Malone, TX 76660 312 W Live Oak
$875,000
8 more
- MLS# 21062173
- 09/16/2025
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.
Beds • 12
Baths • 12
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
Bathrooms
Total Baths
Other Interior Features
FlooringLaminate, Other
Interior FeaturesBuilt-in Features
Lock Box TypeNone
Occupancy Rate100
Total Units12
Unit Count3
General for 312 W Live Oak
# of Buildings12
AppliancesOther, None
Capitalization Rate0.00
CityMalone
Complex NameMalone Motor Lodge
Construction MaterialsWood
CoolingElectric, Wall/Window Unit(s)
CountyHill
Directions31.917951, -96.897762 From Hillsboro take 171 to Malone property will be on the left.
Elementary SchoolMalone
Elementary School NameMalone
ExclusionsTenant owned personal property
Gross Annual Expenses0.00
HOA TypeNone
HeatingElectric, Wall Furnace
High SchoolPenelope
Insurance Expense
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional
Occupant TypeTenant
Pool Y/NNo
Possession60-90 Days
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofMetal
School DistrictMalone ISD
Special NotesAerial Photo
Standard StatusActive
StatusActive
Subdivision NameT B V R R
Unexempt Taxes4525
UtilitiesAll Weather Road, Asphalt, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built1971
Year Built DetailsPreowned
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
Number Of Parking Spaces20
Parking FeaturesDirect Access, On Site, Oversized, Parking Lot
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Malone Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner