312 W Live Oak new Save Request In-Person Tour Request Virtual Tour
Malone,TX 76660
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision T B V R R
MLS Listing ID 21062173
Year Built 1971
Annual Tax Amount $4,525
Lot Size 0.280 Acres
Property Sub-Type Multiple Single Units
Property Description
Welcome To Malone Motor Lodge. This road side motel off of State Highway 171 is a solid income property, currently at 100% occupancy with a waiting list. The location benefits from steady demand tied to nearby solar and wind farm projects, providing reliable cash flow. The property also allows room for future income growth through rent adjustments, short-term rental use, or targeted improvements. With a flexible layout and available space, there's potential to redesign and add additional rooms to increase revenue. This is a rare opportunity to own a well-performing hospitality property with room to grow in Central Texas.
Location
State TX
County Hill
Interior
Heating Electric,Wall Furnace
Cooling Electric,Wall/Window Unit(s)
Flooring Laminate,Other
Exterior
Utilities Available All Weather Road,Asphalt,City Sewer,City Water
Roof Type Metal
Building
Lot Description Cleared,Level
Story One
Foundation Slab
Structure Type Wood
Schools
Elementary Schools Malone
Middle Schools Malone
High Schools Penelope
School District Malone Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21062173