Paragon Realtors Real Estate

1100 E Main StreetKnox City, TX 79529Price: $1,050,000

  • Price: $1,050,000
  • 87 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,050,000List Price
  • 1Acreage

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Listed by Bridget Guess of HCR Realty LLC (940-864-8109)
Motel Room Mix (21 Total Units)City Motel in Knox City is a well-maintained 21 unit hospitality property offering multiple income streams and excellent highway visibility. The motel features a diverse mix of room types, including king rooms, double bed units, kitchenettes, and a spacious three-bedroom suite, with all rooms equipped with microwaves and refrigerators. Recent upgrades, such as a new roof, updated hot water heaters, high-speed Wi-Fi, new mattresses, and a modern security camera system, enhance both guest comfort and operational efficiency. The property also includes six fully serviced RV spaces with 50,30,20 amp hookups, a large lot suitable for semi-truck parking, and on-site living quarters consisting of a three-bedroom, two-bathroom apartment connected to the office. Additional amenities include guest laundry, commercial laundry equipment, an ice machine, and newly installed solar panels that contribute to long-term energy savings. A large attached commercial space offers excellent potential for future expansion. With streamlined operating expenses and strong annual income, the property delivers an attractive return on investment, making it a compelling opportunity for both owner-operators and investors seeking stable cash flow with room to grow. Contract the Listing Agent for more details.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 3:20 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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