$350,000
517 N 2nd St. Highway 87
Texline, TX 79087
MLS# 19-7959

517 N 2nd St. Highway 87, Texline, TX 79087
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Property Description
40 Unit motel with conference room and two bedroom Managers Apartment in Texline, Texas. Additional space behind for RV Hook-Ups. Very heavy traffic on US Highway 87. Last motel in Texas and a perfect location to catch New Mexico & Colorado hunters & skiers. Located on the way to Angel Fire, Red River, Denver, Vail, Aspen and many more travel destinations. The Motel hasn't operated since 2015. Windows and Doors Boarded Up for security. Plumbing Winterized. This property does not include the Front Porch Diner,restaurant, which is operating. The rooms could be re-purposed into 1 or 2 bedroom apartments or with kitchenettes for weekly or monthly rentals.

Details
Property Information
Current Price: $350,000
To Be Auctioned: No
List Price: $350,000
Zone: 5000 - All areas in the 5000's
Area: 5000 - N & W of Potter County
Status: Active
Begin Date: 2019-11-11
Realtor.COM Type: Commercial
Type: Motel/Hotel
Square Foot Source: Appraisal District
Total Rooms: 42
Total Full Baths: 45
Year Built: 1975
Lot Size Square Feet: 105000
Owner Contact: 517 2nd St. Trust
Taxes and Legal Information
House #: 517
Street Direction Pfx: N
Street Name: 2nd St. Highway 87
State/Province: TX
Postal Code: 79087
County: Dallam
Legal: S PT N OF HWY OUTLOT 13 HAYS ADDN MOTEL
Common Name: Texline
Contract Information
L/A Supervisor: Paul D. French
Supervisor's Phone #: 806-356-9086
L/A Supervisor License Number: 0295224
Exchange For: cash
Directions: From Dalhart, TX, go north on Highway 87 to Texline. Property is on the right side of the highway.
Currently not used
Showing Phone Number: 800-746-9464
Type of Business
Other Business: Motel
Parking
Other Parking: RV
Property Features
Community Features: Guest Quarters
Commercial Zoning: Central Business; General Retail; Heavy Commercial; Neighborhood Service; Light Commercial
Construction: Brick Veneer
Parking: Lighted; Lot; Off Site; Paved
Road Frontage: All Weather; US Highway
Utilities Available: City Sewer; Electric; Gas
Roof: Composition
Supplements
The motel could be re-purposed to one or two bedroom apartments, or add kitchenettes for weekly or monthly rentals.

Listing Office: French and Co., REALTORS®

Listing Agent: Edd Geoffroy

Last Updated: April - 16 - 2020

Information deemed reliable but not guaranteed.

Saturday 15th of August 2020 01:18 AM