Hotel Dilley Grand at dusk, renovated two-story hotel exterior, 110 S Main St, Dilley, Texas
110 S Main St · Dilley, Texas · on Interstate 35

Own a renovated, cash‑flowing Texas hotel, for about $130k down.

19 rooms + owner’s residence (20 units)·Renovated 2024·1 hour from San Antonio·$650,000

P&L detail, renovation docs, and the financing one-pager, by email. No lists, no spam. Or book a walkthrough.
“About $130k down” reflects an SBA 7(a) profile at roughly 20% down on the $650,000 ask, lender-quoted, subject to underwriting and appraisal.

Questions? Call (737) 367-2371 or text.

$650,000
Asking price
$158,968
T12 revenue
$69,333
T12 NOI
10.7%
Cap rate at ask
+70%
NOI vs prior 12 mo
20
Units (19 rooms + residence)
Two ways to buy it

Built for a first hotel family. Priced for a yield investor.

Most sub-$1M motels are either falling apart or unfinanceable. This one is neither, and the books and the building are both open for inspection.

Own & operate

First-time hotel buyer or small operator, live on site if you want to

  • SBA 7(a) profile: roughly 20% down, about $130,000 at the ask
  • Owner’s residence included: live where you earn
  • Systems already installed: Cloudbeds PMS, smart locks, wifi, documented staff processes
  • Income from day one, a real business you control, no franchise fees or PIPs

SBA path is lender-quoted, subject to underwriting and appraisal.

Invest & hold

Small CRE investor, numbers-first, levers and optionality

  • 10.7% cap rate on T12 NOI at the $650,000 ask
  • NOI up 70% over the prior twelve months
  • Dual-use certificate of occupancy: nightly hotel and monthly leases
  • Conventional path at 60–65% LTV pencils to a DSCR of roughly 1.6+

Conventional path is lender-quoted, subject to underwriting and appraisal.

The story of the deal

Bought abandoned. Rebuilt in 30 days. Performing and accelerating.

  1. 2024 · Acquisition

    Purchased abandoned for about $275,000

    A hundred-year-old building on Main Street, dark and empty, one block off I-35.

  2. 2024 · Renovation

    About $135,000 of renovation, in roughly 30 days

    New flooring, bathrooms, paint, furniture, TVs, and mechanicals across all 20 rooms and the common areas. The full before/after is documented and included in the financial package.

  3. July 2024 · Reopening

    Reopened with modern systems from day one

    Cloudbeds PMS, smart locks throughout, property-wide wifi, documented staff processes, and an on-site manager model. It runs like a business, not a project.

  4. 2025–2026 · Performance

    T12 NOI of $69,333, up 70% year over year

    Revenue of $158,968 over the trailing twelve months, with the growth curve still climbing. Every figure comes straight from the P&L and is verifiable in diligence.

  5. Now · Why selling

    The owner is redeploying into multifamily

    No hidden problem, no distress, a portfolio decision. The same discipline that documented the renovation and the books is what makes this a clean purchase.

Room mix: 20 units (19 rooms plus owner’s residence)

RoomsType
101–103Double
104, 106, 109Queen
105, 107Queen, ADA accessible
108, 201–210Two Doubles
ApartmentOwner’s residence
The numbers

Books you can verify, trailing twelve months, from the P&L

T12 covers August 2025 through July 2026. Everything below is owner-provided from the P&L; the gated financial package includes the detail for independent verification.

Trailing twelve months (Aug 2025 – Jul 2026)
Revenue$158,968
, of which monthly-lease income$34,750
Net operating income$69,333
Prior twelve months’ NOI$40,809
NOI growth, year over year+70%
Cap rate at the $650,000 ask10.7%
Trailing four months of NOI
April 2026$9,223
May 2026$10,397
June 2026$10,267
July 2026$6,916

10.7% cap on T12 · at ask

Monthly revenue, 2026

January through July, from the P&L

$5k $10k $15k January 2026, $13,812 February 2026, $8,119 March 2026, $10,655 April 2026, $16,495 May 2026, $17,857 June 2026, $17,988 July 2026, $14,638 $8.1k $18.0k $14.6k Jan Feb Mar Apr May Jun Jul

Hover a bar for the exact figure. Revenue includes both nightly stays and monthly leases.

Run your own numbers

Debt-service calculator

Move the sliders or start from either lender-quoted path. DSCR is computed against the verified T12 NOI of $69,333.

$650,000
20%
8.75%
25 yr
Cash down
,
Loan amount
,
Monthly payment (P&I)
,
Annual debt service
,
Cash flow after debt service
,
DSCR on T12 NOI
,

Illustration only, using the T12 NOI of $69,333 held constant. Both presets reflect lender conversations and are subject to full underwriting and appraisal. Taxes, insurance changes, and closing costs not modeled.

Financing

The hardest part of buying a small hotel is the loan. Two paths are already scoped.

Both paths below are lender-quoted, subject to underwriting and appraisal. Neither is a guarantee or a pre-approval, but they mean you are not starting from zero.

 SBA 7(a) profileConventional (regional bank hotel desk)
Down payment~20% (about $130,000 at ask)35–40% (60–65% LTV)
Rate basis~prime + 2 (≈8.75% today)prime + 1 to 1.5 (≈7.75–8.25%)
Structure25-year amortization5-year term, 20-year amortization
DSCR at ask≈1.35≈1.6+
FitsOwner-operators with ~$130–160k liquidInvestors with more equity, lower leverage

All financing descriptions are lender-quoted, subject to underwriting and appraisal. Lender introductions available to qualified buyers through the financial package process.

See everything

The 2024 renovation, room by room

Every photo below is the property as it operates today. Tap any image to view it full-size.

Walk it yourself, right now

Full 3D tour, nothing staged, nothing hidden

The entire property is scanned and public. Walk every room, hallway, and bathroom before you ever get in the car.

Where the next owner takes it

Four levers the T12 doesn’t fully price in

01

Dual-use certificate of occupancy

The property is certified to rent nightly and lease monthly, a rare combination. That is workforce-housing optionality built into the walls, not a rezoning bet. See hotel vs. multifamily conversion.

02

Monthly-lease demand already proven

$34,750 of the T12 revenue is monthly-lease income, contractors, workforce, and extended stays. Channels like Furnished Finder and direct employer relationships are barely tapped.

03

Rate positioning

The property competes below the franchise product in the market while offering a fully renovated room. A new owner can test rate against the branded competition without a franchise telling them what to do.

04

Direct channel already built

hoteldilley.com books guests direct on Cloudbeds, no OTA dependence baked into the model, and the digital presence transfers with the sale.

A hundred years on Main Street

The building has stories. The books have numbers.

The structure is roughly a century old, and locals tell it as a railroad hotel on the line between San Antonio and Laredo.

“Local legend says Bonnie and Clyde stopped here.”

History as told locally, offered as character, not as a representation. You’re buying the NOI; the story comes free.

Straight answers

Questions every serious buyer asks

Why are you selling a property that’s performing?

Portfolio strategy: the owner is redeploying capital into multifamily. There is no hidden problem, the same T12 that supports the price is available for your accountant to pick apart.

Are the numbers verifiable?

Yes. The financial package includes the P&L behind every figure on this page, and diligence supports verification against PMS reports and bank records. All figures here are owner-provided; you should verify independently, that’s the point of the package.

What’s the realistic financing picture?

Two paths have been scoped in lender conversations: an SBA 7(a) profile at roughly 20% down, and a conventional regional-bank path at 60–65% LTV. Both are subject to full underwriting and appraisal, nothing is guaranteed, but the property’s T12 DSCR (about 1.35 on the SBA profile at the ask) is the reason those conversations went well. See how an SBA hotel loan works.

Can I convert rooms to monthly leases?

The dual-use certificate of occupancy already permits both nightly rentals and monthly leases, and $34,750 of T12 revenue is lease income. You can shift the mix without a change-of-use process. More detail: hotel vs. multifamily conversion.

Who operates it today?

An on-site manager runs day-to-day operations on documented processes, with the owner overseeing remotely through Cloudbeds. The operating model, staff, checklists, systems, transfers with the sale.

What does the offer process look like?

Request the financial package below (instant), then book a walkthrough, in person or live video. Offers go directly to the owner / ownership team. The owner holds a Texas real estate license, disclosed here and in every conversation.

Next step

Request the financial package

P&L detail behind the T12, the renovation documentation, and the financing one-pager. Sent to your inbox; walkthroughs booked from there, in person or live video.

Prefer to talk first? Call (737) 367-2371 · Text

Request the financial package

Your information goes to the ownership team only and is used to send the package and coordinate a walkthrough. No lists, no spam.

Request the financial package · $650,000