734-516-3192
1902 Texas Ave, Texas City, TX for Sale
Hospitality - FOR SALE
1/4
null | Request Cap Rate

1902 Texas Ave
Texas City, TX 77590
Wayside Place


OVERVIEW

Economy Lodge – 53 Room Motel Investment Opportunity | Texas City, TX Excellent investment opportunity to own a 53-room motel in Texas City, Texas, strategically located in a high-demand area near major refineries, the cruise terminal, and Galveston Bay. This location consistently attracts long-term workers, seasonal travelers, fishermen, and beach visitors, providing strong year-round occupancy potential. The property has undergone significant upgrades and improvements, making it a turnkey operation for the next owner. In 2025, all guest rooms were freshly renovated with new interior paint and converted to kitchenette units, making them ideal for extended-stay guests and long-term workers. Additionally, all guest room flooring was replaced between 2021–2022, enhancing durability and modern appeal. The total property size is approximately 1.0035 acres, which includes the motel and an additional adjacent lot of approximately 0.3975 acres included in the sale. This extra land offers potential for future expansion, additional parking, or other development opportunities. The property is fully operational and also includes two on-site manager apartments, allowing convenient management or additional rental possibilities. Additional income opportunities include: - 2 coin-operated washers and dryers for guest use - 2 vending machines offering soda and snacks The property also includes 2 commercial washers and 2 commercial dryers used for motel operations, supporting efficient laundry service for the business. The motel benefits from a prime location surrounded by major employers in the refinery industry, making it attractive for extended-stay workers and contractors. It is also conveniently located near the cruise terminal and Galveston Bay, drawing tourists, fishermen, and vacation travelers—especially during summer and holiday seasons. Adding even more convenience for guests, a restaurant located directly next to the motel serves breakfast and lunch from 4:30 AM to 3:00 PM, and a 24-hour gas station and convenience store are within walking distance. Note: Revenue for 2025 appears lower due to ongoing renovations and temporary room closures during the upgrade process. This property presents a strong value-add opportunity with multiple income streams, updated rooms, and a location that supports both long-term workforce housing and seasonal tourism. Property: Economy Lodge Address: 1902 Texas Ave, Texas City, TX 77590 Total Rooms: 53 Total Property Size: Approx. 1.0035 Acres Additional Lot Included: Approx. 0.3975 Acre

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

53

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Economy Lodge by Hotel O Texas City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,968 SF

ZONING

D

APN/PARCEL ID

7412-0027-0000-006

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Chirag PatelEconomy LodgeMore Info
734-516-3192

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Chirag PatelEconomy LodgeMore Info
734-516-3192

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.