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Owner Contacts

$565,000

916 Crater Lake Ct, Allen, TX, 75002

Off Market

4 Beds

4 Bath

3,318 Sq Ft

Single Family Residence

$170.28 / sqft

Built in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal

FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2001

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-4595-00D-0290-1

Lot Number29

SubdivisionWoodland Park Addition Phase 1 (Cal)

Land UseResidential

Legal DescriptionWOODLAND PARK ADDITION PHASE 1 (CAL), BLK D, LOT 29

Census Tract031414

Assessed Land Value$148,000

Assessed Improvement Value$417,000

Assessment Year2025

About this property

~Let the Good Times Roll~ Prepare to fall head over heels for this fabulous 4-BR, 3.5-Ba home w Study, Game Rm & Formals, nestled in Allen's coveted Woodland Park - right next to Celebration Park! Delightful drive-up on a quiet CDS to fresh sod, soaring Cypresses, winding walk-up to lovely landscaping, coach-lit entry w sidelites and transom! Greetings to grand winding staircase (perfect for family photo ops!), rich Hdwds & soaring 2-story foyer welcoming you home in style! New carpet, 2-story Living w clerestories, gas log f-place w TV above, updated fixtures, Brkfst Bar, Kitch Island, Corian tops, tiled b-splash, 42” cbnts w pulls & gas c-top! Primary Ste boasts bay window, ensuite bath w dual vanities, jetted tub, stand-up shower & MORE! Private patio w good-size yard, new sod, BOB fence, side yard & shed! Start planning the party today bc you’ll enjoy VIP seating to Allen’s legendary 4th of July fireworks at CELEBRATION PARK - 100 acres of FUN w events year-round! It’s party time!!

Investor Tools

$565,000

Estimated Property Value

$452,000Estimated Mortgage Balance

$124,371Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,390 /month

Positive

Cash Flow Estimate:

$1,130 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$853/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,415

$565,000

2025

$148,000

$417,000

$565,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,415

$565,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Park Lending Services Inc

Conventional

$452,000

First

Dec 5, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$440,629

$124,371

22%

78%

$2,710/mo

Learn About the Market: Opportunity in Texas

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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.

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