2645 Lyndon B Johnson Fwy Farmers Branch, TX 75234-7301
Property profile & analytics
2645 Lyndon B Johnson Fwy, Farmers Branch, TX 75234-7301
- Hotels
- 217,789 SF
- 7.12 lot acres
Property ID
US83-4106920
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
- Hotels
Property Details for 2645 Lyndon B Johnson Fwy
- Year built
- 1979
- Construction
- TILT-UP CONCRETE
- Lot size
- 7.12 lot acres
- Zone code
- Z236
- Property type
- Hotels
- APN
- 24149540000010000
- APU
- 24149540000010000
Description
This exceptional 350-key hotel presents a compelling investment opportunity. Located at 2645 Lyndon B Johnson Fwy in Dallas, Texas (zip code 75234), this six-story, 217,789 square foot property sits on a 7.12-acre lot and boasts 467 parking spaces. Built in 1970 and renovated in 2013, the hotel benefits from a prime location with direct access to LBJ Freeway and Interstate 35, experiencing high daily traffic volume. The property is situated within the Dallas-Fort Worth MSA, midway between Downtown Dallas and Frisco, offering convenient access to major demand generators. Currently operating under a temporary Wyndham franchise agreement, the property offers a new owner the flexibility to retain the Wyndham brand or rebrand to another option, such as Sonesta. The sale includes the fee simple interest, unencumbered by debt or existing management contracts, providing complete operational control. The property is offered below replacement cost, presenting significant value-add potential through renovations and strategic management. With limited new hotel construction in the submarket, this presents a low-risk, high-reward opportunity for a motivated buyer. The property's APN is 24149540000010000 and is zoned PD. The seller is a private equity firm seeking to divest this asset. The property is approximately ten minutes from DFW International Airport and twelve minutes from Downtown Dallas.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,465,000
- ML approach
- $2,775,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,647,000
Market price range: $2.37M - $7.14M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $4,320,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Farmers Branch
- County
- Dallas
- State
- Texas
- Longitude
- -96.8894
- Latitude
- 32.9107
- 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
$280,375
$4,651,890
$8,523,110
$13,175,000
-
$4,651,890
$8,523,110
$13,175,000
