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General Description
minimizeExcellent Opportunity - Commercial Building inside Madisonville City Limits showcases an ideal location with access to city utilities and major thoroughfares in this busy commercial hub. Zoned for multifamily housing, buyer should verify with the city any plans in this area for Commercial, Office Condo, or Residential Development. Just under an acre, .85-acre property offers a 3500 SF metal building plus porch; 1500 SF main area, 600 SF of additional main area, 1000 SF shop area, 400 SF additional shop area and 100 SF of porch area. There are four roll up over head doors, office area and break room area. The adjoining 3 Acre lot fronting Bacon St. is also available for purchase (ML# 81105892) if you need more land. Previously used as a auto repair shop, update and hold or redevelop this property. Located minutes from I-45, the Houston-Dallas Corridor and Hwy 21, the Bryan/College Station-Palestine Corridor, this property offers a convenient location with unlimited opportunity.
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $109,150 | 6.20% | $109,150 | 6.20% |
| 2022 | $-- | $102,780 | 24.46% | $102,780 | 24.46% |
| 2021 | $-- | $82,580 | -3.11% | $82,580 | -3.11% |
| 2020 | $-- | $85,230 | -15.46% | $85,230 | -15.46% |
| 2019 | $-- | $100,820 | 0.81% | $100,820 | 0.81% |
| 2018 | $-- | $100,010 | $100,010 |
2023 Madison County Appraisal District Tax Value
| Market Land Value: | $16,940 |
| Market Improvement Value: | $92,210 |
| Total Market Value: | $109,150 |
2023 Tax Rates
| MADISONVILLE CONS ISD: | 1.0780 % |
| MADISON COUNTY: | 0.4864 % |
| CITY OF MADISONVILLE: | 0.6939 % |
| Total Tax Rate: | 2.2583 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 951 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 205 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
Excellent | View Nearby Schools ↓
Property Map
minimize600 S Mary St Madisonville TX 77864 was recently sold. It is a 0.20 Acre(s) Lot, in None.
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