The valet stand outside Steak 48 on Stacy Road is the first signal that this place operates differently than most restaurants in Allen. It’s not performative — the lot genuinely fills up on weekends, and they want you moving. If you’ve never been, picture a grown-up steakhouse: dark wood, low light, a bar that takes itself seriously, and a menu that doesn’t apologize for charging what good beef actually costs.
Steak 48 is part of the Mastro’s family of concepts, and the Allen location opened inside Watters Creek’s expanded retail corridor. It draws from both the Plano and Dallas dining crowds, which means weeknights here are quieter than you’d expect and genuinely worth targeting if you want a table without a 45-minute wait.
Start with the shrimp cocktail — four large Gulf shrimp, cold, with a sharp horseradish cocktail sauce. It sounds simple because it is, and that’s the point. If you’re eating with someone who can be persuaded, split the lobster bisque. It’s rich enough to slow you down before the main event, which is what it’s supposed to do.
For the steak itself, the bone-in ribeye is the right call for most people. It runs around 20 ounces, comes out at exactly the temperature you asked for (they take this seriously), and has that dry-aged crust that makes you stop talking mid-sentence. Pricing lands in the $65–$80 range for most cuts, with wagyu options pushing higher. The 48 oz. tomahawk is there if you’re celebrating something, though at that size you’re sharing whether you planned to or not.
Sides are à la carte and generous. The truffle fries are a crowd reflex, but the creamed corn is quietly the more interesting dish — sweet, a little smoky, almost dessert-adjacent in a way that works. The lobster mac and cheese is exactly as indulgent as the name suggests; order it if someone else at the table is splitting it with you.
The bar program is legitimate. The Old Fashioned uses a single large ice cube and a good rye, and the wine list skews toward California cabs that hold up to the food. If you’re not drinking, the mocktail options are more thoughtful than you’d find at comparable spots — not an afterthought.
Service leans formal without being stiff. Servers know the menu and don’t oversell it. They’ll tell you honestly if a cut isn’t showing well that night, which you don’t hear often enough at this price point.
Expect to spend $100–$150 per person with drinks and a couple of sides. It’s not an everyday place, and it doesn’t pretend to be. But if you’re marking a promotion, an anniversary, or just a Friday where the week was long enough to justify it, Steak 48 delivers without the drive to Uptown Dallas. Reservations through OpenTable are worth making at least a few days out for weekends; Tuesday through Thursday, same-day slots often open up by afternoon.
Valet is complimentary with dinner validation. Self-parking in the Watters Creek garage is an easy alternative if you’d rather skip the wait at the stand.