In the present work, the discrete flame model developed by Shoshin et al. (Doklady Akademii Nauk SSSR, 1986) and further scrutinized by Tang et al. (Combustion Theory and Modelling, 2009) is augmented by introducing the thermal inertia of particles in the preheating zone. The effect of particle thermal inertia on the speeds, propagation limits, and near-limits dynamics of one-dimensional discrete combustion waves is studied using the new model. It is found that, with the increase of particle thermal inertia, the propagation velocity of the discrete flame decreases due to the smaller heating rate of the particles. Besides, particle thermal inertia extends the propagation limits compared to the prediction of the old model. Furthermore, it is mathematically proven that the nonphysical branch of the solutions for the discrete flame speeds, found using the old discrete model, is a set of solutions for the propagation limits of steady-state discrete flames with particle thermal inertia included. The flame speed predicted using the new model is also compared with that determined analytically using a continuum model considering the thermal inertia of the condensed phase, attributed to Goroshin et al. (Combustion and Flame, 1996). We find that the discrete flame speeds predicted by the both models become closer to each other with increasing particle thermal inertia. Finally, the two models converge regardless of the discrete nature of the heat sources when particle thermal inertia is large enough so that can limit the flame propagation. The particle thermal inertia controlled flames could be regarded as a new kind of combustion regime.