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For sale
    • Price cut: $19K (6/5)
    $660,000

    312 W Live Oak St, Malone, TX 76660

    --beds
    --baths
    6,802sqft
    : 
    $4,846/mo
    Get pre-qualified
    Multi Family
    Built in 1971
    -- sqft lot
    $619,500 Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Flexible layoutAvailable space
    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.
    147 days
    |
    59
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lacey Whitehouse 0698643 254-582-0077,

    Julie Siddons REALTORS, LLC 254-582-0077,

    Jeramey Whitehouse 0739508 214-603-9461,

    Julie Siddons REALTORS, LLC

    Source: NTREIS,MLS#: 21191275

      Facts & features

      Interior

      Heating
      • Electric, Wall Furnace
      Cooling
      • Electric, Wall/Window Unit(s)
      Features
      • Built-in Features
      • Flooring: Laminate, Other
      Interior area
      • Total structure area: 6,802
      • Total interior livable area: 6,802 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 20
      • Parking features: Direct Access, On Site, Oversized, Parking Lot
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 0.28 Acres
      • Features: Cleared, Level
      Details
      • Parcel number: 121783

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 1971

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: T B V R R
      HOA
      • Has HOA: No
      Location
      • Region: Malone

      Financial & listing details

      • Price per square foot: $97/sqft
      • Tax assessed value: $120,490
      • Annual tax amount: $4,525
      • Date on market: 2/26/2026
      • Cumulative days on market: 148 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Exclusions: Tenant owned personal property
      • Road surface type: Asphalt

        Estimated market value

        $619,500

        $589,000 - $650,000

        $1,038/mo

        Price history

        DateEventPrice
        6/5/2026Price change$660,000-2.8%$97/sqft
        Source: NTREIS #21191275 Report a problem
        5/18/2026Price change$679,000-2.9%$100/sqft
        Source: NTREIS #21191275 Report a problem
        2/26/2026Listed for sale$699,000-11.4%$103/sqft
        Source: NTREIS #21191275 Report a problem
        2/15/2026Listing removed$789,000$116/sqft
        Source: NTREIS #21062173 Report a problem
        11/11/2025Price change$789,000-9.8%$116/sqft
        Source: NTREIS #21062173 Report a problem
        9/16/2025Listed for sale$875,000$129/sqft
        Source: NTREIS #21062173 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$618 +10.5%$120,490 -0.6%
        2024$559 +61.2%$121,190 +17.5%
        2023$347 -51.7%$103,161 +10%
        2022$718 -2.1%$93,783 +10%
        2021$734 +0.7%$85,257 +10%
        2020$729 $77,506 +13.4%
        2018-- $68,350 +3.8%
        2017-- $65,840 -0.1%
        2016-- $65,900 +2.5%
        2015-- $64,300 +3.4%
        2014-- $62,180 +0%
        2013-- $62,150
        2012-- $62,150 -20.1%
        2011-- $77,750
        2010-- $77,750
        2009-- $77,750 +0.4%
        2008-- $77,410 +2.4%
        2007-- $75,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 76660

        Getting around

        28 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Malone
        • Middle: Malone
        • High: Penelope
        • District: Malone ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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