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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Hotels
711 Highlander Blvd Arlington, TX 76015-4319
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5180356
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Total area
67,748 SF
Lot
2.49 ac (108,595 SF)
APN
23580--27AR2-11
UPID
US82-5180356
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
-
711 Highlander Boulevard Parking Parking Lot & Garage
-
Courtyard Dallas Arlington South Hotel & Motel
-
Arlingto hotel Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Summit Hospitality 036 LLC · 9 yrs held
Summit Hospitality 036 LLC
since 2017
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,305,000
Current use
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$15 / 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
$156,666
Tax year 2023
Assessed value
$8,500,000
Assessed 2024
Previous assessed
$8,300,000
+2.4% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,085,770
Assessed improvement
$7,414,230
Land market value
$1,085,770
Improvement market value
$7,414,230
Total market value
$8,500,000
Applied tax rate
224.0000
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
Status
Off-Market
Year built
2008
Heating
NONE
Stories
4
Total area
67,748 SF
Lot
2.49 ac (108,595 SF)
APN
23580--27AR2-11
UPID
US82-5180356
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.3M
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
2008
Heating
NONE
Stories
4
Lot
2.49 ac
Current owner
From public records · entity-resolved
Summit Hospitality 036 LLC
Entity
Mailing address
12600 HL COUNTRY BLVD STE R-100, AUSTIN, TX 78738-6748
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2017
—
Summit Hospitality 036 LLC
Summit Hospitality I LLC
Special Warranty Deed
$6,990,000 · Compass Bank
Aug 3, 2012
—
Summit Hospitality I LLC
Summit Hotel Op LP
Special Warranty Deed
—
May 16, 2012
—
Summit Hotel Op LP
Matlock Lodging LP
Grant Deed
—
Dec 16, 2009
—
Lodging Matlock
—
Trustees Deed
related
$657,925 · Colonial Bank
Dec 15, 2009
—
Hereward Realty
—
Trustees Deed
related
$7,451,087 · Colonial Bank
Feb 5, 2009
—
Hereward Realty
—
Trustees Deed
related
$4,928,463 · Colonial Bank
Dec 15, 2006
—
Lodging Matlock
—
Trustees Deed
related
$7,515,125 · Colonial Bank
—
—
Hereward Realty LP
—
Deed Of Trust
related
$7,818,575 · Branch Banking & Trust Co
—
—
Lodging Matlock
—
Deed Of Trust
related
$850,000 · Colonial Bank
—
—
Lodging Matlock
—
Deed Of Trust
related
$3,628,428 · Colonial Bank
—
—
Lodging LP Matlock
—
Deed Of Trust
related
$10,400,000 · Plains Capital Bank
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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