Roadside Motel with Flexible
For Sale
$660,000
312 W Live Oak, Malone, TX 76660
MULTI_FAMILY - Malone, TX
Lot Size0.28 Acres
Days on Market56
Property Features for 312 W Live Oak
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
20
Parking features
Parking Lot, Oversize
Interior features
BuiltInFeatures
Subdivision
T B V R R
Lot features
Cleared, Level
Elementary school
Malone
Middle school
Malone
High school
Penelope
Elementary school district
Malone ISD
Middle school district
Malone ISD
High school district
Malone ISD
Directions
31.917951, -96.897762 From Hillsboro take 171 to Malone property will be on the left.
Standard status
Active
APN
121783
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
T B V R R BLK 7 LT 1A
Tax Annual Amount
4525
Legal Description
T B V R R BLK 7 LT 1A
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Window Unit(s)
Water source
Public
Building Details
Year built
1971
Floors in Building
1
Number of units
12
Flooring type
Laminate
Building materials
WoodSiding
Roof type
Metal
Listing Agency:
Julie Siddons REALTORS, LLC
(254) 582-0077
Listed By:
Lacey Whitehouse
(254) 582-0077
Added: Jun 5
Changed: Jul 29
Last Checked: Jul 30 at 8:06PM
MLS# 21191275
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Malone Motor Lodge is a roadside motel offered for sale in Malone, Texas. The property is described as a solid income opportunity and is currently operating at 100% occupancy with a waiting list. The layout provides available flexibility for potential reconfiguration, including the ability to redesign space and add rooms.
The property is located off State Highway 171 at 312 W Live Oak in Hill County. Public remarks indicate steady demand associated with nearby solar and wind farm projects.
While details on the current room count and specific improvements are not provided, the flexible layout and existing lodging operations are positioned for continued income generation, including the ability to adjust rents, utilize short-term rental use, or pursue targeted improvements.
The property is located off State Highway 171 at 312 W Live Oak in Hill County. Public remarks indicate steady demand associated with nearby solar and wind farm projects.
While details on the current room count and specific improvements are not provided, the flexible layout and existing lodging operations are positioned for continued income generation, including the ability to adjust rents, utilize short-term rental use, or pursue targeted improvements.
Key Highlights
- Malone Motor Lodge is a roadside motel off State Highway 171 with 100% occupancy and a waiting list
- Public utilities include public water and public sewer
- Year built: 1971
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76660, TX
484
Population
223
Households
2.2
Avg Household Size
44
Median Age
13%
College-Educated
79%
High-School Grad
32.5 sq mi
ZIP Area
15
Density / Sq Mi
$43,214
Median Household Income
$28,295
Median Earnings
$950
Median Rent
$119,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Similar Off Market Nearby
- Malone Motor Lodge — 312 W Live Oak, Malone, TX 76660
Frequently Asked Questions
What type of property is this?
Motel - Malone Motor Lodge is a roadside motel with flexible room configuration and currently operates at full occupancy.
Where is this motel located?
The property is located at 312 W Live Oak Malone, TX.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Malone Motor Lodge is a roadside motel off State Highway 171 with 100% occupancy and a waiting list; Public utilities include public water and public sewer; Year built: 1971
