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9530 W FM 515 - Burnin Stump Lodge - Motel at Lake Fork 3,256 SF Specialty Building Offered at $550,000 at a 10.18% Cap Rate in Alba, TX 75410

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EXECUTIVE SUMMARY

Welcome to The Burnin Stump Lodge, a well-maintained and turnkey motel located just minutes from world-famous Lake Fork. Perfect for anglers, weekend travelers, or anyone seeking a relaxing getaway, this 10-room lodge is ready to serve guests with comfort and convenience. Each room is thoughtfully equipped with two queen-size beds, a full-size shower, its own individual water heater, a 42-inch flat-screen TV, refrigerator, microwave, coffee maker, and a desk-work area. All rooms are non-smoking, ensuring a fresh and welcoming stay for every guest. Guests also enjoy the convenience of covered parking right in front of every unit, making arrivals and departures simple and protected from the elements. The property includes a laundry room and a dedicated office space, keeping operations organized and efficient. For investors and visionaries, the possibilities extend even further. The Burnin Stump Lodge could easily be converted into studio apartments, with the laundry area serving as a public laundromat and the office repurposed as a rental space for a small business—offering multiple income streams under one roof. Whether you’re seeking a profitable hospitality venture or a unique multi-use property near one of the nation’s best fishing destinations, the Burnin Stump Lodge is a rare find with endless potential.

PROPERTY FACTS

Price $550,000
Price Per SF $168.92
Sale Type Investment or Owner User
Cap Rate 10.18%
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 1.89 AC
Building Size 3,256 SF
No. Stories 1
Year Built/Renovated 2000/2015
Opportunity Zone Yes
Zoning Commercial - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R105107
Land Assessment
$41,590
Improvements Assessment
$249,130
Total Assessment
$290,720
  • Listing ID: 37547744

  • Date on Market: 9/4/2025

  • Last Updated:

  • Address: 9530 W FM 515, Alba, TX 75410

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