312 W Live Oak, Malone, TX 76660
312 W Live Oak, Malone, TX 76660
312 W Live Oak, Malone, TX 76660
312 W Live Oak, Malone, TX 76660
312 W Live Oak, Malone, TX 76660
312 W Live Oak, Malone, TX 76660
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$ 660,000
Est. payment | /mo

0.28 Acres Lot


$ 660,000
Est. payment | /mo

0.28 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision T B V R R

MLS Listing ID 21180649

Total Fin. Sqft 6802

Year Built 1971

Annual Tax Amount $4,525

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Hotel/Motel

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

Zoning R

Direction 31.917951, -96.897762 From Hillsboro take 171 to Malone property will be on the left.

Interior

Heating Electric, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Laminate, Other

Heat Source Electric, Wall Furnace

Exterior

Utilities Available All Weather Road, Asphalt, City Sewer, City Water

Roof Type Metal

Garage No

Building

Lot Description Cleared, Level

Foundation Slab

Structure Type Wood

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21180649

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Lacey Whitehouse • Julie Siddons REALTORS, LLC

Nearby Locations

Hannah Loker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(318) 990-9001

lokerhrealestate@gmail.com

8518 Line Avenue STE 101, Shreveport, LA, 71106, USA

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312 W Live Oak