511 East John W Carpenter Freeway

Local assessors in Irving, TX have categorized 511 East John W Carpenter Freeway as a commercial type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 75,925 square feet. This is a 7 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 511 East John W Carpenter Freeway is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 548 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jun 23, 2017 for $18,212,500. That's $53.14 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 1993 for $257,700. 511 East John W Carpenter Freeway was last assessed in 2023. The total value of the property was assessed at $22,500,000. Specifically, the land the property is located on was valued at $1,518,500. While improvements on the property were assessed at a total of $20,981,500. 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 $497,823. The initial tax year of delinquency was in 2011. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.