TX > Malone > T B V R R
Malone, TX 76660,312 W Live Oak
Malone, TX 76660,312 W Live Oak
Malone, TX 76660,312 W Live Oak
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$875,000
Est. payment /mo
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0.28 Acres Lot
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312 W Live Oak Malone, TX 76660

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JAMES SHARP

JAMES SHARP

+1(214) 403-9916

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision T B V R R

MLS Listing ID 21062173

HOA Y/N None

Total Fin. Sqft 6802

Year Built 1971

Annual Tax Amount $4,525

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multiple Single Units

Property Description

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.

Location

State TX

County Hill

Direction 31.917951, -96.897762 From Hillsboro take 171 to Malone property will be on the left.

Interior

Interior Features Built-in Features

Heating Electric, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Laminate, Other

Appliance Other, None

Heat Source Electric, Wall Furnace

Exterior

Utilities Available All Weather Road, Asphalt, City Sewer, City Water

Roof Type Metal

Garage No

Building

Lot Description Cleared, Level

Story One

Foundation Slab

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Malone

Middle Schools Malone

High Schools Penelope

School District Malone Isd

Others

Ownership of record

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21062173

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Jeramey Whitehouse • Julie Siddons REALTORS, LLC

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JAMES SHARP

JAMES SHARP

TEAM LEAD/AGENT | License ID: 0491432

+1(214) 403-9916

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