Remodeled Motel with Onsite
335 S Shelby St, Carthage, TX 75633
Thirteen-unit motel with one-bedroom house, generating consistent income.
Type:Business for Sale, Hospitality, Multifamily
Property size:
18,550 SFPrice / SF:
$22/SF- Added:
- Jan 29, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 335 S Shelby St
General Information
- Standard status
- Active
- Size
- 18,550 SF
- Property subtype
- Business for Sale, Hospitality, Multifamily
Building Details
- Year Built
- 1957
Listing agent Maya Patel License #TX 698351
Listing office eXp Realty Houston
Listing date Jan 29, 2026
Source Crexi
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 eXp Realty Houston
HighLights
- High Income Potential: Generates substantial monthly income, potentially exceeding $14,000 when fully occupied.
- Fully Remodeled: The entire 13‑unit motel and 1‑bedroom house have been recently updated.
- Established Cash Flow: Currently tenant‑occupied with a consistent income stream.
- Suited for hospitality buyers or conversion to multi‑unit apartments.
- On‑Site Owner's Residence: Includes a remodeled 1‑bedroom, 1‑bath house for management or additional income.
- Priced to Sell: Property is priced to sell including gross, building, inventory, real estate, and improvements.
Overview
This meticulously maintained and fully remodeled 13-unit motel, accompanied by a 1-bedroom, 1-bath house, presents a rare opportunity. Owned by the same proprietor for 31 years, this income-producing property is available due to retirement. The entire property has been recently updated, ensuring comfort for tenants and guests. Currently tenant occupied, it offers a transferable, immediate, reliable, and consistent income stream. The property is ideal for first-time hospitality buyers, those looking to add to their hospitality portfolio, or investors looking to convert into multi-unit apartments, further enhancing its value and profitability. The property includes a 1-bedroom, 1-bath house, suitable for an on-site manager or additional rental income. The property is being sold as is, inclusive of gross, building, inventory, real estate, and improvements. The property is priced to sell. The property is tenant occupied with weekly/daily tenants, featuring 13 beds and 13 baths. The property is located in Carthage, TX.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Economy Inn - Carthage ...
Hotel & Motel
Similar Places Nearby
- Budget Inn — 395 S Shelby St, Carthage, TX 75633
- Western Twelve Oaks Motel — 2298 SE Loop #410, Carthage, TX 75633
- Super 8 by Wyndham Carthage TX — 2386 SE Loop, Carthage, TX 75633
- Quality Inn Carthage — 2332 SE Loop, Carthage, TX 75633
- The Regal Hotel — 2313 SE Loop, Carthage, TX 75633
Location Insight
- Map
- Local Demand
- City
- Carthage
- County
- Panola
- State
- Texas
- Longitude
- -94.336511
- Latitude
- 32.151583
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Thirteen-unit motel with one-bedroom house, generating consistent income.
Where is this motel located?
The property is located at 335 S Shelby St Carthage, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High Income Potential: Generates substantial monthly income, potentially exceeding $14,000 when fully occupied.; Fully Remodeled: The entire 13‑unit motel and 1‑bedroom house have been recently updated.; Established Cash Flow: Currently tenant‑occupied with a consistent income stream.
