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Remodeled Motel with Onsite Residence
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335 S Shelby St, Carthage, TX 75633

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

Property Size18,550 SF
Price / SF$22.91
Days on Market196

Property Features for 335 S Shelby St

General Information

Standard status Active
Size 18,550 SF
Class C
Property subtype Multifamily, Hospitality, Business for Sale
Investment Type Owner/User

Building Details

Year Built 1957
Year Renovated 2026
Buildings 1
Stories 1
Units 14
Listing Agency: eXp Realty LLC
Listed By: Mickey Patel · License #652604
Source: Crexi
Added: Mar 26 Changed: Aug 31 Last Checked: Aug 14 at 5:58AM

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 LLC

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

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Current Use

Economy Inn - Carthage ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Grocery & Convenience Store Building Supply Plumbing Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75633, TX

13,558
Population
6,399
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
85%
High-School Grad
324.7 sq mi
ZIP Area
42
Density / Sq Mi
$63,960
Median Household Income
$42,327
Median Earnings
$774
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Similar Off Market Nearby

  • Super 8 by Wyndham Carthage TX — 2386 SE Loop, Carthage, TX 75633
  • Budget Inn — 395 S Shelby St, Carthage, TX 75633
  • Western Twelve Oaks Motel — 2298 SE Loop #410, Carthage, TX 75633
  • Quality Inn Carthage — 2332 SE Loop, Carthage, TX 75633
  • Pool Appartments — 816 W Sabine St, Carthage, TX 75633

Frequently Asked Questions

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.
(832) 244-6830 Call to check price and availability
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