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Est. payment /mo
165,092 SqFt
Pending
141 JEFF ST Three Rivers, TX 78071
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Pending
Purchase Type For Sale
Square Footage 165,092 sqft
MLS Listing ID 1965554
Year Built 2007
Annual Tax Amount $9,797
Lot Size 3.790 Acres
Acres 3.79
Property Sub-Type Hotel/Motel
Property Description
Choke Canyon Lodge offers the opportunity to acquire a cash-flowing hospitality asset supported by durable regional demand drivers and strong underlying real estate fundamentals in South Texas. Located along Highway 72 in Three Rivers, Texas, the property benefits from highway visibility, proximity to Choke Canyon Reservoir, and limited nearby lodging competition. The Lodge serves a consistent mix of hunting, fishing, recreational, and workforce guests, producing predictable seasonal occupancy and steady year-round income. Operations are intentionally simple, with conservative pricing and limited revenue management, allowing for immediate continuity under new ownership. Financial performance reflects in-place operations and supports acquisition based on current income. In addition, the property offers achievable upside through modest rate alignment during peak demand periods and standard expense normalization. Importantly, these opportunities do not require renovation, rebranding, staffing changes, or new revenue streams. Beyond operations, the offering is supported by the intrinsic value of the real estate, including highway frontage, existing infrastructure, and long-term land utility. Continued lodge operations represent the most straightforward path forward, though the site may support alternative or complementary uses at the buyer's discretion. This offering is well-suited for owner-operators, investors, and small groups seeking cash flow today with achievable upside and real estate downside protection.
Location
State TX
County Live Oak
Area 3100
Zoning COMMERCIAL
Interior
Heating Other
Cooling Other
Exterior
Garage Spaces 44.0
Utilities Available Electricity, Water, Telephone, Septic, Cable TV, Other
Amenities Available Exterior Lighting, Security System, High Speed INternet, Fire Sprinkler System, Inside Storage, Outside Storage, Living Area, Security Lighting
Roof Type Composition,Metal
Building
Story 2
Foundation Slab
Schools
School District Three Rivers
Others
Acceptable Financing Sale Only
Listing Terms Sale Only
Listed by Nick Anthony • Phyllis Browning Company • (210) 849-9283
NEARBY SCHOOL & BUSINESS
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