Located in Collin County, Texas, Allen is only a few miles from the Dallas-Fort Worth Metroplex. Allen is a small city in both population and geographic area, with a population estimated at 93,500 living in an area of slightly more than 27 square miles.
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Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Nu Home Source Realty, LLC are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage. Realtor.com reports the number of Allen Texas homes for sale averages approximately 750 at any given time. The median listing price of a home in Allen is $477,000. While Allen is recognized by many in the North Texas real estate market as an affluent community, it has its share of lesser-priced, more affordable homes and condos. For example, a recent search turned up a 2-bedroom, 2-bath 1,550 square foot condo on the market for $219,000.
It was an important complement to what was previously a cattle-based economy. Allen was incorporated in 1953 and has experienced consistent growth, due in part to the completion of U.S. Route 75, a key north-south highway that, at the time, provided easy access all the way from Galveston, Texas in the Gulf of Mexico to Canada.
Prospective purchasers scouring the market for Allen Texas homes for sale will find an attractive list of offerings from stately two-story Texas limestone homes with well-manicured lawns to sprawling Mediterranean-style designs featuring high ceilings and generous use of natural light. If you like swimming pools, you’ll want to check out an impressive array of homes with pools – quite a refreshing addition to a hot summer day in Texas.
Single-family residences in Allen continue to enjoy healthy gains in value as a result of the popular demand for housing in this and other communities in the Dallas-Fort Worth Metroplex. Based on recent industry estimates, home prices over the last year have increased in the 8-10% range and real estate economists say home values likely will continue to rise at a more moderate 5-6% rate in the next year or so.
Prices
Typical 3- and 4-bedroom homes ranging in size from 2,595 square feet to 3,300 square feet are listed from $275,000 - $475,000. Of course, larger homes with 5 bedrooms and more than 4,000 square feet can run anywhere from $575,000 - $700,000 or more.
New Constructions
New home construction in Allen mirrors that of other nearby North Texas markets. New home starts are plentiful and the offerings from a number of regional and national homebuilders are impressive. A typical newly constructed home in Allen ranges in price from $350,000 - $500,000 or more, depending on the size and location.
Many of the new-home neighborhood developments offer several attractive, spacious floorplans from which to choose. In addition, the exteriors feature popular architectural styles, from timber-frame style homes to unique stone and brick combinations. A number of the new Allen Texas homes for sale include energy-efficient components from well-insulated windows and doors to a variety of “smart-home technology,” designed to make your life easier – and your heating and cooling bills lower.
Schools
Recognized by many as a wonderful place to raise a family, Allen is fortunate to have 22 public school campuses that are highly rated by the Texas Education Agency system. And when it comes to shopping, dining and entertainment, Allen offers a variety of restaurants and retail stores set against a backdrop of well landscaped parks nearby as well as other amenities.
Summary
These and other factors reinforce what hundreds of Allen homeowners have known for some time – buying a home in Allen is both a good decision for your family’s comfort as well as being a sound investment.
We invite you to allow us the opportunity to be of service to you in your home search. Our professional real estate staff knows the neighborhoods of Allen that will best match what you’re looking for in a home – either new or existing. Call us today and let’s get started. We share a mutually exciting goal, to find you and your family that “just-right” home you desire. Or, if you already live in Allen and are considering selling your home, we would love to be your advocate in helping you sell your current residence. Give us a call and we'll be happy to do a (CMA) comparative market analysis for you.
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