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The Inn at Tule Creek 912 N Hwy 87 12 Room Hotel Tulia, TX 79088 $299,000 ($24,917/Room)



Executive Summary
Seller Financing Available with 25% down! Excellent Investment Opportunity! The Inn at Tule Creek in Tulia, TX is now available for purchase! This well-maintained 12-room inn includes a manager's quarters, office space, cellar, and plenty of parking surrounded by mature trees and established grass. Conveniently located on the north end of Tulia—right between Lubbock and Amarillo—you'll enjoy easy access to local amenities. With its versatile setup, this property could continue as an inn or be converted into apartments. Rent nightly, weekly, or monthly—the options are wide open! Call today to learn more!
Property Facts
| Price | $299,000 | Building Size | 4,984 SF |
| Price Per Room | $24,917 | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1960/2021 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 3.01/1,000 SF |
| Lot Size | 0.69 AC | Corridor | Exterior |
| Zoning | Commercial - Commercial | ||
| Price | $299,000 |
| Price Per Room | $24,917 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 4,984 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2021 |
| Tenancy | Single |
| Parking Ratio | 3.01/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $42.00 | 600 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 18631 | Improvements Assessment | $76,300 |
| Land Assessment | $8,630 | Total Assessment | $84,930 |
Property Taxes
Parcel Number
18631
Land Assessment
$8,630
Improvements Assessment
$76,300
Total Assessment
$84,930
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The Inn at Tule Creek | 912 N Hwy 87
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