Excellent Opportunity - Commercial Building inside Madisonville City Limits showcases an ideal location with access to city utilities and major thoroughfares in this busy commercial hub. Zoned for multifamily housing, buyer should verify with the city any plans in this area for Commercial, Office Condo, or Residential Development. Just under an acre, .85-acre property offers a 3500 SF metal building plus porch; 1500 SF main area, 600 SF of additional main area, 1000 SF shop area, 400 SF additional shop area and 100 SF of porch area. There are four roll up over head doors, office area and break room area. The adjoining 3 Acre lot fronting Bacon St. is also available for purchase (ML# 81105892) if you need more land. Previously used as a auto repair shop, update and hold or redevelop this property. Located minutes from I-45, the Houston-Dallas Corridor and Hwy 21, the Bryan/College Station-Palestine Corridor, this property offers a convenient location with unlimited opportunity.
District: | Madisonville CISD |
Elementary School: | Madisonville Elementary School Good | |
Middle School: | Madisonville Junior High School Good | |
High School: | Madisonville High School Excellent | |
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $51.98 | $109,150 | 6.20% | $109,150 | 6.20% |
2022 | $48.94 | $102,780 | 24.46% | $102,780 | 24.46% |
2021 | $39.32 | $82,580 | -3.11% | $82,580 | -3.11% |
2020 | $40.59 | $85,230 | -15.46% | $85,230 | -15.46% |
2019 | $48.01 | $100,820 | 0.81% | $100,820 | 0.81% |
2018 | $47.62 | $100,010 | $100,010 |
2023 Madison County Appraisal District Tax Value |
|
---|---|
Market Land Value: | $16,940 |
Market Improvement Value: | $92,210 |
Total Market Value: | $109,150 |
2023 Tax Rates |
|
---|---|
MADISONVILLE CONS ISD: | 0.8738 % |
MADISON COUNTY: | 0.4800 % |
CITY OF MADISONVILLE: | 0.6939 % |
Total Tax Rate: | 2.0477 % |