312 W Live Oak, Malone, TX 76660
- $660,000
- List Price
- $660,000
- Price Change
- ▼ $19,000 1780681313
- MLS#
- 21191275
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1971
- Construction Status
- Preowned
- Acres
- 0.28
- County
- Hill
- City
- Malone
- Subdivision
- T B V R R
- Building Name
- Malone Motor Lodge
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.
/u.realgeeks.media/stantongrouprealestate/Stanton_Group_Logo_for_Website.png){kind=logo}
Additional Information
- Unexempt Taxes
- $4,525
- Lot Size
- 12,196
- Acres
- 0.28
- Lot Description
- Cleared, Level
- Flooring
- Laminate, Other
- Foundation
- Slab
- Roof
- Metal
- Stories
- 1
- Pool Features
- None
- Parking Garage
- Direct Access, On Site, Oversized, Parking Lot
- School District
- Malone Isd
- Elementary School
- Malone
- Middle School
- Malone
- High School
- Penelope
- Possession
- ClosePlus60To90Days
Mortgage Calculator
Listing courtesy of Lacey Whitehouse from Julie Siddons REALTORS, LLC. Contact: 254-582-0077