Malone TX Real Estate & Homes for Sale

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Beds:
4
Baths:
2.00
Sq.Ft.:
2,264
Status:
Active
MLS#:
21391817
Type:
Single Family
Subdivision:
Malone Ot
Lot size:
0.4 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Keller Williams Lonestar DFW 817-795-2500
View additional info

ADDITIONAL INFORMATION

There’s something special about a home that has been standing for more than 100 years. Built in 1925, this two-story, 4-bedroom, 2-bath home has already watched generations grow, seasons change, and countless memories unfold—and now it’s ready for its next story. Imagine a cool fall afternoon with the windows cracked open and your favorite candle burning while dinner cooks in the kitchen. Across the street, the elementary school lets out, and before long the kids are running through the door, dropping their backpacks and heading straight to the fenced backyard to play. The playground is already waiting for them, while the storage shed gives you a place for bikes, tools, holiday decorations, and all the things a busy household seems to collect. Sitting on a corner lot directly across from the elementary school, this home has the space and location to become something truly special. And while there is still plenty of opportunity to add your own style and bring your vision to life, some of the big-ticket improvements have already been tackled, including a leveled foundation, brand-new roof, plumbing updated in 2023, new electrical panel, new gas heaters, and an updated water system. Maybe you see yourself restoring the charm of this century-old home and filling all four bedrooms with the people you love. Maybe you see an opportunity to create a rental property and add to your investment portfolio. Either way, this isn't a house that needs you to imagine its story from scratch—it already has one. It just needs someone ready to write the next chapter.

Beds:
2
Baths:
1.00
Sq.Ft.:
768
Status:
Active
MLS#:
21152250
Type:
Single Family
Subdivision:
Malone Ot
Lot size:
0.3 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Eagles International Realty, LLC
View additional info

ADDITIONAL INFORMATION

This small gem in the heart of Malone offers a great opportunity for a first-time buyer or savvy investor. It is situated on three lots, offering excellent future potential, which may also allow for subdividing or replat and the opportunity to build an additional home (buyer to verify). Featuring 2 bedrooms and 1 bathroom, this cozy home sits on a generously sized lot with room to expand, garden, or add value over time. The home just needs a little TLC to truly shine—making it ideal for those looking to build equity through light updates. Enjoy a welcoming front porch, mature surroundings, and a layout that’s easy to personalize. With a detached carport and ample yard space, the property offers flexibility rarely found at this price point. Conveniently located near State Highway 171 with easy access to Hillsboro, Waco, and surrounding areas. Whether you’re searching for an affordable starter home or a rental investment in a growing rural market, 207 S Pecan St is full of potential. Enjoy affordable small-town living with room to grow in a quiet Hill County community.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2026 North Texas Real Estate Information Systems



Malone Real Estate

Malone is located in Texas. Malone, Texas has a population of 413. Malone is more family-centric than the surrounding county with 49.4% of the households containing married families with children. The county average for households married with children is 29.39%.

The median household income in Malone, Texas is $33,750. The median household income for the surrounding county is $57,800 compared to the national median of $69,021. The median age of people living in Malone is 21.5 years.

Malone Weather

The average high temperature in July is 94.9 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 38.7 inches per year, with 0.4 inches of snow per year.

Malone Map

Malone Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    7
    30-day change

Malone Schools and Demographics

Education near Malone, TX

City County
High School Graduates 72.32 85.44
College Degree - 2 year 9.04 9.83
College Degree - 4 year 19.77 17.35
Graduate Degree 1.13 4.18
Expenditures per Student 14,239 14,239
Students per Teacher 12.2 12.2

Elementary Schools near Malone, TX

Grades Students P/T Ratio ZIP
Frost Elementary School PK - 05 220 12.2 76641
Hubbard Elementary School PK - 05 193 13.8 76648
Malone Elementary School PK - 08 96 8.3 76660

Middle Schools near Malone, TX

Grades Students P/T Ratio ZIP
Hubbard Middle School 06 - 08 75 10.1 76648

High Schools near Malone, TX

Grades Students P/T Ratio ZIP
Frost High School 06 - 12 196 11 76641
Hubbard High School 09 - 12 110 9.2 76648

Ungraded Schools near Malone, TX

Grades Students P/T Ratio ZIP
Bynum School PK - 12 208 9.9 76631
Penelope School PK - 12 191 10 76676

Demographics near Malone, TX

City County
Neighborhood Type Small Town
Population 413 35,686
Population Density 904 37
Median Age 21.5 41.4
People per Household 3.8 2.7
Median Household Income 33,750 57,800
Average Income per Capita 12,153 28,774

Real estate near Malone