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601 North 1st Street

601 North 1st Street, Garland, TX 75040
Commercial in Northeast Dallas
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601 North 1st Street in Garland, TX was first built in 1968 and is 56 years old. This has been categorized as a office property type. It is a single story home. In total, the area measurement of the land is 61,376 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a flat style roof made of tar and gravel. Water for the property is sourced from a municipal system. The property is connected to a sewer system. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. 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 and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 601 North 1st Street sold most recently in Jun 21, 2023 for a total of $1,979,838. If you work out the math, that's approximately a cost of $115.34 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,677 in taxes each year. 601 North 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $635,000. If we break it down further, the land itself was valued at $184,130. Improvements to the property, however, were assessed at a total of $450,870. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Assigned Parking Fenced Parking Open Parking Parking Lot Covered Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 61,376
  • Total Building Area: 17,165
  • Gross Building Area: 17,165
  • Building Area: 17,165
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Subdivision: JESSE ATTERBURY
  • Land Acres: 1.409
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: JESSE ATTERBURY ABST 32 PG 230 TR 11 ACS 1.409 INT202000318893 DD10292020 CO-DC 0032230101100 2CG00322301

Ownership

  • Current Owner : MC OFFICE LLC
  • Previous Owner : GAYATRI INVESTMENTS LLC
  • Owner Before Previous Owner: RAMOTAR FAMILY LTD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Garland Independent School District
  • School Tax School District: GARLAND ISD
  • Census Tract: 018801

Zoning

  • Zoning: Z52

Geography

  • Assessors Map Reference: 650032230101100
  • Account Number: 650032230101100
  • Subdivision Tract Number: 11
  • Parcel: 65-00322-301-011-0000
  • Block: 2
  • Municipality: GARLAND
  • Latitude: 32.9178
  • Longitude: -96.6312

    Address

  • Full Address: 601 N 1st St
  • Address - House Number: 601
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: TX
  • City Name: Garland
  • Carrier Code: C098
  • 4-Digit Zip Code: 5703
  • Zip Code: 75040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,677
  • Tax Rate Code Area: GS

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,488,600
  • First Open Lien Mortgage Lender: PLAINSCAPITAL BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2023
  • First Open Lien Mortgage Loan Amount: $1,488,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $635,000
  • Market Land Value: $184,130
  • Market Improvement Value: $450,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,000
  • Assessed Land Value: $184,130
  • Assessed Improvements Value: $450,870

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11909006391
  • Current Sale Price: $1,979,838
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 129178
  • Previous Sale Recording Date: Jun 30, 2023
  • Previous Sale Contract Date: Jun 13, 2023
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAINSCAPITAL BANK
  • First Mortgage Transaction Date: Jun 30, 2023
  • First Mortgage Loan Amount: $1,488,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Garland



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Nearby Rentals

Unit for rent at 104 S 11th Street, Garland, TX, 75040

$805 /mo

  • 1 Bed
  • 1 Bath
104 S 11th Street, Garland, TX, 75040 Listing by RH Advisors TX

Frequently Asked Questions

What neighborhood is 601 North 1st Street located in?
The 601 North 1st Street is a commercial located in the neighborhood of Northeast Dallas in Garland, Garland.
What is the average sales price for listings in 601 North 1st Street?
The average sales price for units in 601 North 1st Street is $0 currently.

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