sunlit breakfast nook with a vaulted ceiling and beam. The primary suite offers two closets and an ensuite bath featuring a separate shower, dual sinks, and a sunken soaking tub. Secondary bedrooms are generously sized and include ceiling fans, with one bedroom offering a walk-in closet. Ample storage throughout, including floored attic space, hall closets and an oversized garage. North facing large patio is ideal for morning coffee or an evening read. Major system updates offer peace of mind include electrical panel in 2026, roof, HVAC system, and fence in 2025, along with double ovens, microwave, and cooktop in 2021. Enjoy an easy stroll to Reed Elementary and Mustang Creek Trail perfect for walking and biking. Convenient access to Highway 75 and premier shopping, dining, and entertainment at The Village of Allen and Watters Creek.

907 Rush Creek Dr, Allen

$410,000

4 Beds ⋅ 2 Baths ⋅ 21404921 MLS

The preferred lender is contributing an additional 1% toward buying down the buyer's interest RATE. Qualified buyers may receive a starting interest RATE as low as 4.99%.Great location in Allen! Meticulously maintained 4-bedroom, 2-bathroom home situated on a desirable cul-de-sac lot in the prestigious Lost Creek Ranch community. Offering 2,017 square feet of move-in-ready living space within highly acclaimed Allen ISD, this exceptional home features fresh interior paint, a new roof (2022), updated HVAC system (2022), an epoxy-coated garage floor, granite countertops, and a beautifully remodeled primary bathroom. Enjoy the convenience of no carpet throughout, a chef's dream pantry, and unique double doors leading from the kitchen to the front of the home. The immaculate exterior reflects the pride of ownership found throughout the property. Residents enjoy outstanding community amenities, including a private neighborhood park, playground, walking trails, and a refreshing community pool. Conveniently located near Highway 75, Highway 121, shopping, dining, and entertainment, this home offers the perfect blend of comfort, style, and convenience. Don't miss this rare opportunity to own a beautifully updated home in one of Allen's most sought-after neighborhoods.

1412 Sleepy Hollow Dr, Allen

$460,000

4 Beds ⋅ 3 Baths ⋅ 21380332 MLS

Beautiful single-story home in Allen’s established Fountain Park neighborhood, situated on a large .25-acre corner lot with mature trees and abundant shade. This spacious 4-bedroom, 2-bath home offers soaring ceilings, two generous living areas, two dining areas, a gas fireplace, and a sunroom. All four bedrooms are generously sized, including a spacious primary suite with three closets and abundant storage. Fresh interior paint gives the home a bright, updated feel, while the kitchen features freshly painted cabinetry, granite countertops, and stainless-steel appliances. Updated flooring extends throughout the entire home. Major improvements include upgraded energy-efficient windows and updated PVC plumbing. The full-brick exterior and board-on-board privacy fence with steel posts add to the home’s low-maintenance appeal. Outside, enjoy the spacious corner lot and shaded backyard, offering plenty of room to relax or entertain. With its flexible floor plan, extensive updates, and convenient Allen location just minutes from Allen High School, this home is move-in ready and offers the space, updates, and features today’s buyers value most

901 Willow Brook 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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