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$1,745,000

NAL Estimated Property Value

3116 S 1ST Street B, Garland, TX, 75041

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths1,000 Sq Ft
BusinessBusiness
price_per_sqft$3.5 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile, Laminate

Exterior

Lot Size31,755 sqft

Building Information

Year Built2021
Stories1

Land Information

APN26070540010010000
Lot Number1
SubdivisionCarniceria La Primera
Land UseCommercial
Legal DescriptionCARNICERIA LA PRIMERA BLK 1 LT 1 ACS 0.729 INT201700082055 DD03212017 CO-DC 6175000500100 2CG61750005
Census Tract018206
Assessed Land Value$95,270
Assessed Improvement Value$1,649,730
Assessment Year2025

About this property

An incredible opportunity is now available to lease a fully operational barber shop in a prime, high-traffic location for just $3,500 per month. This well-maintained and stylish space comes equipped with multiple stations and everything needed to hit the ground running. What makes this lease even more attractive is that three of the chairs are already leased to experienced barbers on income split agreements, providing built-in cash flow from day one. The shop has a modern, professional atmosphere and a loyal clientele, making it ideal for an owner-operator looking to expand or an entrepreneur interested in leasing out additional chairs to increase revenue. With great visibility and strong foot traffic, this is a rare turnkey opportunity in a thriving area.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,649/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,065
$1,745,000
2025
$95,270
$1,649,730
$1,745,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,065
$1,745,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,745,000
100%
0%
$0/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.

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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: Garland

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3116 S 1ST Street B | Property Details | No Agent List