
$174,000
NAL Estimated Property Value515 N Main Street, Friona, TX, 79035
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About this property
Investment Opportunity: Historic Hotel in Friona, Texas Seize the chance to own one of the first hotels in Friona, Texas. This property has a rich history and has previously served as both short-term and long-term rental accommodations. With rental options in Friona being extremely limited, this property presents a prime opportunity for the new owner to generate significant income. While the hotel is brimming with potential, it will require some updates to bring it up to modern standards. Don't miss out on turning this iconic establishment into a profitable venture!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Friona
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