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    3402 Goodnight Blvd Wills Point, TX 75169

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    For Sale
    $499,000

    4,990 SF hostel on 1.72 acres for sale.

    Lot size:
    1.72 Acres

    Property Features for 3402 Goodnight Blvd

    General Information

    Lot size
    1.72 Acres

    Building Details

    Year built
    1996

    Source: M&D CRE, LLC Agent Kevin Weable

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Old Texas Bunkhouse Hostel

    The Old Texas Bunkhouse, a 4,990-square-foot hostel, is available for sale in Wills Point, TX. The property is situated on 1.72 acres and features frontage along Highway 80. The hostel includes well-appointed rooms, each equipped with a coffee machine, mini fridge, storage racks, and private air conditioning units. Multiple shared restrooms are available, along with a communal area featuring family rooms. A fully equipped kitchen is provided, as well as an outdoor patio with barbecue facilities. The property is located just under 30 minutes from Canton's First Monday Trade Days and 12 miles from Splash Kingdom Waterpark. The location provides accessibility to truck drivers and travelers along US-80. The property has a 4-star online review rating.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Longhorn Lodge Hostel Old Texas Bunkhouse Hostel

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Storage Facility Discount Store Car Rental Smoke and Vape Shop Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wills Point
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.9682452
    Latitude
    32.6991606

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    FAQs

    What type of property is this?
    Hotel - 4,990 SF hostel on 1.72 acres for sale.
    Where is this hotel located?
    The property is located at 3402 Goodnight Blvd Wills Point, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - High-occupancy potential due to prime location on Highway 80, near Canton's First Monday Trade Days and Splash Kingdom Waterpark.; - 4,990-square-foot hostel with well-appointed rooms, each featuring a coffee machine, mini fridge, storage racks, and private air conditioning.; - Strong online reputation with a 4-star review rating.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3402 Goodnight Blvd Wills Point, TX 75169
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