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    Historic Hotel with Owner Apartment Title is generated by Realmo AI

    421 W Main Street, Memphis, TX 79245

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    For Sale
    $295,000

    MULTI_FAMILY - Memphis Texas, TX

    Property size:
    42,000 SF
    Price / SF:
    $7/SF
    Added:
    Aug 25, 2022
    Days on Market:
    1414
    Last Refresh:
    Jul 8 at 6:06 pm

    Property Features for 421 W Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    32
    Rooms
    Bathroom 17, Bathroom 15, Bathroom 31, Bathroom 3, Bathroom 12, Bathroom 28, Bathroom 29, Bathroom 19, Bathroom 11, Bathroom 22, Bathroom 2, Bathroom 24, Bathroom 26, Bathroom 30, Bathroom 20, Bathroom 5, Bathroom 16, Bathroom 32, Bathroom 14, Bathroom 25, Bathroom 8, Bathroom 18, Bathroom 27, Bathroom 13, Bathroom 1, Bathroom 6, Bathroom 7, Bathroom 9, Bathroom 21, Bathroom 4, Bathroom 10, Bathroom 23
    Patio and Porch features
    Porch
    Standard status
    Active

    Utilities

    Heating system
    Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Asphalt, Flat, Tar/Gravel, Rubber

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    Les Renfro

    Listing agent Les Renfro

    Listing office Les Renfro PO Box 97, Memphis, TX

    Listing date Aug 25, 2022

    MLS# 11103291 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick construction with hardwood flooring throughout
    • Roof includes asphalt, flat/tar‑gravel, and rubber roofing; new Premier TPO roof is in process and included in the price
    • Public water source
    • Porch provides outdoor entry space
    • Approx. 42,000+ SF (TBV) historic hotel with an owner’s apartment; requires total restoration
    • Plans call for approx. 32–39 rooms when completed, plus lobby/private dining, multiple retail spaces, restaurant, meeting/conference rooms, and a ballroom

    Overview

    This historic hotel property includes approximately 42,000± square feet of total building value and an owner’s apartment. The asset requires total restoration, and the current scope of work can be staged as a multi-phase renovation, described as possible in 3–4 phases. Included in the sale is a new premier TPO roof that is now in process. When completed, the building is described as having approximately 32–39 rooms and includes additional functional spaces such as lobby areas, private dining rooms, multiple retail spaces with different addresses, restaurant space, and meeting and conference rooms, along with a ballroom. Interior character elements called out include original pressed tin ceilings and moldings, terrazzo floors, and a hall of mirrors.

    The property is located at 421 W Main Street in Memphis, Texas (Hall County, TX). It is positioned across from the historic courthouse, which is currently undergoing a restoration described as exceeding $10 million.

    For qualified buyers, the property is suited to an operator or development team prepared to execute a comprehensive restoration while leveraging the existing room mix and event, dining, and retail components. The inclusion of the in-process TPO roof may help support renovation planning and sequencing as work moves forward.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Gym & Fitness Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Hall
    State
    Texas
    Longitude
    -100.535477
    Latitude
    34.725364

    FAQs

    What type of property is this?
    Hotel - Historic hotel building in Memphis, Texas needing full restoration, with an in-progress new TPO roof and room for phased reopening.
    Where is this hotel located?
    The property is located at 421 W Main Street Memphis, TX.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Brick construction with hardwood flooring throughout; Roof includes asphalt, flat/tar‑gravel, and rubber roofing; new Premier TPO roof is in process and included in the price; Public water source
    More about this property
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