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Remodeled Motel with Onsite Residence

335 S Shelby St, Carthage, TX 75633

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For Sale

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Thirteen-unit motel with one-bedroom house, generating consistent income.

Type:Multifamily, Hospitality, Business for Sale

Property size:

18,550 SF

Price / SF:

$22/SF

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.

We can help!

Contact an agent

Maya Patel

For Sale

Contact for pricing

Thirteen-unit motel with one-bedroom house, generating consistent income.

Type:Multifamily, Hospitality, Business for Sale

Property size:

18,550 SF

Price / SF:

$22/SF

Added:: Mar 26, 2026
Days on Market:: 104
Last Refresh:: Jul 3 at 5:57 am

Property Features for 335 S Shelby St

General Information

Standard status: Active
Size: 18,550 SF
Property subtype: Multifamily, Hospitality, Business for Sale

Building Details

Year Built: 1957

We can help!

Contact an agent

Maya Patel

Listing office eXp Realty Houston

Listing date Mar 26, 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 Location Intelligence

Current Use by Public Records

Economy Inn - Carthage ... Hotel & Motel

Suggested Use

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

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For sale
Motels
TX
Carthage
75633
335 S Shelby St

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.