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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Hotels
1561 Mira Lago Blvd Farmers Branch, TX 75234-6453
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-9228102
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
FRAME
Total area
49,050 SF
Lot
0.58 ac (25,221 SF)
Zoning code
Z236
APN
241316600A0020000
UPID
US82-9228102
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$900k
Owner & transaction history
Triple Silver Hospitality Cw L · 7 yrs held
Triple Silver Hospitality Cw L
since 2019
7 recorded transactions
Zoning & alternative use
Z236 · Farmers Branch, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Farmers Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmers Branch submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,045,000
Current use
Blend value · Realmo final
$900k
Range $810k – $990k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$96,501
Tax year 2023
Assessed value
$4,600,000
Assessed 2023
Previous assessed
$4,600,000
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$302,650
Assessed improvement
$4,297,350
Land market value
$302,650
Improvement market value
$4,297,350
Total market value
$4,600,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
86
Total area
49,050 SF
Lot
0.58 ac (25,221 SF)
Zoning code
Z236
APN
241316600A0020000
UPID
US82-9228102
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Farmers Branch, TX
Zoning Z236 · permitted uses
Z236 · Farmers Branch, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmers Branch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.0M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
86
Lot
0.58 ac
Current owner
From public records · entity-resolved
Triple Silver Hospitality Cw L
Individual
Mailing address
3345 BEE CAVES RD STE #208, WEST LAKE HILLS, TX 78746-6766
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
—
Triple Silver Hospitality Cw LLC
—
Deed
related
$209,492 · Legacy Bank
Oct 2, 2020
—
Triple Silver Hospitality Cw LLC
—
Deed
related
$146,500 · Legacy Bank
May 1, 2020
—
Dhillon Investors LLC
—
Deed
related
$690,000 · American Fin'l & Inv
Aug 21, 2019
—
Triple Silver Hospitality Cw L
—
Deed
related
$690,000 · American Fin
Jul 1, 2019
—
Triple Silver Hospitality Cw LLC
—
Deed
related
$6,978,284 · Legacy Bank
Jun 19, 2019
—
Triple Silver Hospitality Cw L
Dhillon,jagsir S
Grant Deed
related
—
Dec 3, 2018
—
Dhillon Investors LLC
—
Deed
related
$2,771,193 · First Bk
Aug 28, 2018
—
Jagsir S Dhillon
—
Deed
related
$1,532,287 · Legacy Bk
—
—
Triple Silver Hospitality Cw L
—
Deed Of Trust
related
$690,000 · American Fin
—
—
Dhillon Investors LLC
—
Loan Modification
related
$2,771,193 · First Bk
—
—
Jagsir S Dhillon
—
Deed Of Trust
related
$1,532,287 · Legacy Bk
—
—
Dhillon Investors LLC
—
Deed Of Trust
related
$690,000 · American Fin'l & Inv
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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