1505 West McDermott Drive

1505 West McDermott Drive has been categorized by the local assessors in Allen, TX as a commercial type of property. The building on the property was first built in 1998 and is 26 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1505 West McDermott Drive has 17,139 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 81,902 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Dec 20, 1999 for $2,156,300. That's $125.81 per sqft. 1505 West McDermott Drive was last assessed in 2023. The total value of the property was assessed at $4,009,623. Specifically, the land the property is located on was valued at $1,310,424. While improvements on the property were assessed at a total of $2,699,199. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $71,863. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!