7121 Bishop Rd Unit404, Plano, TX 75024 – Hotel/Motel, Low-rise (1 - 3 stories)

ServiceYear Built 1999Total Assessed Value $82,929,444County Collin

Property Details

The Service property 7121 Bishop Rd Unit404, Plano, TX 75024 is located in Collin County. The specific property type is Hotel/Motel, Low-rise (1 - 3 stories). The total assessed value of this property is $82,929,444.

The gross building area is 341,917 square feet and the land area is 124,608 square feet for this Hotel/Motel, Low-rise (1 - 3 stories) built in 1999.

Legal description: Doubletree Legacy Addition (Cpl), Blk A, Lot 1

$82,929,444

Market Value

8.25%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 7121 Bishop Rd Unit404, Plano, TX 75024, Service

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Property Information

Property TypeService

Sub Property TypeHotel/Motel, Low-rise (1 - 3 stories)

Building Area341,917

Land Size124,608

Land Value$4,735,104

Improved Value$78,194,340

Total Assessed Value$82,929,444

Year Built1999

County NameCollin

Account Number2133348

Cap Rate8.25%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Pool850

Type ConstructionOther

No of Stories1

Total Rooms404

Number of Units404

Sales History

11/2/2017

Arms-length$104,000,000

Buyer

Pios Grande Xgen Plano Mrt Llc

Seller

Ashford Hospitality Trust

Book Number

Recording Date

11/2/2017

Transaction Details

Pios Grande Xgen Plano Mrt Llc acquired the property from Ashford Hospitality Trust through a Arms-length transaction on 11/2/2017 for $104,000,000.

Property constructed in 1999

YSale Price (USD) byXSales Year

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Mortgage History

11/2/2017

Sale$79,800,000

Borrower

Lender

Book Number

Recording Date

11/2/2017

Transaction Details

borrowed the property from through a transaction on 11/2/2017 for $79,800,000.

12/16/2016

Arms length residential transactions purchase or resales$365,000,000

Borrower

Ashford Palno M Lp

Lender

Book Number

2017.84710

Recording Date

12/16/2016

Transaction Details

Ashford Palno M Lp borrowed the property from through a Arms length residential transactions purchase or resales transaction on 12/16/2016 for $365,000,000.

Property constructed in 1999

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$4,984,320	$90,859,647	$95,843,967	$95,843,967	Pios Grande Xgen Pla...	50 Applied Bank Blvd	Doubletree Legacy Ad...	Hotelsfull	S4719	124,608	341,917
2025	$4,735,104	$78,194,340	$82,929,444	$82,929,444	Pios Grande Xgen Pla...	Roch Capital Inc At...	Doubletree Legacy Ad...	Hotelsfull	S4719	124,608	341,917
2024	$4,579,344	$66,371,623	$70,950,967	$70,950,967	Pios Grande Xgen Pla...	Attn: Vincent Abessi...	Doubletree Legacy Ad...	HOTELSFULL	S4719	124,608	341,917
2023	$4,485,888	$51,958,854	$56,444,742	$56,444,742	Pios Grande Xgen Pla...	% Roch Capital Inc, ...	Doubletree Legacy Ad...	HOTELSFULL	S4719	124,608	341,917
2022	$4,361,280	$31,529,050	$35,890,330	$35,890,330	Pios Grande Xgen Pla...	% Roch Capital Inc, ...	Doubletree Legacy Ad...	-	S4719	124,608	341,917
2021	$3,987,456	$26,172,544	$30,160,000	$30,160,000	Pios Grande Xgen Pla...	50 Applied Bank Blvd	Doubletree Legacy Ad...	-	S4719	124,608	341,917
2020	$3,738,240	$40,862,960	$44,601,200	$44,601,200	Pios Grande Xgen Pla...	% Roch Capital Inc, ...	Doubletree Legacy Ad...	-	S4719	124,608	341,917
2019	$3,115,200	$45,153,600	$48,268,800	$48,268,800	Pios Grande Xgen Pla...	% Roch Capital Inc, ...	Doubletree Legacy Ad...	-	S4719	124,608	341,917
2018	$3,115,200	$47,524,704	$50,639,904	$50,639,904	Pios Grande Xgen Pla...	C/o Roch Capital Inc...	Doubletree Legacy Ad...	-	S4719	124,608	341,917
2017	$2,492,160	$48,886,840	$51,379,000	$51,379,000	Ashford Plano-r Lp	14185 Dallas Pkwy St...	Doubletree Legacy Ad...	-	S4719	124,608	341,917

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
7121 Bishop Rd Unit404, Plano, TX 75024	2133348	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Pios Grande Xgen Plano Mrt Llc	Collin	-	$ 104,000,000	2017-11-02	$ 304.17	1999	341,917	404
14315 Midway Rd, Addison, TX 75001	100006800A0020000	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Apf Dallas Llc	Dallas	9.0	$ 18,272,308	2025-08-16	$ 66.81	1984	273,481	429
1900 Gateway Blvd Unit187, Mckinney, TX 75069	2639056	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Lxmi Mckinney Hotel Property Owner Llc	Collin	12.2	$ 36,176,000	2024-11-20	$ 225.98	2014	160,087	187
3005 Airport Fwy, Bedford, TX 76021	04893379	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Dallas Restore Llc	Tarrant	23.8	$ 5,000,000	2025-04-01	$ 39.21	1985	127,528	243
3701 Tanacross Dr, Fort Worth, TX 76137	07039778	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Supreme Bright Fossil Creek Ii	Tarrant	32.0	$ 15,228,500	2024-10-31	$ 140.74	1998	108,201	137
6007 Legacy Dr Unit304, Plano, TX 75024	2757885	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Pr Hotelier Llc	Collin	0.4	$ 136,000,000	2023-06-30	$ 493.72	2015	275,457	304
1301 Solana Blvd, Westlake, TX 76262	06387586	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Supreme Bright Westlake I Llc	Tarrant	21.3	$ 11,571,000	2023-09-26	$ 47.36	1990	244,297	294
5805 Granite Pkwy, Plano, TX 75024	2615448	Service	Hotel/Motel, Low-rise (1 - 3 stories)	5805 Granite Pkwy Owner Llc	Collin	1.0	$ 86,000,000	2023-06-20	$ 289.08	2013	297,500	120
5660 N Interstate Hy 35, Austin, TX 78751	225501	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Auscy187 Llc	Travis	198.6	$ 26,733,000	2023-02-18	$ 251.52	1985	106,287	198
520 W Main St, Oklahoma City, OK 73102	01-368-1440	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Infiniti Living 1 Llc	Oklahoma	171.1	$ 6,700,000	2023-12-18	$ 64.42	1963	104,000	-
74 N Interstate Hy 35, Austin, TX 78701	190912	Service	Hotel/Motel, Low-rise (1 - 3 stories)	68 East Avenue Austin Llc	Travis	203.1	$ 60,937,500	2024-08-07	$ 358.13	2022	170,156	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	7121 Bishop Rd Unit404, Plano, TX 75024	—	-	124,608	1999	341,917	$ 82,929,444	$ 4,735,104	-
Goldman Sachs Bank Usa	210 E Stacy Rd, Allen, TX 75013	08/06/2025	$ 653,000,000	174,240	2008	204,080	$ 35,407,165	$ 2,352,240	Jqhallen Development Llc
Harmony Bank	4090 Dallas Pkwy, Frisco, TX 75034	07/31/2025	$ 6,875,000	160,911	2017	78,786	$ 3,087,421	$ 2,976,847	PRESTON HOSPITALITY LLC
Plainscapital Bank	6819 Communications Pkwy, Plano, TX 75024	07/31/2025	$ 4,575,000	54,755	2017	12,031	$ 4,629,850	$ 1,697,403	Death Star Holdings Llc
American National Bank & Trust	8585 Angels Dr Unit120, Plano, TX 75024	07/29/2025	$ 9,100,000	123,101	2015	70,249	$ 9,590,047	$ 2,462,011	Angels Plano Lodging Llc
Cadence Bank Na	3415 Premier Dr Unit109, Plano, TX 75023	06/30/2025	$ 3,144,000	105,829	2014	105,831	$ 7,412,059	$ 2,010,751	Savoy Plano Hotels Llc
Veritex Community Bank	4704 W Plano Pkwy Unit146, Plano, TX 75093	06/25/2025	$ 3,701,044	106,661	1996	51,600	$ 6,513,953	$ 1,919,898	Plano Prosper Hospitality Llc
American National Bank & Trust	3605 Shire Blvd Unit119, Richardson, TX 75082	06/24/2025	$ 6,300,000	111,078	2017	81,148	$ 8,821,071	$ 1,777,248
Arvest Bank	1920 Lakepointe Dr, Lewisville, TX 75057	06/17/2025	$ 6,933,290	100,216	1998	62,869	$ 7,921,403	$ 1,403,024	Lewisville Hospitality Lp
Global One Bank	4451 Belt Line Rd, Addison, TX 75001	04/18/2025	$ 5,000,000	145,447	1989	73,859	$ 7,973,440	$ 2,908,940	Addison Hotels Llc
Guaranty Bank & Trust Na	4103 Belt Line Rd, Addison, TX 75001	04/16/2025	$ 1,350,000	99,622	1984	45,918	$ 4,670,120	$ 1,992,440	Diwali Addison Llc

Mean$ 145,831,147

Median$ 6,904,145.0

Loan Amount Range$ 1,500 - $ 985,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
7121 BISHOP RD, PLANO, TX 75024-3625	COPPER BOTTOM GRILL	9724736444	FOODS-CARRY OUT
7121 BISHOP RD, PLANO, TX 75024-3625	COPPER BOTTOM GRILL	9724736444	CATERERS
7121 BISHOP RD, PLANO, TX 75024-3625	COPPER BOTTOM GRILL	9724736444	RESTAURANTS
7121 BISHOP RD STE 100, PLANO, TX 75024-4144	MARRIOTT DALLAS/PLANO	9724736444	HOTELS & MOTELS
7121 BISHOP RD STE 100, PLANO, TX 75024-4144	T H 12 PLANO LLC	9723789955	HEALTH CLUBS STUDIOS & GYMNASIUMS

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Tenant Industry Distribution

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License Details

License Number

32065126321

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

11/11/2017

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	PIOS GRANDE XGEN PLANO MRT LLC
	Address Line	po box 159
	City / State / Zip	concordville PA 19331
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48085
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	19331
Registration Details	SOS Code

License Timeline

License Issued

11/11/2017

Currently Active

Status: -

Renewal Required

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