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Newly Renovated Hotel Property
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114 Melodie Drive, West, TX 76691

Newly renovated 74-room Holiday Inn Express & Suites offering fee-simple ownership along Interstate 35.

Property SizeContact for details
Days on Market124

Property Features for 114 Melodie Drive

General Information

Standard status Active
Property subtype Hospitality

Additional Details

Highway Access Yes
Listing Agency: Hodges Ward Elliott
Listed By: Austin Brooks · License #TX 610115
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hodges Ward Elliott

Investment Insights

Based on property information with market context.

Hodges Ward Elliott is pleased to present the opportunity to acquire the 100% fee-simple interest in a newly renovated 74-room Holiday Inn Express & Suites N Waco - West.

The property is located along Interstate 35, providing visibility within the West area. It is positioned in proximity to Waco, with the provided information stating less than 15 minutes to the south, and it is described as essentially equidistant between Austin and Dallas. The remarks also state the hotel is approximately 60 miles from the Dallas–Fort Worth MSA and approximately 90 miles from the Austin MSA.

Based on the information provided, the asset supports traveler access in both directions along Interstate 35, with the surrounding North Waco/West area identified as a fast-growing region.

Key Highlights

  • Newly renovated 74‑room Holiday Inn Express & Suites
  • 100% fee‑simple ownership interest
  • Located along Interstate 35

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Dental Office Building Supply Law Firm Electrical Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

Demographics for 76691, TX

6,588
Population
2,573
Households
2.6
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
97.6 sq mi
ZIP Area
68
Density / Sq Mi
$72,632
Median Household Income
$45,931
Median Earnings
$931
Median Rent
$229,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Newly renovated 74-room Holiday Inn Express & Suites offering fee-simple ownership along Interstate 35.
Where is this hotel located?
The property is located at 114 Melodie Drive West, TX.
What are key features of this property?
This property features: Newly renovated 74‑room Holiday Inn Express & Suites; 100% fee‑simple ownership interest; Located along Interstate 35
More about this property
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