Malone, TX 76660 312 W Live Oak

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 21061148
  • 09/16/2025
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Presented By: Jeramey Whitehouse with Julie Siddons REALTORS, LLC; 254-582-0077
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Year Built • 1971

Home Details

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.
Presented By: Jeramey Whitehouse with Julie Siddons REALTORS, LLC; 254-582-0077

Interior Features for 312 W Live Oak

Other Interior Features

FlooringLaminate, Other
Lock Box TypeNone
Occupancy Rate100
SQFT Gross6802
Total Stories1
Total Units12

General for 312 W Live Oak

Building UseHotel/Motel
Business NameMalone Motor Lodge
Business TypeHotel/Motel
Ceiling Height8 to10 Feet
CityMalone
Construction MaterialsWood
CoolingElectric, Wall/Window Unit(s)
CountyHill
Directions31.917951, -96.897762 From Hillsboro take 171 to Malone property will be on the left.
ExclusionsTenant owned personal property
Gross Annual Expenses0.00
HeatingElectric, Wall Furnace
Listing Terms1031 Exchange, Cash, Conventional
Number Of Leaseable Spaces13
Number Of Spaces Leased13
Occupant TypeTenant
Owner PaysAll Utilities, Grounds Care, Insurance, Management, Taxes
Possession60-90 Days
Property SubtypeHotel/Motel
Property TypeCommercial Sale
RoofMetal
Special NotesAerial Photo
Standard StatusActive
StatusActive
Subdivision NameT B V R R
Tenant PaysNone
Unexempt Taxes4525
UtilitiesAll Weather Road, Asphalt, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built1971
Year Built DetailsPreowned
Zoning DescriptionR

Exterior for 312 W Live Oak

Building Area Total6802.00
Foundation Slab
Lot FeaturesCleared, Level
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2800
Lot Size Area0.2800
Lot Size SourcePublic Records
Lot Size Square Feet12196.8000
Lot Size UnitsAcres
Parking FeaturesDirect Access, On Site, Oversized, Parking Lot
Road Frontage TypeHighway
WaterfrontNo

Additional Details

Price History

Suzanne Smith

Broker/Owner
Price $875,000
MLS#21061148
List Date 09/16/2025
Property Type Commercial
Phone 903.235.4216
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