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$789,000

  • For Sale
  • Active
  • Multi-Family
  • 12 Units
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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.

Full Property Details for 312 W Live Oak

General

  • Price: $789,000
  • Taxes: $4,525
  • Status: Active
  • Type: Multi-Family
  • Source: NTREIS
  • MLS ID: 21062173
  • Updated: 11/11/2025
  • Added to Site: 122 day(s) ago

Interior

  • Interior Features: Built-in Features
  • Flooring: Laminate, Other

Parking

  • Total Spaces: 20
  • Parking Features: Direct Access, On Site, Oversized, Parking Lot

Location

  • County: Hill
  • Subdivision: T B V R R
  • Driving Directions: 31.917951, -96.897762 From Hillsboro take 171 to Malone property will be on the left.

School Information

  • Elem School District: Malone ISD
  • Midd School District: Malone ISD
  • High School District: Malone ISD
  • Elementary School: Malone
  • Middle School: Malone
  • High School: Penelope

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Wall/Window Unit(s)
  • Heating Type: Electric, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • # Buildings: 12
  • Detached/Attached: Detached
  • Construction: Wood Siding
  • Roof: Metal
  • Stories/Levels: 1
  • Square Feet: 6,802
  • Sq. Ft. Source: Public Records
  • Year Built: 1971

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,196.8
  • Lot Size Source: Public Records
  • Frontage: All Weather Road, Asphalt
  • Lot Features: Cleared, Level

Financial Considerations

  • Tax Amount: $4,525
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Documents Avail.: Aerial
  • Legal Description: T B V R R BLK 7 LT 1A
  • Exclusions: Tenant owned personal property
  • Property ID: 121783
  • Block: 7
  • Lot Number: 1A

Listed by Julie Siddons REALTORS, LLC, Jeramey Whitehouse and Julie Siddons REALTORS, LLC, Katie Whitehouse

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Listing agents

— 312 W Live Oak —

  • Jeramey Whitehouse

    Julie Siddons REALTORS, LLC

  • Katie Whitehouse

    Julie Siddons REALTORS, LLC

254-582-0077

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 312 W Live Oak

School District:Malone Independent School District
NameGradesDistance
Malone Elementary School
202 West Apple Street, Malone, TX 76660
PK-80.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312 W Live Oak Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$789,000
-9.83%
MLS
9/16/2025
Listed
$875,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 312 W Live Oak

Year
Property Taxes
Change
Tax Assessment
Change
2025
$618
-14%
$120,490
4%
2022
$718
—
$115,670
—
2022
$718
-2%
$115,520
19%
2021
$734
—
$97,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Julie Siddons REALTORS, LLC, Jeramey Whitehouse and Julie Siddons REALTORS, LLC, Katie Whitehouse

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312 W Live Oak, Malone, TX 76660 (MLS# 21062173) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 312 W Live Oak is currently listed for $789,000 and was received on September 16, 2025. Want to learn more about 312 W Live Oak? Do you have questions about finding other Multi-Family real estate for sale in Malone? You can browse all Malone real estate or contact a Coldwell Banker agent to request more information.

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