Improved Mixed-Use Land for Sale in Madisonville, Texas

5 Manning Ln Madisonville, TX 77864

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$695,000
11.8 acres
Active sale agoEst $4,509/mo

*Square footage noted is only for the triplex. This consists of 4 properties being sold together.*

Investment Opportunity in Madisonville, TX: Multi-Residence Property on Nearly 12 Acres

Discover an amazing and unique investment opportunity in the heart of Madisonville, TX! This expansive property features four residences, providing a variety of rental options and income potential. The main house is a charming 1.5-story single-family home, beautifully updated with granite countertops and new kitchen cabinets. In addition, there is a cozy 2-bedroom, 2-bathroom single-family residence, a fully rented duplex on a month-to-month basis offering steady rental income, and a triplex with additional rental units to maximize your investment returns.

Situated on almost 12 acres with road frontage on two sides, this property offers ample room for expansion and development. The stunning pond at the back of the property provides a serene setting, perfect for creating a retreat or enhancing tenant appeal. Located within city limits, residents can enjoy convenient access to city amenities while being close to all local attractions. The property is approximately 90 minutes from Houston and 45 minutes from Bryan/College Station, making it an ideal location for commuters or those seeking a peaceful yet connected lifestyle.

Don't miss out on this incredible investment opportunity to own a versatile and income-generating property in Madisonville, TX!

Includes Address's 1,4,5 & 6 W. Manning Lane; PID#s 17254, 17253, 17256 & 28251

3,346
Sq feet

Property details

Coordinates
30.9364, -95.9101
Zoning
R
Elevation
282 feet
MLS Number
WAR 223025
Date Posted

Legal description

Parcels

  • 17254

Property taxes

2023
$8,823

This 11.8-acre property is located at 5 Manning Ln in Madisonville, TX 77864 with latitude 30.9364 and longitude -95.9101. The property is currently available for sale for $695,000. It has a 3,346 sq ft structure. Listing data is sourced from Waco Association of Realtors # 223025.

Verify sale details at the property source or contact White Label Realty at (830) 387-9224.

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Copyright (C) 2024 Waco Association of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 51 minutes ago. Parcel data by Regrid.

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