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    Memphis, TX Hotels for Sale

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    Estelline, TX Clarendon, TX Childress, TX
    Historic Hotel with Owner Apartment
    Updated: Aug 25, 2022
    Historic Hotel with Owner Apartment

    421 W Main Street, Memphis, TX 79245

    $295,000
    Brick construction with hardwood flooring throughout
    Roof includes asphalt, flat/tar‑gravel, and rubber roofing; new Premier TPO roof is in process and included in the price
    Public water source
    Porch provides outdoor entry space
    Approx. 42,000+ SF (TBV) historic hotel with an owner’s apartment; requires total restoration
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Room Inn with Manager's Quarters
    12-Room Inn with Manager's Quarters

    912 US 87, Tulia, TX 79088

    $299,000
    1.58 AC lot

    Well-maintained 12-room inn with office space, manager’s quarters, cellar, and ample parking on 1.58 acres.

    View details
    Amarillo Hotel Repositioning Opportunity
    Amarillo Hotel Repositioning Opportunity

    1620 E INTERSTATE 40, Amarillo, TX 79103

    $2,975,000
    33,968 sqft

    107-key hotel with repositioning strategies in growing Amarillo market.

    View details
    12-Room Inn with Manager Quarters
    12-Room Inn with Manager Quarters

    912 U.S. 87, Tulia, TX 79088

    $299,000

    Well-maintained inn with office, manager’s quarters, cellar, and parking, offering flexible lodging or conversion options.

    View details
    Amarillo Land For Sale
    Amarillo Land For Sale

    W IH 40, Amarillo, TX 79124

    $5,305,608
    20.00 AC lot

    20 acre land parcel suitable for retail, office, hotel.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Amarillo Development Opportunity on I-40
    Amarillo Development Opportunity on I-40

    9151 E Interstate Drive, Amarillo, TX 79118

    $3,126,911
    19.94 AC lot

    19.94-acre commercial land with I-40 frontage in Amarillo, Texas.

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    Commercial Land in Levelland, Texas
    Commercial Land in Levelland, Texas

    508 Clubview Drive, Levelland, TX 79336

    $625,000
    20.00 AC lot

    20-acre commercial tract ideal for development in Levelland, Texas.

    View details
    Prime Woodward Commercial Land Opportunity
    Prime Woodward Commercial Land Opportunity

    1001 Main St, Woodward, OK 73801

    $75,000
    0.26 AC lot

    Visible corner lot on Woodward's Main Street, ready for development.

    View details
    Development Land with Rental Income
    Development Land with Rental Income

    5868 US Highway 277 S, Abilene, TX 79606

    $1,950,000
    11.30 AC lot

    Flat, ready-to-develop tract with utilities available and existing church plus two houses generating rental income.

    View details

    Memphis, TX Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Memphis, TX on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $295,000.

    Sale prices for resorts in Memphis, TX start at $295,000, averaging $295,000, and reaching up to $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 2,291
    Population Growth (5Y) -4.5%
    Median Household Income $46,667
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79245 $295K

    Taxes & Financing

    Tax Rate (average for all types) 2.07%
    Property Tax per SF $24.35 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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