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$278,000

NAL Estimated Property Value

1205 Main St, Garland, TX, 75040

Off MarketInfo
LeaseInfo
CommercialInfo
Beds3 Beds
Baths1 Bath
Baths1,413 Sq Ft
Year BuiltBuilt in 1949

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile, Wood

Exterior

Lot Size10,500 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26286500000320000
Lot Number32
SubdivisionJames Terrace
Land UseResidential
Legal DescriptionJAMES TERRACE W 25' OF LOT 31 & E 35' OF LOT 32 INT200600280157 DD06052006 CO-DC 2865000003200 1CG28650000
Census Tract018802
Assessed Land Value$84,000
Assessed Improvement Value$126,000
Assessment Year2025

About this property

Renovated Office Space in Downtown Garland – 1205 Main Street Position your business in the heart of Downtown Garland! This 1,413 sq. ft. commercial office space, originally built in 1949, has been fully updated to provide a modern, professional setting while maintaining its historic charm. Offering excellent visibility and direct access to the vibrant Downtown Garland Square, this location is ideal for professional services, creative workspaces, or boutique offices. Property Highlights: > Prime Downtown Location – Steps from the revitalized Downtown Garland Square, surrounded by restaurants, retail, and entertainment. > Fully Renovated Interior – Recent updates include new flooring, modern lighting, fresh paint, windows and updated HVAC for a move-in-ready experience. > 1,413 Sq. Ft. of Versatile Space – Well-designed layout with multiple workspaces, private offices, and meeting areas. > High-Visibility & Easy Access – Situated in a high-foot-traffic area, with quick access to DART Light Rail, I-635, and Highway 78. > Convenient Nearby Amenities – Walk to local dining, coffee shops, retail stores, and cultural venues like Intrinsic Smokehouse & Brewery, Rosalind Coffee, and the Granville Arts Center. > Ample Parking & Accessibility. This is a rare opportunity to establish your business in one of Garland’s most sought-after locations. Don't miss out—schedule a tour today to experience 1205 Main Street firsthand! An additional $100 per month will be added for lawn care.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,333
$210,000
2025
$84,000
$126,000
$210,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,333
$210,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Professional Bank Na
Unknown
$111,000
No
First
Aug 22, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,534
$220,466
79%
21%
$666/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$666/mo
+$1,306/mo
8.5%

City: Garland

1205 Main St | Property Details | No Agent List