1401 Commerce Street

1401 Commerce Street in Dallas, TX was first built in 1923 and is 101 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a commercial property type. There are a total of 28 floors. The basement is 24,980 sqft and has been categorized as a full basement. In total, the area measurement of the land is 18,818 square feet.

Learn more about the property and building on this page. The building type has been coded as 1. The code stands for buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $633,451 in taxes per year. The property on 1401 Commerce Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $27,750,000. To break that down further, the land itself was valued at $1,787,710. While improvements to the property were assessed at a total of $25,962,290. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.