Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$699,000
312 Live Oak, Malone, Texas 76660, USA
MLS#
21191275
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
0.28 sqft (0.03 m2)
Building Size
6,802 sqft (631.9 m2)
Status
Sale price per sqm
0 $
Virtual Tour
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.
Property Details
1971 Year Built:
Building or Complex name: Malone Motor Lodge Location:
Wood Exterior Description:
Resale Condition:
laminate Floors:
city water, City sewer Utilities:
Electric, Wall Furnace Heating System:
Electric, Wall or Window Units Cooling System:
On Slab Basement and Foundation:
Metal Roofing:
Parking / Garage
20 Number of parking spaces:
Parking Lot Parking type:
Direct Garage Access, Oversized Garage Description:
Lot Land Information
Less Than 0.5 Acre Lot size:
School Information
723 School District:
Malone Elementary School:
Penelope High School:
Malone Middle School:

Listing by: Julie Siddons REALTORS, LLC
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