• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of Julie Siddons REALTORS, LLC- MLS# 21191275MLS ProviderContact Information: Lacey Whitehouse - 254-582-0077

312 W Live OakMalone, TX 76660

Multi-Family · 6,802 Sq. ft. | 0.28 Acres
$660,000 Active

312 W Live Oak Overview

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Welcome To Malone Motor Lodge. This road side motel off of State Highway 171 is a solid income property, currently at 100% occupancy with a waiting list. The location benefits from steady demand tied to nearby solar and wind farm projects, providing reliable cash flow. The property also allows room for future income growth through rent adjustments, short-term rental use, or targeted improvements. With a flexible layout and available space, there’s potential to redesign and add additional rooms to increase revenue. This is a rare opportunity to own a well-performing hospitality property with room to grow in Central Texas.

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312 W Live Oak Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,802
  • Price/Sq.ft. $97
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Malone ISD
  • Elementary School: Malone
  • Middle Or Junior School: Malone
  • High School: Penelope

Building Information

  • Year Built: 1971
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hill
  • Postal City: MALONE
  • Subdivision Name: T B V R R

Tax Information

  • Tax Annual Amount: 4525.0

General Information

  • Disclosures: Accessory Dwelling Unit
  • Exclusions: Tenant owned personal property
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 121783
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 6802.0

General Information

  • Flooring: Laminate,Other
  • Foundation Details: Slab
  • Interior Features: Built-in Features
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Direct Access,On Site,Oversized,Parking Lot
  • Parking Total: 20.0

Lot Information

  • Lot Features: Cleared,Level
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12196.8
  • Lot Size Units: Acres
  • Number Of Buildings: 12
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Metal

General Information

  • Number Of Units Total: 12
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 10

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

312 W Live Oak Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

312 W Live Oak Market Data

Based on the last 30 days in this zip code

$148,000
Average List Price
$95
Average Price per Square Foot
0
Properties Sold
190
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network


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