815 Main St, Fort Worth, TX 76102 – Hotel/Motel, Low-rise (1 - 3 stories)

ServiceYear Built 1970Total Assessed Value $72,025,000County Tarrant

Property Details

The Service property 815 Main St, Fort Worth, TX 76102 is located in Tarrant County. The specific property type is Hotel/Motel, Low-rise (1 - 3 stories). The total assessed value of this property is $72,025,000.

The gross building area is 334,061 square feet and the land area is 30,000 square feet for this Hotel/Motel, Low-rise (1 - 3 stories) built in 1970.

Legal description: Fort Worth Original Town Block 112 Lot 1 Thru 12

$72,025,000

Market Value

8.25%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 815 Main St, Fort Worth, TX 76102, Service

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Property Information

Property TypeService

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

Building Area334,061

Land Size30,000

Land Value$2,700,000

Improved Value$69,325,000

Total Assessed Value$72,025,000

Year Built1970

County NameTarrant

Account Number00005711

Cap Rate8.25%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories15

Number of Units294

Sales History

3/1/2008

Other$3,937,300

Buyer

Seller

Book Number

Recording Date

3/1/2008

Transaction Details

acquired the property from through a Other transaction on 3/1/2008 for $3,937,300.

11/9/2000

Arms-lengthNot Disclosed

Buyer

New Fort Tower I Hotel Ltd

Seller

Book Number

Recording Date

11/9/2000

Transaction Details

New Fort Tower I Hotel Ltd acquired the property from through a Arms-length transaction on 11/9/2000 for .

Property constructed in 1970

YSale Price (USD) byXSales Year

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Mortgage History

2/12/2025

Arms length residential transactions purchase or resales$580,000,000

Borrower

Lender

Bank Of America Na

Book Number

2025.24906

Recording Date

2/12/2025

Transaction Details

borrowed the property from Bank Of America Na through a Arms length residential transactions purchase or resales transaction on 2/12/2025 for $580,000,000.

6/19/2018

Sale$176,000,000

Borrower

Lender

Book Number

Recording Date

6/19/2018

Transaction Details

borrowed the property from through a transaction on 6/19/2018 for $176,000,000.

Property constructed in 1970

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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) ↕
2025	$2,700,000	$69,325,000	$72,025,000	$72,025,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hotel General	30,000	334,061
2024	$2,700,000	$32,897,567	$35,597,567	$35,597,567	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hotel General	30,000	334,061
2023	$2,700,000	$28,825,000	$31,525,000	$31,525,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hotel General	Motel/Hotel General	30,000	334,061
2022	$2,700,000	$23,025,000	$25,725,000	$25,725,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hote	30,000	334,061
2021	$2,100,000	$23,625,000	$25,725,000	$25,725,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hote	30,000	334,061
2020	$2,100,000	$31,625,000	$33,725,000	$33,725,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hote	30,000	334,061
2019	$2,100,000	$34,775,000	$36,875,000	$36,875,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hote	30,000	334,061
2018	$2,100,000	$29,625,000	$31,725,000	$31,725,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hote	30,000	334,061
2017	$2,100,000	$26,625,000	$28,725,000	$28,725,000	New Fort Tower I Hot...	14180 Dallas Pkwy St...	Fort Worth Original ...	Motel/Hote	Motel/Hote	30,000	334,061
2016	$2,100,000	$27,402,432	$29,502,432	$29,502,432	New Fort Tower I Hot...	14180 Dallas Pkwy St...	FORT WORTH ORIGINAL ...	Motel/Hote	Motel/Hotel General	30,000	334,061

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Showing 1 to 10 of 17 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 ↕
815 Main St, Fort Worth, TX 76102	00005711	Service	Hotel/Motel, Low-rise (1 - 3 stories)	New Fort Tower I Hotel Ltd	Tarrant	-	$ 3,937,300	2008-03-01	$ 11.79	1970	334,061	-
3005 Airport Fwy, Bedford, TX 76021	04893379	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Dallas Restore Llc	Tarrant	13.7	$ 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 Llc	Tarrant	6.3	$ 15,228,500	2024-10-31	$ 140.74	1998	108,201	-
1301 Solana Blvd, Westlake, TX 76262	06387586	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Supreme Bright Westlake I Llc	Tarrant	18.3	$ 17,500,000	2023-09-26	$ 71.63	1990	244,297	294
3701 S W S Young Dr, Killeen, TX 76542	384969	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Shilo Inn Killeen Llc	Bell	118.7	$ 13,000,000	2024-04-12	$ 98.13	2006	132,478	160
7642 Lbj Fwy, Dallas, TX 75251	007729000C0020000	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Metro Park Central Llc	Dallas	34.5	$ 11,663,302	2023-03-29	$ 112.00	2001	104,141	139
1611 Airport Commerce Dr, Austin, TX 78741	483298	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Sky Inn Operation Inc	Travis	177.2	$ 23,760,000	2023-08-31	$ 224.78	2007	105,702	161
5660 N Interstate Hy 35, Austin, TX 78751	225501	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Auscy187 Llc	Travis	170.7	$ 26,733,000	2023-02-18	$ 251.52	1985	106,287	198
9505 Stonelake Blvd, Austin, TX 78759	460893	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Arboretum Lodging Lp	Travis	166.3	$ 13,858,600	2026-02-15	$ 106.13	1998	130,586	150
520 W Main St, Oklahoma City, OK 73102	01-368-1440	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Infiniti Living 1 Llc	Oklahoma	189.0	$ 6,700,000	2023-12-18	$ 64.42	1963	104,000	-
1011 E Houston St, San Antonio, TX 78205	105736	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Sat Dwnt Holdings Llc	Bexar	241.1	$ 11,172,000	2025-01-14	$ 54.79	1997	203,910	215

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	815 Main St, Fort Worth, TX 76102	—	-	30,000	1970	334,061	$ 72,025,000	$ 2,700,000	-
Veritex Community Bank	4800 Citylake Blvd E, Fort Worth, TX 76132	09/03/2025	$ 890,733	74,494	2019	47,684	$ 5,398,000	$ 96,842	-
American Nation Bank	6050 Old Denton Rd, Fort Worth, TX 76131	07/21/2025	$ 350,000	85,480	2017	36,000	$ 4,716,360	$ 1,282,200	Eaglewood Group Llc
State Bank Of Texas	8520 West Fwy, White Settlement, TX 76108	06/10/2025	$ 2,102,000	133,468	1974	41,983	$ 2,214,000	$ 834,175	Mikash Investment Inc
Rethos Georgian Oaks Llc	811 Commerce St, Fort Worth, TX 76102	06/05/2025	$ 2,600,000	20,000	1967	239,040	$ 25,500,000	$ 1,800,000	Georgian Oaks Llc
Citizens Bank & Trust Co	7920 Bedford Euless Rd, North Richland Hills, TX 76180	03/28/2025	$ 2,227,782	111,513	1974	36,464	$ 2,389,000	$ 947,860	-
Regions Bank	1110 Summit Ave, Fort Worth, TX 76102	03/21/2025	$ 2,018,750	5,000	1968	1,700	$ 300,000	$ 300,000	Summit Building Llc
Regions Bank	1110 Summit Ave, Fort Worth, TX 76102	03/21/2025	$ 2,018,750	5,500	1968	0	$ 330,000	$ 330,000	Summit Building Llc
Bank Of America Na	815 Main St, Fort Worth, TX 76102	02/12/2025	$ 580,000,000	30,000	1970	334,061	$ 35,597,567	$ 2,700,000
Bank Of America Na	815 Main St, Fort Worth, TX 76102	02/12/2025	$ 580,000,000	10,000	1970	0	$ 900,000	$ 900,000
Bank Of America Na	816 Main St, Fort Worth, TX 76102	02/12/2025	$ 580,000,000	22,344	1970	0	$ 275,000	-

Mean$ 80,959,856

Median$ 4,280,000.0

Loan Amount Range$ 313,000 - $ 580,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
815 MAIN ST, FORT WORTH, TX 76102-5408	HILTON FORT WORTH	8178702100	HOTELS & MOTELS
815 MAIN ST, FORT WORTH, TX 76102-5408	HILTON FORT WORTH	8178702100	CONSTRUCTION COMPANIES
815 MAIN ST, FORT WORTH, TX 76102-5408	HILTON FORT WORTH	8178702100	FEDERAL GOVERNMENT CONTRACTORS
815 MAIN ST, FORT WORTH, TX 76102-5408	STARBUCKS	8178702100	COFFEE SHOPS
815 MAIN ST, FORT WORTH, TX 76102-5408	KATIE ALEX	8178702100	NONCLASSIFIED ESTABLISHMENTS
815 MAIN ST, FORT WORTH, TX 76102-5408	STARBUCKS	8178702100	ESPRESSO & ESPRESSO BARS

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License Details

This details prefers to stay low-key.

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