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 away from the bustling metropolis of Dallas. Known for its family-friendly atmosphere, excellent schools, and a plethora of recreational activities, Allen is a fantastic place to call home. With its rich blend of suburban charm and urban convenience, residents enjoy easy access to shopping, dining, and entertainment options, making it an ideal location for families, young professionals, and retirees alike.

One of the standout features of Allen is its impressive range of homes available for under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of properties that cater to your lifestyle. From charming single-family homes with spacious yards to modern townhouses with contemporary finishes, the options are diverse and appealing. The real estate market here is thriving, offering great value for those looking to invest in a community that is both welcoming and dynamic.

Allen is also home to numerous parks, trails, and recreational facilities, ensuring that outdoor enthusiasts have plenty of opportunities to explore. The city hosts a variety of events throughout the year, fostering a strong sense of community and making it easy to connect with neighbors.

If you’re searching for a home in a city that combines affordability with quality living, Allen, TX, is the perfect destination. Discover your dream home today and experience all that this charming city has to offer!

Newest Allen Homes under $500,000

1824 Harlequin Pl, 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

838 Heritage Pkwy S, 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

708 Willow Oak Dr, 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

805 Green Brook 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

Start Your Search

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.

Last updated: