312 W LIVE OAK, MALONE, TX 76660
Homes for sale in Malone.
Homes for sale in 76660.
312 W Live Oak
Malone, TX 76660
List Price$789,000
Listing #21062173
About This Property
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.
Property Features
Location Information
County
Hill
Subdivision
T B V R R
Interior Features
Interior
Built-in Features
Cooling
Electric, Wall/Window Unit(s)
Has Fireplace
No
Floors
Laminate, Other
Heating
Electric, Wall Furnace
Total Number of Units
12
Exterior Features
Stories
1
Lot Description
Cleared, Level
Construction
Wood Siding
Lot Size in Acres
0.28
Foundation
Slab
Lot Size in Sq. Ft.
12,196
Roof
Metal
Buildings
12
Water / Sewer
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
6,802
Utilities
Sewer Available, Water Available
Road Description
All Weather Road, Asphalt
Parking Description
Direct Access, On Site, Oversized, Parking Lot
Is One Story
Yes
Pool Description
None
Lot Description
Cleared, Level
School
Elementary School District
Malone ISD
Jr. High School
Malone
Elementary School
Malone
High School
Penelope
Additional Information
Year Built Details
Preowned
Tax Annual Amount
4525.0
Property Type
RI
Exclusions
Tenant owned personal property
Year Built
1971
Documents Available
Aerial
Status
Active
Lot Acres Source
Public Records
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$3,684
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,843
Monthly Tax
$657
Monthly Insurance
$184
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Jeramey Whitehouse, Julie Siddons REALTORS, LLC
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NTREIS - North Texas data last updated at January 16, 2026, 9:37 AM CT
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