Remodeled 16-Unit Motel with Ancillary
For Sale
$2,500,000
1157 W Byp 287, Alvord, TX 76255
Well-known motel features 16 en-suite rooms, plus an on-site condo and house used as office with paved parking.
Property SizeContact for details
Days on Market59
Property Features for 1157 W Byp 287
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1983
Listing Agency:
AmeriPlex Realty, Inc.. Contact:
(318) 658-0345
Listed By:
Teresa Von Illyes · License #0441572
(817) 366-0372
Source:
Eastbankre
Added: Jul 9
Changed: Aug 31
Last Checked: Sep 4 at 7:09AM
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 AmeriPlex Realty, Inc.. Contact:
Investment Insights
Based on property information with market context.
This property is an established motel in Alvord, Texas offering 16 remodeled en-suite rooms. Many rooms include kitchenettes with a sink, countertop burner, microwave, and compact refrigerator. Several rooms have been updated with modern walk-in showers, new flooring, fresh interior paint, and updated furnishings. The motel supports nightly, weekly, and monthly stays. In addition to the guest rooms, the property includes a 900 sq ft condo and a 900 sq ft house currently used as the office, which may also provide owner or manager living quarters, and the house includes a small fenced yard.
The motel is located just off Highway 287 (“Colorado Highway”) in Wise County. The paved parking lot provides ample parking, and the property also has grassy, pet-friendly areas. Public remarks indicate a traffic count of approximately 50,000 vehicles per day.
Remarks also note potential for alternate residential or commercial uses, depending on buyer and business plan, while retaining the option to continue motel operations.
The motel is located just off Highway 287 (“Colorado Highway”) in Wise County. The paved parking lot provides ample parking, and the property also has grassy, pet-friendly areas. Public remarks indicate a traffic count of approximately 50,000 vehicles per day.
Remarks also note potential for alternate residential or commercial uses, depending on buyer and business plan, while retaining the option to continue motel operations.
Key Highlights
- Established motel in Alvord, TX (Wise County) just off Highway 287, with current traffic count of approximately 50,000 vehicles per day
- 16 remodeled en‑suite rooms, many with kitchenettes including a sink, countertop burner, microwave, and compact refrigerator
- Room updates include modern walk‑in showers, new flooring, fresh interior paint, and updated furnishings
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76255, TX
5,448
Population
3,113
Households
1.8
Avg Household Size
46
Median Age
20%
College-Educated
84%
High-School Grad
276.3 sq mi
ZIP Area
20
Density / Sq Mi
$55,052
Median Household Income
$35,858
Median Earnings
$740
Median Rent
$158,400
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Hampton Inn & Suites Decatur — 110 US-287, Decatur, TX 76234
- Telstar Motel — 103 N Sunset Ave, Decatur, TX 76234
- House On Main — 605 W Main St, Decatur, TX 76234
Frequently Asked Questions
What type of property is this?
Motel - Well-known motel features 16 en-suite rooms, plus an on-site condo and house used as office with paved parking.
Where is this motel located?
The property is located at 1157 W Byp 287 Alvord, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Established motel in Alvord, TX (Wise County) just off Highway 287, with current traffic count of approximately 50,000 vehicles per day; 16 remodeled en‑suite rooms, many with kitchenettes including a sink, countertop burner, microwave, and compact refrigerator; Room updates include modern walk‑in showers, new flooring, fresh interior paint, and updated furnishings
