$295,000
$95K PRICE INCREASE

421 W Main St Memphis, Texas, TX 79245

Estimated payment $1,866/month

Total Views 26,663
-- Bed
32 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Pre War Building
  • Corner Lot
  • Landscaped with Trees
  • Wood Flooring
  • Porch
  • Central Air

About This Home

Included in the price is a New Premier "TPO" Roof now in Process. The Price will increase as seller spends additional money. Huge - Historic (Apx. 42,000 +- SQF (TBV) HOTEL with Owner's Apartment. The Hotel Requires Total Restoration. Located across from the Beautiful Historic Court House now undergoing a 10 Million++ Dollar Restoration. Can be restored in 3-4 Phases. Apx. 32-39 Room(s) when completed. Plus Lobby / Private Dining Room(s)/MULTIPLE Retail Spaces with different addresses./Restaurant/Meeting/Conference Rooms, Ballroom..(Equates to Only. $7.00 Per Sq. Ft.+- ). Original Pressed Tin Ceilings/Moldings/Terrazzo Floors/Hall of Mirrors. Lots of elegant completion items seller may consider selling...Call for Appointment to view. Qualified Buyers.. No Owner Financing.

Listing Agent

Les Renfro

Les Renfro Listed on: 08/25/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • Corner Lot
  • Landscaped with Trees

Home Design

  • Pre War Building
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 32 Full Bathrooms
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • &Quot;On The Historic Square Community
  • Recreation Room

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • BuildingCommunityRecRoom: Yes
  • Corner Lot: Yes
  • Directions To Property: See Mapquest Driving Directions
  • ExteriorOpenPorch: Yes
  • FloorHardwood: Yes
  • HasCentralAC: Yes
  • HeatFuelNaturalGas: Yes
  • HeatTypeHotWater: Yes
  • InteriorAmps: 0
  • IsNaturalGasAvailable: Yes
  • LastPriceValue: 225000
  • Number Of Stories: 3
  • PercentageOfTaxThatIsDeductable: 0
  • PreWarBuilding: Yes
  • PropertyCity: Memphis, Texas
  • Prop. Type: Multi-Unit
  • PropertyZipCode: 79245
  • PropertyZoneType: 400
  • RenovationComments: MUST SEE HISTORIC HOTEL.Complete Restoration Required/Some Things have been addressed. Many available items to complete available For Sale, Very Large property has retail spaces/Ballroom. Almost an acre under roof. Beautiful pressed tin ceilings/moldings..
  • RoofAsphalt: Yes
  • RoofFlat: Yes
  • RoofRubber: Yes
  • RoofTar: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: TX
  • WallWindowAC: Yes
  • WaterSourceType: Municipal
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement Type: Partial
  • BasementUnfinished: Yes
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 0

Exterior Features

  • Trees: Yes

Garage/Parking

  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal
  • Utilities: 1

Condo/Co-op/Association

  • Units in Building: 0

Schools

  • School District: MISD
  • School District: MISD

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2024 03/03/24 For Sale $295,000 0.0% --
07/26/2023 07/26/23 Off Market -- -- --
04/27/2023 04/27/23 Price Changed $295,000 +31.1% --
02/28/2023 02/28/23 For Sale $225,000 0.0% --
02/28/2023 02/28/23 Off Market -- -- --
01/11/2023 01/11/23 Price Changed $225,000 +12.6% --
08/25/2022 08/25/22 For Sale $199,900 -- --
Source: My State MLS

Source: My State MLS

MLS Number: 11103291