1521 Inwood Rd Dallas, TX 75247-6205
Property profile & analytics
1521 Inwood Rd, Dallas, TX 75247-6205
- Hotels
- 53,844 SF
- 1.18 lot acres
Property ID
US83-4179793
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Comfort Inn & Suites Dallas Medical-Market Center / Hotel & Motel
- Comfort Inn & Suites / Hotel & Motel
Property Details for 1521 Inwood Rd
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 1.18 lot acres
- Zone code
- Z151
- Property type
- Hotels
- APN
- 007910000A02B0000
- APU
- 007910000A02B0000
Description
This 100,580 square foot, four-story Comfort Inn & Suites, built in 2008, presents a compelling investment opportunity in Dallas' thriving medical district. Boasting a prime location off Stemmons Freeway and Irving Boulevard, the hotel benefits from high visibility and traffic flow exceeding 60,000 vehicles daily. The property's success is further amplified by the area's robust economic growth, fueled by a significant medical development pipeline totaling $3 billion in projects over the next four years. This expansion, coupled with consistent year-over-year increases in Average Daily Rate (ADR) and Revenue per Available Room (RevPAR) within the Dallas Medical District, ensures strong long-term investment value. The hotel's strategic location also benefits from the proximity to a planned massive industrial development, which will further increase demand for lodging from business travelers and industry workers. This property offers a unique blend of established performance and future growth potential in one of Dallas' most dynamic submarkets. The Dallas Medical Center submarket consistently ranks among the top performers in the DFW MSA, promising continued upward trajectory and substantial returns. This 85-key hotel is a rare opportunity to capitalize on the significant growth and development within this high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,005,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,014,000
Market price range: $460k - $2.10M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,145,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.851
- Latitude
- 32.8102
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$113,018
$1,023,660
$3,901,340
$4,925,000
-
$1,023,660
$3,901,340
$4,925,000
