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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Hotels
3701 Tanacross Dr Fort Worth, TX 76137-3408
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3992666
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Total area
108,201 SF
Lot
3.34 ac (145,708 SF)
APN
30281-9A-6A1
UPID
US83-3992666
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
Current use
Occupant on record · Public records
-
Homewood Suites by Hilton Ft. Worth-North at Fossil Creek Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.02M
Owner & transaction history
Supreme Bright Fossil Creek II LLC · 1 yrs held
Supreme Bright Fossil Creek II LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$9 / 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
$168,882
Tax year 2023
Assessed value
$7,078,000
Assessed 2024
Previous assessed
$6,900,000
+2.6% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,092,810
Assessed improvement
$5,985,190
Land market value
$1,092,810
Improvement market value
$5,985,190
Total market value
$7,078,000
Applied tax rate
223.0000
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/MOTEL
Status
Off-Market
Year built
1998
Heating
NONE
Stories
7
Total area
108,201 SF
Lot
3.34 ac (145,708 SF)
APN
30281-9A-6A1
UPID
US83-3992666
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
7
Lot
3.34 ac
Current owner
From public records · entity-resolved
Supreme Bright Fossil Creek II LLC
Entity
Mailing address
1785 STATE HWY 26TH BYP STE #400, GRAPEVINE, TX 76051-2217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
—
Supreme Bright Fossil Creek II LLC
Supreme Bright Fossil Creek I LLC
Special Warranty Deed
$11,450,000 · Boc Bank
Apr 16, 2024
—
Newcrestimage Capital Vi LLC
Newcrestimage Capital V LLC
Intrafamily Transfer
related
—
Feb 20, 2020
—
Tanacross Hotels LLC
Bre Select Hotels Tx LP
Grant Deed
$10,500,000 · Newcrestimage Cap LLC
Jul 13, 2017
—
Bre Select Hotels Tx LP
—
Deed
related
—
Dec 8, 2014
—
Bre Select Hotels Tx LP|bre Select Hotels Operatin
—
Grant Deed
related
$13,359,909 · Citigroup Global Markets Rlty
May 17, 2013
—
Bre Select Hotels Tx LP
Bre Select Hotels Texas LP
Quit Claim Deed
related
—
May 27, 2005
—
Six Hospitality Texas Apple
Promus Hotels INC
Grant Deed
—
Jul 1, 1997
—
Promus Hotels INC
Connell Mercantile
Grant Deed
related
—
—
—
Bre Select Hotels Tx LP
—
Deed Of Trust
related
—
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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