201 N May St Madisonville, TX 77864
Estimated payment $8,290/month
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
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,159
Lot Details
- Property fronts a highway
- Level Lot
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $944,000 | New Conventional |
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