Prime Commercial Lot Available with Hwy 75 S Frontage. Offering 1480 Square-feet of retail space, 3 lumber storage buildings totaling approximately 9,200-square-feet which is in place based on the current business needs. This highly visible location receives tremendous exposure to the daily local traffic and commuting vehicles to and from Hwy 75, Hwy 21, Hwy 90 and is within minutes from I-45 access. The property is situated next to a new coffee chain store, down the street from a grocery store and ample local restaurants, retailers, and daily conveniences amenities. The new owner can benefit from the strong existing and surrounding consumer base, with over 50 years of established business in Madisonville. Additionally, Dean Lumber is located within one of the fastest-growing rural submarkets in the Houston to Dallas corridor with a central location in the Bryan/College Station to Palestine region.

General Description

MLS#:

46777274 (HAR)

Sold Price Range:

$420,001 - $482,000

Listing Status:

Sold

Address:

710 S May St

City:

Madisonville

State:

TX

Zip Code:

77864

County:

Madison County

Subdivision:

NA

Legal Description:

A0010 JOB S COLLARD TRACT 202 1.75 ACRES A0010 and TRACT 23

Property Type:

Lots

Lot Size:

2.58 Acres 10,441(m²) /Appraisal District

Market Area:

Madisonville Area

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Exterior Features

Lot Description:

Other

Water Sewer:

Public Sewer, Public Water

Cable:

Unknown

Phone:

Available

Gas:

Availability Unknown

Electric:

Electric Available

Road Surface:

Asphalt

Area Pool:

No

Assigned School Information

District:	Madisonville CISD
Elementary School:	Madisonville Elementary School Good |
Middle School:	Madisonville Junior High School Good |
High School:	Madisonville High School Excellent |

School 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.

Listing Broker: DBL Real Estate
Email Listing Broker

Selling Broker: DBL Real Estate
Last updated as of: 06/24/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$154.45	$228,580	16.96%	$228,580	16.96%
2022	$132.05	$195,430	34.35%	$195,430	34.35%
2021	$98.28	$145,460	-4.34%	$145,460	-4.34%
2020	$102.74	$152,060	-0.01%	$152,060	-0.01%
2019	$102.76	$152,080	0.51%	$152,080	0.51%
2018	$102.24	$151,310		$151,310

2023 Madison County Appraisal District Tax Value
Market Land Value:	$92,770
Market Improvement Value:	$135,810
Total Market Value:	$228,580

2023 Tax Rates
MADISONVILLE CONS ISD:	0.8738 %
MADISON COUNTY:	0.4800 %
CITY OF MADISONVILLE:	0.6939 %
Total Tax Rate:	2.0477 %

 

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$ 2,288Monthly

Principal & Interest

$ 2,288

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