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    Malone Motor Lodge Investment Opportunity Title is generated by Realmo AI

    312 W Live Oak, Malone, TX 76660

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    Claim this Listing
    For Sale
    $679,000

    Multiple Single Units - Malone, TX

    Lot size:
    0.28 Acres
    Added:
    May 18, 2026
    Days on Market:
    8
    Last Refresh:
    May 25 at 11:06 pm

    Property Features for 312 W Live Oak

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    20
    Parking features
    Oversized, Parking Lot
    Interior features
    Built-in Features
    Standard status
    Active
    APN
    121783
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Electric (Heating), Wall Furnace
    Cooling system
    Electric, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1971
    Floors in Building
    1
    Flooring type
    Laminate, Other
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Lacey Whitehouse
    Lacey Whitehouse

    Listing agent Lacey Whitehouse License #0698643

    Listing office Julie Siddons REALTORS, LLC PO Box 1244, Hillsboro, TX

    Listing date May 18, 2026

    MLS# 21191275 Listing URL

    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.

    HighLights

    • Solid income property in Central Texas
    • 100% Occupancy with a waiting list demonstrates strong income potential
    • Reliable cash flow tied to consistent demand from nearby solar and wind farm projects
    • Income growth potential through rent adjustments, short‑term rentals, or property improvements
    • Flexible layout with available space offers potential to redesign and add rooms
    • Oversized parking lot accommodates larger vehicles and high occupancy

    Overview

    The Malone Motor Lodge is a roadside motel situated off State Highway 171. This income-producing property is currently operating at full occupancy and maintains a waiting list. The location benefits from consistent demand related to nearby solar and wind farm projects, ensuring reliable cash flow. There is potential for future income growth through rent adjustments, short-term rental strategies, or targeted improvements. The property's flexible layout and available space offer the possibility to redesign and add additional rooms to increase revenue. The property is located in Malone, Texas, and is situated on a 0.28-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Malone Motor Lodge Hotel & Motel

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bar & Pub Bed & Breakfast

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

    Similar Places Nearby

    • Malone Motor Lodge — 312 W Live Oak, Malone, TX 76660

    Location Insight

    • Map
    • Local Demand
    City
    Malone
    County
    Hill
    State
    Texas
    Longitude
    -96.897804
    Latitude
    31.918068

    Nearby Similar for Sale

    • $679,000

      Malone, TX Motel For Sale

      Roadside motel with 100% occupancy and income growth potential.
      312 W Live Oak, Malone, TX 76660
      View Details
    • $699,000
      6,802 SF

      Malone Motor Lodge For Sale

      Roadside motel with 100% occupancy and income growth potential.
      312 W Live Oak, Malone, TX 76660
      View Details

    FAQs

    What type of property is this?
    Motel - Roadside motel with high occupancy and income potential in Texas.
    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 $679,000.
    What are key features of this property?
    This property features: Solid income property in Central Texas; 100% Occupancy with a waiting list demonstrates strong income potential; Reliable cash flow tied to consistent demand from nearby solar and wind farm projects
    (254) 582-0077
    We can help!
    Listing Contact
    Lacey Whitehouse
    Lacey Whitehouse
    Real Estate License ID: 0698643
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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