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312 W Live Oak, 
Malone, TX 76660

$699,000

—

Bed

—

Bath

6,802

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Lacey Whitehouse

, 

Jeramey Whitehouse

Julie Siddons Realtors, LLC.

Last updated:

March 6, 2026, 12:51 PM

MLS#

21191275

Source:

GDAR

About This Home

312 W Live Oak

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.

Home Facts

Multi-Family

Built in 1971

Price Summary

699,000

$102 per Sq. Ft.

MLS #:

21191275

Last Updated:

March 6, 2026, 12:51 PM

Rooms & Interior

Interior

Living Area:

6,802 Sq. Ft.

Structure

Structure

Building Area:

6,802 Sq. Ft.

Year Built:

1971

Lot

Lot Size (Sq. Ft):

12,196

Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$102 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated March 6, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.