- Dallas County
- Dallas TX
- 75244
- Local Area: Glen Cove Park
Property Overview
PRIVATE SCHOOL CORRIDOR SHOWPLACE WITH A RARE DEAL STRUCTURE: the home is leased through April 2027, and at closing the buyer receives a credit for the FULL remaining rent due under the lease term, plus the deposit - locked-in income credited up front, with no rent collection to manage. An exceptional way to own in one of Dallas's most sought-after corridors.
The home itself is a stunning mid-century residence completely remodeled into a modern masterpiece. Expansive glass doors open to a light-filled foyer and an elegant main living space anchored by a show-stopping floor-to-ceiling tiled fireplace, with large windows framing the backyard pool.
The kitchen overlooks the backyard, keeping you connected to every gathering on the patio - this home was made for entertaining. The primary suite sits on its own private side of the home with a spacious walk-in closet ready to customize. Generously sized secondary bedrooms, a cozy family room with its own fireplace, and a second living area with expansive windows round out the plan, while the pool anchors a backyard built for relaxing and hosting.
A fully remodeled home, a blue-chip location minutes from Dallas's premier private schools, and income credited to you at closing - opportunities structured this favorably are rare. Showings are approved with an executed offer and proof of funds; contact the listing agent today for lease details and the full credit breakdown.
Featured spaces
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Property highlights
Year Built 1967
School District Dallas Isd
HOA $45 Annually
Pool Pool
Parking 2-car garage, 2 covered
Architecture Detached
Fireplace 2 Fireplaces
Neighborhood Glen Cove Park
Full Property Details
Property Details
Quick Details
- Price $1,499,999
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 3,269 Sq Ft
- Lot Size 0.3 acres
- Lot Size Sq Ft 12,981
- Year Built 1967
- Price / Sq Ft $459 / Sq Ft
- MLS # 21208621
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Glen Cove Park
- Days on Market 111
Home Details
- Full Baths 3
- Half Baths 0
- Foundation Slab
- Roof Composition, Shingle
- Flooring Carpet, Ceramic Tile, Hardwood
- Heating Central
- Cooling Central Air
Kitchen & Interior
- Appliances Some Gas Appliances, Dishwasher, Electric Oven, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan
- Interior Features Built In Features, Chandelier, Cathedral Ceilings, Decorative Designer Lighting Fixtures, Eat In Kitchen, Kitchen Island, Open Floorplan, Pantry, Paneling Wainscoting, Walk In Closets
- Fireplaces 2
- Fireplace Features Family Room, Living Room
Lot & Exterior
- Pool Features In Ground, Pool
Parking
- Parking Alley Access, Circular Driveway, Door Multi, Garage, Garage Door Opener, Garage Faces Rear
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $26,211
- HOA Fee $45 Annually
Utilities
- Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available
- Sewer Public Sewer
Schools
- Elementary Gooch — Dallas ISD
- Middle Marsh — Dallas ISD
- High White — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 04/13/2026
- Source Updated 07/25/2026
- Last Updated 08/19/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 4048 Allencrest Lane
Dallas Central Appraisal District records for 4048 Allencrest Lane, Dallas, TX 75244 show a CAD market value of $1,150,000 and a net appraised value of $1,150,000. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 4048 Allencrest Lane, Dallas, TX 75244, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $500,000 + Improvement Value $650,000 = CAD Market Value $1,150,000
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $650,000 Total Area: 3163 Sqft Living Area: 3163 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 552 Sqft |
| POOL | — | 1 pool |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $1,150,000 − All Current CAD Reductions $0 = Current Taxed Starting Point $1,150,000
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
DALLAS |
$920,000 | — | — | — | — |
|
School District
DALLAS ISD |
$895,000 (H) | — | — | — | — |
|
County
DALLAS COUNTY |
$920,000 | — | — | — | — |
|
College
DALLAS COLLEGE |
$920,000 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$920,000 | — | — | — | — |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2020 | $225,000 | $249,110 | $474,110 | — | +$30,670 / +6.92% |
| 2021 | $225,000 | $249,110 | $474,110 | — | — |
| 2022 | $225,000 | $414,390 | $639,390 | — | +$165,280 / +34.86% |
| 2023 | $500,000 | $642,200 | $1,142,200 | — | +$502,810 / +78.64% |
| 2024 | $500,000 | $699,430 | $1,199,430 | — | +$57,230 / +5.01% |
| 2025 | $500,000 | $650,000 | $1,150,000 | — | -$49,430 / -4.12% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $1,499,999 − Current CAD Market Value $1,150,000 = Over CAD Value +$349,999 (+30.4%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND GLEN COVE PARK
A curated look at local favorites, everyday stops, and lifestyle context near this property.