Allen Homes under $500,000

Welcome to Allen, Texas—a vibrant city nestled in the heart of Collin County! Known for its friendly community atmosphere and excellent quality of life, Allen offers a perfect blend of suburban comfort and urban convenience. With its strategic location just north of Dallas, residents enjoy easy access to the bustling city while relishing the charm of a close-knit community.

Allen is renowned for its outstanding schools, making it a fantastic choice for families. The city boasts a variety of parks, recreational facilities, and family-friendly events throughout the year, ensuring there’s always something to do. From the scenic trails of the Allen Station Park to the lively atmosphere of the Allen Event Center, you'll find endless opportunities to explore and connect with neighbors.

For those seeking a new home in this delightful city, you’ll be pleased to know that Allen offers a fantastic selection of properties under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly residence, you’ll discover a range of options that cater to diverse lifestyles. From charming single-family homes with spacious yards to modern townhouses featuring contemporary designs, Allen's real estate market is brimming with possibilities.

With its appealing neighborhoods, top-notch amenities, and strong sense of community, Allen is not just a place to live; it’s a place to thrive. Explore the homes available under $500,000 today and find your dream home in this captivating Texas city!

Newest Allen Homes under $500,000

$479,250

3 Beds ⋅ 3 Baths ⋅ 21402991 MLS

CB JENI HOMES LIBBY 2 floor plan. CORNER homesite! 3 bed, 2.5 bath, 1,971 sq ft luxury townhome with private entryway and open concept living—perfect for entertaining. Gourmet chef’s kitchen with huge island overlooks the family and dining areas—an entertainer’s dream! SMART home with energy-efficient features including a tankless water heater, gas heating, and a 16 SEER AC system with 10-year parts warranty. Abundant storage throughout. Owner’s suite offers a spa-like oversized shower and a huge walk-in closet. Upstairs loft-game room provides a versatile extra living space. Located in Twin Creeks Watters, in the heart of exemplary schools, dining, shopping, lakes, parks, and acclaimed golf courses nearby. READY NOVEMBER 2026.

1039 Splitrock Dr, Allen

$459,000

3 Beds ⋅ 2 Baths ⋅ 21402067 MLS

Welcome home to this inviting, single-story brick home with an eye-catching partial stone facade, nestled on a quiet street in Allen's highly desirable Morgan Crossing neighborhood. From the mature shade trees and stone-bordered landscaping in the front yard to the welcoming covered front porch, this property offers great character and thoughtful design. Step through the formal foyer entry into an open-concept living area highlighted by an expansive wall of windows. Featuring rich hardwood floors in the main living areas, decorative lighting, and a cozy gas fireplace, the main living space seamlessly connects to the dining area and kitchen. Well-suited for daily living, the kitchen offers granite countertops, a large breakfast bar, a walk-in pantry, and sleek stainless steel appliances. Designed with privacy in mind, the split-bedroom floor plan features cozy carpet in all the bedrooms and ensures a serene retreat for the primary suite, which boasts an en-suite bath complete with dual sinks, a deep garden tub, a separate shower, and a large walk-in closet. Outdoors, enjoy exceptional versatility with a fenced side yard and a large backyard featuring a covered rear patio accented with flagstone tile—the perfect spot for dining and relaxing. The roof was replaced in 2026 and the HVAC system and water heater were recently replaced. Beyond the home, residents of Morgan Crossing enjoy top-tier community amenities including a private lake and pond, open park areas, a playground, and winding jogging and bike paths. Conveniently located near Bethany Drive and Angel Parkway, you are just minutes away from Allen’s top-rated schools, premier dining, and vibrant shopping centers like Watters Creek and The Village at Allen, with quick access to US-75 for an easy commute.

1824 Harlequin Pl, Allen

$280,000

3 Beds ⋅ 2 Baths ⋅ 21401237 MLS

Thoughtfully updated and meticulously maintained, this charming 3-bedroom, 2-bath Allen homeon a corner lot is an excellent opportunity for both homeowners and investors. At the heart of the home is a welcoming living room with a brick fireplace, perfect for gatherings and relaxation. The open eat-in kitchen features built-in appliances, a breakfast bar, and generous prep space for everyday cooking or entertaining. The primary suite includes a full bath and walk-in closet, offering a private retreat. Two additional bedrooms and a secondary bath provide flexible space for family, guests, or a home office. Updates include energy-efficient windows, appliances (September 29, 2026), a roof replacement in (2019), HVAC replacement in (2025), updated siding, a kitchen disposal (2020), and a water heater (2021). Outdoors, the private backyard with a patio expands your living space and creates opportunities for outdoor dining, entertaining, or quiet evenings. The property also boasts an excellent location with quick access to Highway 75, shopping, dining, schools, and Ford Park East for recreation.

739 Leading Lane Cir, Allen

$449,500

3 Beds ⋅ 3 Baths ⋅ 21391478 MLS

Discover easy, low-maintenance living in this beautifully positioned zero-lot-line home in sought-after West Allen! Located on a desirable cul-de-sac in Ansley Meadows, this home enjoys one of the neighborhood's best settings, directly across from a park-like greenbelt area with the primary bedroom downstairs! With just over 2,000 sq. ft., this versatile floor plan features high ceilings and 8-foot doors downstairs. The spacious downstairs primary bedroom is complemented by an ensuite bath with dual sinks, a large walk-in shower, and a generous walk-in closet. The wonderful open kitchen is designed for both everyday living and entertaining, featuring granite countertops, a large island, gas range, built-in microwave, walk-in pantry, and an abundance of storage. Two flexible downstairs living areas allow you to customize the floor plan to fit your lifestyle—use one as a dining room and the other as a living space or create the arrangement that works best for you. Upstairs, you'll find two spacious bedrooms and a large gameroom, providing plenty of room for family, guests, work, or play. A private dog run adds to the home's convenience. Fabulous location just minutes from Hwy 75 and 121, with shopping, restaurants, and everyday amenities close by. A wonderful lock-and-leave lifestyle in an exceptional West Allen location!

624 Club Dr, Allen

$449,990

4 Beds ⋅ 3 Baths ⋅ 21400066 MLS

Located on a quiet street across from a greenbelt and walking and riding trail, this gorgeous two story home offers a wonderful layout with beautifully maintained front and back yards. Inside, abundant natural light fills the home creating a bright and inviting atmosphere throughout. The formal living and dining areas at the front of the home provide excellent spaces for entertaining family and friends. The kitchen is thoughtfully positioned for privacy while remaining open to the breakfast nook and family room, offering the perfect blend of function and connectivity. It offers stainless steel appliances, generous counter space, and tons of storage in the cabinets and large island as well as a gas range. Relax by the cozy fireplace in the spacious family room or enjoy the beautiful view through the wall of windows overlooking the back patio and backyard. One bedroom and ensuite bathroom downstairs allows for a guest retreat or can be used as an office. Upstairs, the private primary suite offers a generously sized bedroom and an expansive updated ensuite bath. The secondary bedrooms provide comfort and privacy for family members or guests. Easy-care engineered hardwoods and tile extend through the home downstairs, with carpet upstairs for comfort. Conveniently located within walking distance of several beautiful City of Allen parks with trails and playgrounds, this location is also close to shopping, dining and major thoroughfares. Zoned to highly rated Allen ISD and Vaughn Elementary, home of the GATE academy for gifted students. Don’t miss the chance to make it yours!

838 Heritage Pkwy S, Allen

$375,000

3 Beds ⋅ 3 Baths ⋅ 21399226 MLS

**Seller to pay $20,000 towards buyer rate buy down or closing costs.** FHA appraisal with $375,000 market value already completed and can be used by buyer. Beautiful townhome in Twin Creeks Allen! Close to shopping and restaurants. Wood floors adorn the entry, hall, dining, & family room. Gourmet kitchen with granite counters, knotty alder cabinets, tumbled marble backsplash, and stainless appliances. Primary Bedroom is perfect for king size furniture. Primary bath with furniture piece sink, separate shower, & jetted garden tub. Backyard is perfect for outdoor living & entertaining. Recently replaced HOA covered roof. Twin Creeks HOA has resort style amenities to enjoy such as pools, hike & bike paths, sport courts, ponds, creeks, and much more. This home is a MUST SEE!

319 Phoebe, Allen

$389,000

3 Beds ⋅ 3 Baths ⋅ 21397539 MLS

Seller is offering a lender-paid temporary interest rate buydown for qualified buyers. Qualified buyers may be eligible for Down Payment Assistance. Contact listing agent for details and eligibility. Welcome to a home brimming with possibility in one of Allen's most desirable neighborhoods. This light and bright 3-bedroom, 3-bathroom residence sits proudly on a coveted corner lot, offering 1,922 square feet of well-designed living space that's ready for your personal touch. Step inside to discover a large, open living area bathed in natural light, complemented by neutral tones throughout. The kitchen features beautiful granite countertops and serves as the heart of the home, perfect for everyday living and entertaining alike. With 2.1 baths and gas heating for those cooler Texas evenings, comfort comes standard here. The real magic lies in the untapped renovation potential. Whether you're a savvy investor eyeing strong rental income or a homeowner looking to build instant equity through strategic upgrades, this property delivers at an exceptional price point. Allen's thriving rental market makes this an especially compelling opportunity for those seeking passive income. Location elevates everything. Walk to Ford Park East or enjoy nearby Hillside Park for weekend recreation. Inspired Learning Academy sits just minutes away, while an abundance of shopping and dining options keeps daily life convenient. Easy access to US-75 Central and the Dallas North Tollway connects you effortlessly to the greater DFW metroplex, and scenic Lake Lavon awaits for weekend adventures. Don't let this opportunity pass you by. Schedule your private showing today and discover what's possible at 708 Willow Oak Drive. NOT FOR RENT, NO SELLER FINANCING.

708 Willow Oak Dr, Allen

$400,000

4 Beds ⋅ 3 Baths ⋅ 21395266 MLS

Great opportunity in desirable Fountain Park in Allen! This spacious home offers a flexible floor plan with plenty of room to make it your own. Downstairs features 3 bedrooms, 2 full baths, a comfortable living area, sunroom, and an oversized kitchen with tons of space for gathering. A built-in kitchen table coordinates with the large center island, creating a functional space for everyday meals and entertaining. Upstairs offers a fantastic bonus area with a large room, full bath, closet, and kitchenette-style space—ideal for extended family, a college student, home office, hobby room, or private guest retreat. Major updates include a roof approximately 5 years old and a water heater just 1 year old. With generous living space, a versatile layout, and a great Fountain Park location, this home offers so much potential for its next owner!

703 Spring Brook Dr, Allen

$470,500

3 Beds ⋅ 3 Baths ⋅ 21394971 MLS

CB JENI HOMES LIBBY 2 floor plan. CORNER homesite! 3 bed, 2.5 bath, 1,971 sq ft luxury townhome with private entryway and open concept living—perfect for entertaining. Gourmet chef’s kitchen with huge island overlooks the family and dining areas—an entertainer’s dream! SMART home with energy-efficient features including tankless water heater, gas heating, and 16 SEER AC system with 10-year parts warranty. Abundant storage throughout. Owner’s suite offers spa-like oversized shower and huge walk-in closet. Upstairs loft-game room provides versatile extra living space. Located in Twin Creeks Watters, in the heart of exemplary schools, dining, shopping, lakes, parks, and acclaimed golf courses nearby. READY NOVEMBER 2026.

1042 Stockton Dr, Allen

$390,500

2 Beds ⋅ 3 Baths ⋅ 21394954 MLS

CB JENI HOMES CONLEY floor plan. 2 bed, 2.5 bath, 1,586 sq ft luxury townhome. Open family room with soaring 20-ft ceilings and abundant natural light. Gourmet kitchen includes quartz countertops, site-finished cabinetry with hardware, stainless steel appliances, under-cabinet lighting, and walk-in pantry. Stunning owner’s suite with tray ceiling and TWO large walk-in closets. Ample storage throughout. Energy-efficient design helps lower utility costs. Located in Twin Creeks Watters, in the heart of exemplary schools, dining, shopping, lakes, parks, and acclaimed golf courses nearby. Ready NOW!

1028 Stockton Dr, Allen

$425,000

3 Beds ⋅ 2 Baths ⋅ 21386586 MLS

Welcome to 805 Green Brook Dr, where comfort, style, and convenience come together in this beautifully maintained and thoughtfully updated single-story home! The inviting open-concept layout is designed for easy everyday living and effortless entertaining, featuring engineered hardwood flooring, vaulted ceilings, and a cozy wood-burning fireplace with a convenient pass-through bar complete with a refrigerator and sink. The updated kitchen opens seamlessly to the main living areas and features granite countertops and updated appliances. Numerous major updates provide added peace of mind, including a newer roof (2022), HVAC system (2022), flooring (2022), and attic insulation (2023). Additional remodeling and updates throughout the home create a fresh, modern feel while maintaining its warmth and character. A standout feature is the spacious sunroom overlooking the private backyard and mature tree—a bright and peaceful retreat perfect for morning coffee, relaxing, or entertaining year-round. The primary suite and main living areas feature engineered hardwood flooring, while two secondary bedrooms offer newer carpet. The stylishly updated bathrooms showcase modern tile, quartzite countertops, and ceramic flooring. Conveniently located in the desirable Allen school zone with easy access to shopping, dining, major roads, and everyday amenities, this inviting home offers a wonderful combination of comfort, thoughtful updates, and functional living space. Come see all that 805 Green Brook Dr has to offer!

805 Green Brook Dr, Allen

$475,000

4 Beds ⋅ 3 Baths ⋅ 21393754 MLS

Welcome to 1326 Woodmoor Drive, a beautifully updated two-story home in Allen offering a functional layout with stylish finishes throughout. The first floor features durable tile flooring, while the second level is finished with comfortable carpeting. Fresh interior paint creates a bright, move-in-ready atmosphere, and newly installed countertops throughout the home add a clean, modern touch. The upgraded primary bathroom provides a refreshed and inviting retreat. Conveniently located near shopping, dining, parks, schools, and major highways, this home combines comfort, thoughtful updates, and everyday convenience in a desirable Allen neighborhood.

1326 Woodmoor 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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