The Beckham Hotel

Mineola, Texas

Asking Price: USD $1,850,000
Guest Rooms: 19    11
Owners Quarter: 1    1

Property Overview

The Beckham Hotel has anchored downtown Mineola, Texas since 1892 — and it hasn't just survived, it has become the story of the town. Three stories of exposed brick, original terrazzo floors, soaring ceilings, and curated chandeliers. This is the rare historic property that has already done the hard work. It operates. It has regulars. It has a reputation.
Sitting directly adjacent to the Mineola Amtrak station on Commerce Street, the Beckham is front row for the annual events that draw weekenders from Dallas and beyond. The ~20,000 SF building includes 13 active hotel rooms, a 2,150 SF grand ballroom with one of the oldest floating spring dance floors in Texas, two commercial kitchens, active ground-floor tenants generating $95,400/yr in contracted lease income, a shaded courtyard, and income already running from day one.
This is a once-in-a-generation opportunity to own a piece of East Texas history and make it your own. — everything a new owner needs to walk in and carry on or reimagine entirely.

The Beckham Hotel occupies a commanding corner on East Commerce Street in historic downtown Mineola — a three-story brick landmark that has outlasted everything around it and still turns heads.
Step through the front entrance and the lobby sets the tone immediately: soaring ceilings, original terrazzo floors, and curated chandeliers that cast warm light across a space that feels both grand and intimate. The ground floor flows naturally from the hotel reception area into a hideaway cigar lounge, a coffee shop, and a salon — all active, all adding life to the building on any given afternoon.
Through the lobby and past the front desk, a shaded courtyard opens behind the building — covered grill, restrooms, and abundant seating under the stars. Evening concerts happen here. Guests spill out from the French doors of the Liberty Lounge, a beloved library and game room that doubles as a private meeting space for weekend retreat groups.
Next door, an adjacent 2,500 sqft commercial space holds a second full commercial kitchen, a wine bar, and a bespoke gallery and office — a versatile anchor that could accommodate a restaurant partner, an artist-in-residence, or an owner-operated F&B concept.
The original staircase leads up to the mezzanine — a peekaboo view down to the reception below — before opening into the ballroom. Original coat check, a piano, 2,150 SF of event space with one of the oldest floating spring dance floors in Texas. The room earns its keep every wedding season and does it without any cosmetic help needed.
The second floor's finished wing offers five guest rooms, two bathrooms, a modest office, and storage. The adjoining wing is opportunity space — high ceilings, exposed beams, original tile and brick — ready for a custom apartment build-out designed to the new owner's vision.
The third floor is the crown: 13 individually styled guest rooms and 7 bathrooms, each with exposed brick, individual climate-controlled units, and sumptuous bedding. Guests who stay here don't forget it.

About the Owner's Quarters

There are several areas/options owners or onsite management could live

Features:
  • Includes a Restaurant Restaurant
  • Has a Wedding Venue Wedding Venue
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
Business Description:

Some people buy a business. Some people buy a building. Every once in a while, someone buys a legacy.
The Beckham Hotel has been the anchor of downtown Mineola since 1892. Built as a stagecoach stop and later a
center of East Texas commerce, it has outlasted everything around it — recessions, decades, trends — and still
turns heads every single day. Guests who stay here do not forget it. Locals will tell you about their grandmother's wedding in the ballroom. That is not something you can manufacture.
The building has documented music history. John DeFoore ran his music school from the Beckham for nearly 20 years. Two of his students — Kacey Musgraves and Miranda Lambert — went on to become Grammy-winning
country artists. DeFoore's teaching method, and the rooms where he gave those lessons, are part of what makes this building more than a hotel. (Source: American Songwriter, KLTV East Texas)
What makes the Beckham different from every other historic property on the market is simple: it already works.
There are regulars. There are tenants. There are events on the books. A new owner walks in on day one with income already running — and a building full of stories to build on.
~20,000 square feet. Three stories. A 2,150 SF grand ballroom with one of the oldest floating spring dance floors in Texas — currently hosting weddings and private events. Two commercial kitchens. A courtyard. Active ground-floor commercial tenants. On-site caretaker quarters for an owner who wants to live where they work.
The third floor is the crown: 13 individually styled guest rooms with exposed brick, individual climate control, and the kind of atmosphere that earns five-star reviews without trying. The second floor holds five fully finished rooms
currently on residential lease, and seven additional rooms in raw opportunity space — ready for boutique suites, a private retreat floor, or short-term rentals.
The income is real. 2024 gross revenue: $107,132. 2025: $102,640. 2026 is tracking above 2025 pace. Full financials available to qualified buyers upon request.
The Beckham is a confirmed contributing building in the Mineola Downtown Historic District, listed on the National
Register of Historic Places since 2013 — making qualifying rehabilitation expenditures eligible for the Federal Historic Tax Credit (20%) and the Texas Historic Preservation Tax Credit (25%). These credits are stackable, and the Texas certificate is freely transferable. Consult a certified preservation tax advisor.
Directly adjacent to the Mineola Amtrak station. 90 minutes from Dallas.

Terms of Sale:

The Beckham Hotel is offered at $1,850,000 — real estate, operating business, and everything that comes with it.
The seller is motivated and will consider all reasonable offers.
Cash buyers, conventional financing, and SBA 7(a) loan programs are all welcome. Buyers pursuing SBA financing should confirm program eligibility and structure with a qualified SBA lender.
Qualified buyers will receive a full financials package including P&L history, tenant lease summaries, and supporting documentation.
Contact: Sarah Jackson | sarah@mineolabeckhamhotel.com | (903) 638-6182
mineolabeckhamhotel.com

Legal Disclaimer
All financial information must be independently verified by the buyer's accountant, lender, and legal counsel prior to any investment decision. Revenue figures are based on seller records. Projections are illustrative only. Historic tax credit eligibility is based on confirmed NRHP contributing building status; consult a certified preservation tax credit advisor. SBA financing eligibility varies by lender and borrower profile. Music school history attributed to John DeFoore per American Songwriter and KLTV East Texas reporting. The Beckham Hotel is NOT located in a federally designated Opportunity Zone.

Valuation & Mortgage Calculator:
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n/a % Interest
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Listed By
Sarah Beckham Hotel (Owner)
  9036386182

MLS:

21249205

Sq Ft:

20,000

Owner's Quarters Sq Ft:

800

Acres:

0.3

Year Built:

1892

Last Renovated:

2022

Years in Business:

4

MLS:

21249205
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Financial Overview

Asking Price:

USD $1,850,000

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