141 Jeff St,Three Rivers, TX 78071
Three Rivers, TX 78071
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.
Details
| MLS # | 1965554 |
|---|---|
| Listing Type | For Sale |
| Style | Hotel/motel |
| Status | Pending |
| Year | 2007 |
| Days On Site | 109 |
| Listing Provided By | Phyllis Browning Company | Nick Anthony |
Features
| SQ Feet | 165,092 |
|---|---|
| Story(s) | 2 |
| Zoning | COMMERCIAL |
| Acreage | 3.79 |
Interior
| Heating | Other |
|---|
Exterior
| Roof | Composition, Metal |
|---|---|
| Foundation | Slab |
Parking
| Number Total Parking | 44 |
|---|
Utilities
| Utilities | Electricity, Water, Telephone, Septic, Cable TV, Other |
|---|
Taxes
| Tax Property Id | 0355-0038-0021-00 |
|---|---|
| Total Tax | 9797.25 |
Area Information
| State | TX |
|---|---|
| County | Live Oak |
| City | Three Rivers |
| Zip Code | 78071 |
| Area | Live Oak |
| School District | Three Rivers |
| Listing VS Median (in 78071) | |
Price: $2,125,000 low | high Med: $184,000 sqft: 165,092 low | high Med: 999 $ / sqft: $13 low | high Med: $185 On site: 109 low | high Med: 206 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Live Oak |
| City | Three Rivers |
| Zip Code | 78071 |
| Area | Live Oak |
| School District | Three Rivers |
| Listing VS Median (in 78071) | |
Price: $2,125,000 low | high Med: $184,000 sqft: 165,092 low | high Med: 999 $ / sqft: $13 low | high Med: $185 On site: 109 low | high Med: 206 | |
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