NOT LISTED FOR SALE

103 E Wells St Unit A-D Madisonville, TX 77864

Madisonville Area
2 Beds
2 Baths
7,588 Sq Ft
1985 Built

Sale Details

Date Sold: February 11, 2025

54 Days on Market

Highlights

  • Programmable Thermostat
  • Ceiling Fan
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of February 2025

Discover a fantastic investment opportunity with these two updated 4-plexes, conveniently located just 2 blocks from the bustling Madisonville town square. Enjoy easy access to grocery stores, shopping, St. Joseph's Hospital, restaurants—making this a highly desirable area for renters. Each 4-plex features a smart layout with two 2-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, totaling 8 rental units across both buildings. All units have been thoughtfully updated to enhance comfort and appeal. Key highlights include: central AC/heat replaced within past 5 years, most water heaters and dishwashers have been replaced, vinyl flooring, newer dishwashers. The owner currently covers water and lawn care for both buildings, streamlining property management. Contact an agent today to schedule a showing and take the first step toward enhancing your investment portfolio!

Last Agent to Sell the Property

Myrna Lopez

Beyond Real Estate License #0631986 Listed on: 10/04/2024

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,588 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Paved Parking

Schools

  • Madisonville Elementary School
  • Madisonville Junior High School
  • Madisonville High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Cleared Lot

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1985
  • Subdivision Name: other
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48313:18193
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Programmable Thermostat
  • Living Area: 7588.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Cleared
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: MADISONVILLE ELEMENTARY SCHOOL
  • Junior High Dist: 175 - Madisonville Consolidated
  • High School: MADISONVILLE HIGH SCHOOL
  • Middle Or Junior School: MADISONVILLE JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Feb 13, 2025
Sold by
Bought by
Seller's Agent
Myrna Lopez
Beyond Real Estate
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Outstanding Balance
$420,061
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Mustang Title
-- Landmark Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $426,000
Previous Owner $292,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold -- -- --
11/27/2024 11/27/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $595,000 -- $78 / Sq Ft
Source: Houston Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,270 $501,220 $38,800 $462,420
2024 $100 $490,460 $38,800 $451,660
2023 $10,181 $497,180 $38,800 $458,380
2022 $10,744 $475,740 $38,800 $436,940
2021 $8,622 $355,910 $16,250 $339,660
2020 $8,552 $358,190 $16,250 $341,940
2019 $8,552 $358,190 $16,250 $341,940
2018 $8,381 $360,450 $16,250 $344,200
2017 $8,434 $362,730 $16,250 $346,480
2016 $8,414 $365,010 $16,250 $348,760
2015 -- $367,290 $16,250 $351,040
2014 -- $378,490 $16,250 $362,240
Source: Public Records

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Map

Source: Houston Association of REALTORS®

MLS Number: 22593779

Houston Association of REALTORS®
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