1500 TX-359, Mathis, TX 78368 For Sale

Lakeside Inn & Suites at 1500 N State Highway 359, Mathis, TX 78368 presents a compelling hospitality investment opportunity in South Texas. Offered at $1,399,900, this 55-room hotel sits on 3.48 acres and was originally built in 1994, delivering an attractive price-per-key of just $25,453. Positioned along State Highway 359, the property offers strong visibility, easy access, and the scale investors look for in a value-oriented lodging asset. Its expansive site and established layout create potential for operational improvements, branding updates, and long-term upside. With a local population of 7,213 within five miles and average household incomes reaching $66,885 in the surrounding area, the property is well situated to serve regional travelers, workforce lodging demand, and pass-through traffic. This is a rare chance to acquire a sizable hotel asset at an accessible basis in a growing Texas market. Lakeside Inn & Suites combines location, scale, and value for investors seeking repositioning potential and future income growth.