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$699,000
Listing #21180649
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
Has Fireplace
No
Floors
Laminate, Other
Heating
Electric, Wall Furnace
Tenant Pays
None
Cooling
Electric, Wall/Window Unit(s)
Total Number of Units
12
Exterior Features
Construction
Wood Siding
Lot Size in Sq. Ft.
12,196
Foundation
Slab
Possible Best Use
Hotel/Motel
Roof
Metal
Zoning
R
Water / Sewer
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
6,802
Utilities
Sewer Available, Water Available
Road Description
Highway, All Weather Road, Asphalt
Parking Description
Direct Access, On Site, Oversized, Parking Lot
Is One Story
No
Lot Description
Cleared, Level
Lot Description
Cleared, Level
Lot Size in Acres
0.28
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
4525.0
Property SubType
Hotel/Motel
Exclusions
Tenant owned personal property
Year Built
1971
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$3,263
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,518
Monthly Tax
$582
Monthly Insurance
$163
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
Lacey Whitehouse, Julie Siddons REALTORS, LLC
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NTREIS - North Texas data last updated at February 24, 2026, 3:36 AM CT
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