We present a detailed analysis and phenomenological consequences of neutrino mass matrix, MνMν, with one-zero texture in the flavor basis where the active neutrino sector is extended by one sterile neutrino (3+1 case). In particular, our aim is to explore behavior of the sterile mixing parameters in detail when one of the elements of the neutrino mass matrix goes to zero. To study this, we consider two distinct mass spectrum of the active neutrinos: (i) completely hierarchical mass spectrum with a vanishing neutrino mass and (ii) completely quasidegenerate mass spectrum. In 3+1 scenario, the low energy neutrino mass matrix, MνMν, is a 4×44×4 matrix and has 10 independent elements. Thus it can have 10 possible one-zero textures. From the earlier studies it can be inferred that, if one assumes one vanishing neutrino mass, then only seven of these MνMν are phenomenologically allowed by the current neutrino oscillation data. On the other hand, if the neutrinos are quasidegenerate then there are eight phenomenologically viable one-zero textures. In this paper, we study the correlations between the sterile mixing parameters for each of these allowed textures for both mass spectrum and also their implications on the effective Majorana mass.