2701 Lake Vista Dr, Lewisville, TX 75067
Institutionally owned Courtyard in Lewisville with recently completed guestroom work and exterior reimaging.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 8:49 am
Property Features for 2701 Lake Vista Dr
General Information
- Standard status
- Active
- Size
- 69,200 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 2001
Listing agent Dan Miller License #779007-SA
Listing office HREC Investment Advisors
Listing date Jun 15, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of HREC Investment Advisors
HighLights
- 122‑room Courtyard Dallas Lewisville at 2701 Lake Vista Drive, Lewisville, TX 75067
- Year built: 2001
- Recently completed guestroom and exterior reimaging work, intended to mitigate capital expenditure burdens
- Located at the intersection of I‑35E and State Highway 121 (Sam Rayburn Tollway)
- Within 10 miles of Dallas/Fort Worth International Airport
- Earnest money deposit: greater of $20,000 or 10% of purchase price; includes $20,000 minimum terms
Overview
The hotel is located at the confluence of Interstate 35E and the Sam Rayburn Tollway (State Highway 121), providing straightforward access to the Dallas–Fort Worth region. The asset is described as being within 10 miles of Dallas/Fort Worth International Airport and within 30 to 45 minutes of major business hubs in the Metroplex.
From a tenant and guest-demand standpoint, the remarks cite a diversified set of nearby demand generators, including major corporate employers and regional training and operational facilities. Leisure demand is supported by the local area and the broader Dallas-Fort Worth sports ecosystem. The property is also positioned near industrial density areas identified in the offering materials, which can contribute to transient demand. Tours are available by appointment only; interested parties should contact the listing broker for scheduling details.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.25M | $18.00 |
| − Vacancy | −$809.6k | −$11.70 |
| EGI | $436.0k | $6.30 |
| − OpEx | −$228.9k | −$3.31 |
| NOI | $207.1k | $2.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.9649562
- Latitude
- 32.9967927
