For sale
  • $875,000

    312 W Live Oak St, Malone, TX 76660

    --beds
    --baths
    6,802sqft
    : 
    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Flexible layoutRoad side motelAvailable spaceAdditional rooms
    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.
    38 days
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