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Executive Summary

• Cash-flowing hospitality asset with in-place operations
• Highway 72 frontage providing visibility and access
• Durable seasonal demand driven by hunting, fishing, and recreation
• Conservative pricing and expense structure
• Simple operating model with minimal staffing complexity
• Real estate value independent of business performance
• Upside achievable without renovation or operational overhaul

Property Facts

Price $2,125,000
Price Per Room $118,056
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 3.79 AC
Building Size 29,000 SF
No. Rooms 18
No. Stories 1
Year Built 2007
Corridor Exterior
Zoning Commercial - Commercial

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 141 JEFF ST , THREE RIVERS, TX 78071

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 stable cash flow today with achievable upside and real estate downside protection.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $180.00 -
Guest Room 16 $124.00 -
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0355-0038-0021-00
  • 0355-0038-0080-00
Land Assessment
$34,239
Improvements Assessment
$1,229,955
Total Assessment
$1,264,194
  • Listing ID: 40020434

  • Date on Market: 4/3/2026

  • Last Updated:

  • Address: 141 Jeff St, Three Rivers, TX 78071

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