203 I-45Madisonville, TX 77864

Property Details for 203 I-45

Year built

1988

Lot size

2.00 AC

Property type

Hospitality properties

Property subtype

Hotels

Description

This fee-simple, 40-key Red Roof Inn in Madisonville, TX, is offered at $2,550,000 ($63,750/key). The two-story, 1988-built hotel underwent a complete renovation in 2023, including new paint, flooring, electrical, lighting, furniture, mattresses, bathroom fixtures, and more. Situated on two acres at 203 I-45, the property boasts high visibility and easy access off I-45, near US Highway 190, a corridor with nearly 35,000 vehicles in average daily traffic. Amenities include a picnic area, snack center, and limited bus/truck parking. An on-site three-bedroom owner's quarters is also included. Madisonville's strategic location at the intersection of major highways provides excellent access to Houston, Austin, Dallas, and College Station. The area's robust economy is driven by a large Buc-ee's, Lone Star Olive Ranch, Sam Houston State University, and Texas A&M University, along with local attractions like the Texas Mushroom Festival and Lake Madison Park. Nearby demand generators include the Madisonville Christmas Company, Madison County Museum, Fossil Tree Farm, and Fannin Parks Golf Course & Event Center. This presents a compelling investment opportunity in a thriving Texas market with strong potential for return.

Location Insight

City

Madisonville

County

Madison

State

Texas

Latitude

30.966

Longitude

-95.8845

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].