I have the presidential suite
In Joe's Motel over there
Joe's long gone incidentally
Along with everyone else

Even the gypsies have left
With everything they could carry, of course
They took all they need
Except for a clapped-out, knock-kneed, bony, old horse

Now, I've got the place to myself
I stand and look around
At this home that fell from the sky for me
And the only horse in town

So, I look at the horse, and he looks at me
I can tell we have an understanding almost immediately

We have been through the mill
Last few years, have been grinding uphill
Now we found some hay in the barn
And pure clean water down in the well

Now the cold wind's blowing somewhere else
We be safe and sound
In the last place on earth for me
And the only horse in town

We got nothing to hang on the wall
And that's better than nothing at all

I'm in the bar contemplating
And he's outside at the rail
Simply waiting
And swishing his tail

We don't need any more
Tell the truth that was always the case
But now we live in a world of our own
We can do what we want at our own sweet pace

And now there's no more misery
We're close to the ground
With a life of luxury for me
And the only horse in town
Yes, I have a home to call my own
I stand and look around
It's the last place on earth for me
And the only horse in town