312 W Live Oak Malone, TX $ 789,000
312 W Live Oak
$ 789,000
Share Save

312 W Live Oak

Malone, TX, 76660
$ 789,000
Bedrooms12 Baths12.0

Monthly Estimate*

$ 4,922

312 W Live Oak, Malone, TX 76660 - Image 1
312 W Live Oak, Malone, TX 76660 - Image 2
312 W Live Oak, Malone, TX 76660 - Image 3
312 W Live Oak, Malone, TX 76660 - Image 4
312 W Live Oak, Malone, TX 76660 - Image 5
312 W Live Oak, Malone, TX 76660 - Image 6
312 W Live Oak, Malone, TX 76660 - Image 7
312 W Live Oak, Malone, TX 76660 - Image 8
312 W Live Oak, Malone, TX 76660 - Image 9
312 W Live Oak, Malone, TX 76660 - Image 10
312 W Live Oak, Malone, TX 76660 - Image 11
312 W Live Oak, Malone, TX 76660 - Image 12
312 W Live Oak, Malone, TX 76660 - Image 13
View a Virtual Tour

Multi-Family Home for sale in Malone, TX

for $789,000 with 12 bedrooms and 12 full baths. This home was built in 1971 on a lot size of 0.28.

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.

See more

Multi-Family Active

Price

$ 789,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 4,525

Style

Multiple Single Units

Lot Size

0.28

Year Built

1971

Town/City

Malone

County/Region

Hill

MLS | Web ID

21062173

Features
Interior
Interior Features Built-in Features
Flooring Laminate Other
Occupancy Rate 100
Total Units 12
Total Baths 0
See more
General
Heating Electric Wall Furnace
Complex Name Malone Motor Lodge
Cooling Electric Wall/Window Unit(s)
Utilities All Weather Road Asphalt City Sewer City Water
Possession 60-90 Days
Roof Metal
Appliances Other None
School District Malone ISD
Pool Y/N 0
Exclusions Tenant owned personal property
Year Built 1971
Levels One
Property Subtype Multiple Single Units
Subdivision Name T B V R R
Occupant Type Tenant
County Hill
Property Type Residential Income
Construction Materials Wood
Year Built Details Preowned
HOA Type None
Special Notes Aerial Photo
# of Buildings 12
Status Active
Directions 31.917951 -96.897762 From Hillsboro take 171 to Malone property will be on the left.
City Malone
Elementary School Name Malone
High School Penelope
Elementary School Malone
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
See more
Exterior
Waterfront 0
Lot Features Cleared Level
Lot Size Source Public Records
Parking Features Direct Access On Site Oversized Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 6802.00
See more
Internal Only
Street Number 1 312
See more
* Excluded Features
List By
Jeramey Whitehouse

Listing Agent

Julie Siddons Realtors, Llc

Broker

Affordability Calculator

$5,299
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,922
Monthly Property Taxes
$377
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3950941 Elementary School
5136333 Middle School
Pricing History
DatePricePrice ChangeDescription
11/11/2025$789,000 -9.83% Price Down
9/16/2025$875,000 Listed Price

Map


See all

312 W Live Oak, Malone, TX, 76660 is a Multi-Family Home for sale at $789,000 with a lot size of 0.28. 312 W Live Oak has 12 bedrooms, 12.0 baths, and was built in 1971. The property's zip code is 76660 which is in Malone, TX