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1516 Municipal Avenue, Plano, TX 75074
$625,000
1516 Municipal Avenue, Plano, TX 75074View this property at 1516 Municipal Avenue, Plano, TX 75074
1516 Municipal AvenuePlanoTX75074
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Property Description
In the heart of downtown Plano adjacent to the Plano Municipal Center. Office-Residential opportunity with high visibility. Walking distance to the Dart rail, Haggard park and downtown shops & restaurants Downstairs can be used for an office, beauty salon, law offices, insurance agency and so much more. Upstairs has full apartment with two bedrooms, one bath, living and full kitchen with walk-out balcony. 2100 Sf. concrete parking pad. Property is move-in ready. Great opportunity for your home office and business.
Full Property Details
Full Property Details for 1516 Municipal Ave
General
- Price: $625,000
- Taxes: $8,004
- Status: Active
- Type: Office
- MLS ID: 20551645
- Updated: 4/23/2024
- Added to Site: 42 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Ceramic Tile, Wood
Parking
- Parking Features: Concrete, Direct Access, Parking Lot
Location
- County: Collin
- Subdivision: Clint Forman Add
- Driving Directions: From the George Bush Tollway West exit Ave. K turn right and continue on the Municipal Ave. Destination will be on your right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Board & Batten Siding, Brick
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,580
- Sq. Ft. Source: Assessor
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.256
- Lot Size (Sq. Ft.): 11,151.36
- Lot Size Source: Assessor
- Frontage: City Street
- Zoning: Office
Financial Considerations
- Tax Amount: $8,004
- Tenant Pays: None
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: CLINT FORMAN ADDITION (CPL), BLOCK 3, LOT 4B
- Exclusions: There is currently a Tenant in the upstairs apartment paying $1500-month. Will need to give 30 days notice to move-out, he would like to renew lease.
- Inclusions: Building Only
- Property ID: R0160003004B1
- Block: 3
- Lot Number: 4B
Listed by Berkshire HathawayHS PenFed TX, Janet Eubank
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Schools
Schools serving 1516 Municipal Ave
School District:Plano Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1330 19th St, Plano, TX 75074 | K-5 | 0.3 mi | |
504 N Star Rd, Plano, TX 75074 | 6-8 | 2.9 mi | |
1717 17th St, Plano, TX 75074 | 9-10 | 0.5 mi | |
3000 Los Rios Blvd, Plano, TX 75074 | 11-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 Municipal Ave
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$625,000
-3.7%
MLS
4/15/2024
Price Reduced
$649,000
-0.15%
MLS
4/04/2024
Price Reduced
$649,999
—
MLS
3/15/2024
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1516 Municipal Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,033
—
$463,726
10%
2022
$8,033
4%
$420,362
10%
2021
$7,691
1%
$381,410
2%
2020
$7,586
2%
$374,508
2%
2019
$7,464
-7%
$365,571
-1%
2018
$7,987
163%
$369,565
165%
2017
$3,040
10%
$139,484
11%
2016
$2,774
80%
$125,685
82%
2015
$1,543
-1%
$69,039
—
2014
$1,556
—
$69,039
—
2013
$1,563
—
$69,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1516 Municipal Ave
1516 Municipal Avenue, Plano, TX 75074 (MLS# 20551645) is a Office property. 1516 Municipal Avenue is currently listed for $625,000 and was received on March 15, 2024. Want to learn more about 1516 Municipal Avenue? Do you have questions about finding other Office real estate for sale in Plano? You can browse all Plano real estate or contact a Coldwell Banker agent to request more information.