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$365,000 Just Listed
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Property Description
Nestled in Allen's quiet and established Fountain Park neighborhood, this charming one-story home has been meticulously maintained and offers a spacious, inviting floor plan filled with character. Situated on a large, beautifully landscaped lot with front and backyard irrigation, this home offers generous room sizes and luxury vinyl plank flooring throughout the main living areas. The beautifully remodeled kitchen, completed in 2023, is a standout with quartz countertops, custom cabinetry with LED lighting, tile backsplash, new flooring, updated sink and stainless steel appliances including double ovens. The open layout is ideal for both everyday living and entertaining. Spacious bedrooms provide comfortable retreats, while the primary bath features an updated vanity. Additional improvements include a new American Standard HVAC system and energy-efficient sliding glass patio door in 2022, plus replacement of the original cast iron drain lines with modern plumbing in 2020. Step outside to enjoy the spacious backyard and patio, perfect for relaxing or entertaining. Conveniently located within walking distance of Allen ISD schools and near shopping, dining and everyday conveniences. Schedule a private showing today and don't miss this wonderful Fountain Park home!
Full Property Details
Full Property Details for 507 Lake Ridge Dr
General
- Price: $365,000
- Taxes: $6,419
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21348247
- Updated: 8/28/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Other, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Living Room, Wood Burning
- Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room, Other
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Multi, Driveway, Garage, Private, Garage Faces Rear, Secured, Storage
Location
- County: Collin
- Subdivision: Fountain Park First Sec
- Driving Directions: Use GPS or From 75 Central Expressway, go east on McDermott. Turn left on Greenville, then right on Rivercrest. Turn left on Lake Ridge - home is on the left.
School Information
- Elem School District: Allen ISD
- Midd School District: Allen ISD
- High School District: Allen ISD
- Elementary School: Reed
- Middle School: Curtis
- High School: Allen
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Fireplace(s), Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Underground Utilities, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Studio, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,835 Sq. Ft.
- Year Built: 1973
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Features: Back Yard, Interior Lot, Lawn, Landscaped, Level, Subdivision, Sprinkler System
- Trees/Vegetation: Cleared, Grassed, Partially Wooded
- Fencing (Description): Back Yard, Privacy, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,419
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: FOUNTAIN PARK FIRST SECTION (CAL), BLK 1, LOT
- Exclusions: None.
- Property ID: R111900100401
- Block: 1
- Lot Number: 4
Listed by Redfin Corporation, Peter Von Illyes
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Schools
Schools serving 507 Lake Ridge Dr
School District:Allen Independent School District
| Name | Grades | Distance |
|---|---|---|
Gene M Reed Elementary School 1200 Rivercrest Boulevard, Allen, TX 75002 | K-6 | 0.6 mi |
Walter & Lois Curtis Middle School 1530 Rivercrest Boulevard, Allen, TX 75002 | 7-8 | 1.4 mi |
Allen High School 300 Rivercrest Boulevard, Allen, TX 75002 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Lake Ridge Dr
Date
Details
Price
Change
Source
8/28/2026
Listed
$365,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 Lake Ridge Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,539
12%
$367,989
-7%
2023
$4,056
-16%
$397,478
5%
2022
$4,843
—
$376,792
17%
2022
$4,843
-1%
$322,047
30%
2021
$4,884
4%
$247,442
6%
2020
$4,700
-4%
$234,092
5%
2019
$4,907
5%
$222,653
10%
2018
$4,676
8%
$202,412
10%
2017
$4,328
8%
$184,011
10%
2016
$4,014
8%
$167,283
10%
2015
$3,721
8%
$152,075
10%
2014
$3,452
8%
$138,250
10%
2013
$3,194
—
$125,682
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Lake Ridge Dr
507 Lake Ridge Drive, Allen, TX 75002 (MLS# 21348247) is a Single Family property with 3 bedrooms and 2 full bathrooms. 507 Lake Ridge Drive is currently listed for $365,000 and was received on August 28, 2026. Want to learn more about 507 Lake Ridge Drive? Do you have questions about finding other Single Family real estate for sale in Allen? You can browse all Allen real estate or contact a Coldwell Banker agent to request more information.

