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$409,804

1511 W Mcdermott Drive 300, Allen, TX, 75013

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,119 Sq Ft
OfficeOffice
price_per_sqft$317.25 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.14 acres

Building Information

Year Built2005
Stories1

Land Information

APNR-9001-001-3000-1
Lot Number300
SubdivisionSuncreek Office Village (Cal)
Land UseCommercial
Legal DescriptionSUNCREEK OFFICE VILLAGE (CAL), BLDG 1, UNIT 300, 9.8799 % CMN INT
Census Tract031510
Assessed Land Value$68,736
Assessed Improvement Value$341,068
Assessment Year2025

About this property

1,119 SQUARE FOOT OFFICE CONDO on desirable McDermott Drive. Perfect for small business with direct entrance, 2 large offices, conference room, kitchen, and restroom. Perfect for insurance or computer related business or starter company.

Investor Tools

Property Icon
$409,804
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,459 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$833/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,945
$409,804
2025
$68,736
$341,068
$409,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,945
$409,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chang M Liu Etal
Purchase Money Mortgage
$271,000
No
First
Mar 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,584
N/A
0%
116%
$3,250/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Allen

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1511 W Mcdermott Drive 300 | Property Details | No Agent List