$1,299,000

201 N May St Madisonville, TX 77864

Estimated payment $8,290/month

Total Views 1,563
2.51 Acres
$517,530 Price per Acre
109,336 Sq Ft Lot

About This Lot

Prime Commercial 2.51+/- ACRE Lot Available with Hwy 75 Frontage in the Heart of Madisonville Offering 2 Existing Buildings. Previously a car dealership and service center featuring Building #1 with 8470 Square-feet of office, showroom, and service garage space and Building #2 a separate 3-bay workshop area with 3420 Square-feet. The property is situated near a local chain grocery store, local restaurants, retailers, and daily conveniences. This highly visible location receives tremendous exposure to the daily local traffic and commuting vehicles to and from Hwy 75 and Hwy 21 and is within minutes from I-45 access. This expanding community is currently experiencing the widening of Hwy 21, and a proposed project of TX Dot known as the SL 1853 Relief Route, located south of the City of Madisonville. This lot is within one of the fastest-growing rural submarkets in the Houston to Dallas corridor with a central location in the BCS to Palestine region. BCS MLS #24017700

Listing Agent

Don Hatcher

DBL Real Estate Listed on: 12/17/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,159

Lot Details

  • Property fronts a highway
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$17,159

Lot Details

0

Listing Details

  • Office Phone: 936-937-2814
  • Listing Website: https://www.land.com/property/2.51-acres-in-madison-county-texas/22213722/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt, City, U.S. Highway
  • Fencing: None

Lot Info

  • Lot Description: Acreage, Level

Multi Family

  • Utilities Available: City Sewer, City Water

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $17,159 $838,920 $410,850 $428,070
2023 $18,045 $881,250 $410,850 $470,400
2022 $18,879 $836,000 $138,440 $697,560
2021 $16,635 $686,650 $88,330 $598,320
2020 $17,280 $723,750 $88,330 $635,420
2019 $17,290 $724,170 $88,330 $635,840
2018 $16,586 $713,320 $88,330 $624,990
2017 $16,140 $694,130 $54,640 $639,490
2016 $16,016 $694,760 $54,640 $640,120
2015 -- $570,450 $54,640 $515,810
2014 -- $570,410 $54,640 $515,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 For Sale $1,299,000 -- --

Purchase History

Date Type Sale Price Title Company
Deed -- Walker County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $944,000 New Conventional
Source: Public Records