$1,299,000
For Sale

201 N May Street

Madisonville, TX 77864
Browse 47 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesGas Availability Unknown, Cable Unknown, Electricity Available
      • Lot DescriptionOther, 2 Up to 5 Acres, Other Lot Improvements
      • School District175 - Madisonville Consolidated
      • Middle SchoolMadisonville Junior High School
      • Elementary SchoolMADISONVILLE ELEMENTARY SCHOOL
      • High SchoolMADISONVILLE HIGH SCHOOL
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • MLS #58646975
      • MLS #58646975
      • CountyMadison
      • Taxes Annual$17,179
      • Cost1299000
      • Utility SourcePublic
      • Acres2.501
      • Property SubtypeLots

Location

Pam Rogers | RealReal
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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