About 312 W Live Oak
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.
Features of 312 W Live Oak
| MLS® # | 21062173 |
|---|---|
| Price | $875,000 |
| Bathrooms | 0.00 |
| Acres | 0.28 |
| Year Built | 1971 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 312 W Live Oak |
|---|---|
| Subdivision | T B V R R |
| City | Malone |
| County | Hill |
| State | TX |
| Zip Code | 76660-3098 |
Amenities
| Utilities | All Weather Road, Asphalt, City Sewer, City Water |
|---|---|
| Parking Spaces | 20 |
| Garages | Direct Access, On Site, Oversized, Parking Lot |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Built-in Features |
|---|---|
| Heating | Electric, Wall Furnace |
| Fireplace | No |
Exterior
| Lot Features | Cleared, Level |
|---|---|
| Roof | Metal |
| Construction | Wood |
| Foundation | Slab |
School Information
| District | Malone ISD |
|---|---|
| Elementary | Malone |
| Middle | Malone |
| High | Penelope |
Additional Information
| Flooring | Laminate, Other |
|---|---|
| Special Notes. | Aerial Photo |
| Building Sqft | 6,802 |
| # Units | 12 |
Listing Details
| Agent | Jeramey Whitehouse |
|---|---|
| Office | Julie Siddons REALTORS, LLC |
| Contact Info | 254-582-0077 |