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B+
NoAgentList RatingHow are grades calculated? Info

$483,410

502 Crater Lake Dr, League City, TX, 77573

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.5 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,211 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7591-0005-0001-000
Lot Number1
SubdivisionWestwood Sub Sec 5 (2020) Abst 9 & 614
Land UseResidential
Legal DescriptionLOT 1 BLK 5 WESTWOOD SUB SEC 5 (2020) ABST 9 & 614
Census Tract720504
Assessed Land Value$98,370
Assessed Improvement Value$385,040
Assessment Year2025

About this property

Elegant 4 bed, 3.5 bath home in League City's desirable Westwood subdivision. This corner lot property boasts an open floor plan with a primary bedroom downstairs and additional rooms upstairs. Enjoy multiple bathrooms, an upstairs entertainment area, a study, and a personal theater room. Walking distance to the recreational center and pool, this home at 502 Crater Lake is a gem waiting to be discovered. Schedule your showing today!

Investor Tools

Property Icon
$483,410
Estimated Property Value
$295,200Estimated Mortgage Balance
$196,086Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,900 /month
Positive
Cash Flow Estimate:
$967 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$897/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,344
$483,410
2025
$98,370
$385,040
$483,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,344
$483,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$295,200
No
First
Nov 7, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,324
$196,086
40%
59%
$1,770/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: League City

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502 Crater Lake Dr | Property Details | No Agent List