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    Remodeled Motel with Onsite Residence
    Updated: Mar 26
    Remodeled Motel with Onsite Residence

    335 S Shelby St, Carthage, TX 75633

    Contact for pricing
    18,550 sqft
    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.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Carthage, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    30-Unit Motel with Manager's Apartment
    30-Unit Motel with Manager's Apartment

    819 W 7th street, Texarkana, TX 75501

    $500,000
    11,511 sqft 1.27 AC lot

    Brick Tri-State Motel with 30 units and a fully remodeled manager's apartment for owner-operator occupancy.

    View details
    Remodeled Motel with Manager Residence
    Remodeled Motel with Manager Residence

    819 W 7th Street, Texarkana, TX 75501

    $500,000

    Tri-State Motel offers 30 units plus a fully remodeled manager’s apartment with 2 bedrooms and 2 full baths.

    View details
    20-Room Lakefront Motel
    20-Room Lakefront Motel

    4854 Carters Ferry Rd., Zwolle, LA 71486

    $2,500,000
    5.72 AC lot

    Functioning 20-room motel on a 5.72-acre lakefront site with an event center, pavilion, and RV full hookup sites.

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    Lakefront Motel and Lodge
    Lakefront Motel and Lodge

    4854 Carters Ferry Rd., Zwolle, LA 71486

    $2,500,000
    5.72 AC lot

    Functioning lakefront motel on Toledo Bend with event facilities, RV full hookups, and rentable cabins.

    View details

    Carthage, TX Motels Market Trends and Statistics

    Explore 1 motels for sale in Carthage, TX on our real estate platform. These investment opportunities span a total of 18,550 square feet of properties for sale.

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    Motels 2
    Hotels 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -4.1%
    Median Household Income $63,960
    College Educated 24.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.00%
    Property Tax per SF $42.54 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Panola County

    New Delisted

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