Date
Details
Price
Change
Source
2/15/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$699,000 Just Listed
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Property Description
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
Full Property Details for 312 W Live Oak
General
- Price: $699,000
- Taxes: $4,525
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21180649
- Updated: 2/15/2026
- Added to Site: 2 day(s) ago
Business
- Name: Malone Motor Lodge
- Business Type: Hotel/Motel
Interior
- Flooring: Laminate, Other
Parking
- 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.
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
- 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: Highway, All Weather Road, Asphalt
- Lot Features: Cleared, Level
- Potential Use: Hotel/Motel
- Zoning: R
Financial Considerations
- Tax Amount: $4,525
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: All Utilities, Grounds Care, Insurance, Management, Taxes
- Tenant Pays: None
Disclosures and Reports
- Legal Description: T B V R R BLK 7 LT 1A
- Exclusions: Tenant owned personal property
- Inclusions: Business, Land & Improvements
- Property ID: 121783
- Block: 7
- Lot Number: 1A
Listed by Julie Siddons REALTORS, LLC, Lacey Whitehouse and Julie Siddons REALTORS, LLC, Jeramey Whitehouse
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Listing agents
— 312 W Live Oak —
Lacey Whitehouse
Julie Siddons REALTORS, LLC
Jeramey Whitehouse
Julie Siddons REALTORS, LLC
254-582-0077
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 312 W Live Oak
School District:Malone Independent School District
| Name | Grades | Distance |
|---|---|---|
Malone Elementary School 202 West Apple Street, Malone, TX 76660 | PK-8 | 0.2 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
Tax History
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.
Estimate the Cost
Estimate the Cost for 312 W Live Oak
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312 W Live Oak, Malone, TX 76660 (MLS# 21180649) is a Commercial Service property. 312 W Live Oak is currently listed for $699,000 and was received on February 15, 2026. Want to learn more about 312 W Live Oak? Do you have questions about finding other Commercial Service real estate for sale in Malone? You can browse all Malone real estate or contact a Coldwell Banker agent to request more information.