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$595,000

NAL Estimated Property Value

103-105 E Wells Street E E A-D, Madisonville, TX, 77864

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths7,588 Sq Ft
Multi FamilyMulti Family
price_per_sqft$78.41 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesRange, Dishwasher, Refrigerator
FlooringLaminate

About this property

Discover a fantastic investment opportunity with these two updated 4-plexes, conveniently located just 2 blocks from the bustling Madisonville town square. Enjoy easy access to grocery stores, shopping, St. Joseph's Hospital, restaurants—making this a highly desirable area for renters. Each 4-plex features a smart layout with two 2-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, totaling 8 rental units across both buildings. All units have been thoughtfully updated to enhance comfort and appeal. Key highlights include: central AC/heat replaced within past 5 years, most water heaters and dishwashers have been replaced, vinyl flooring, newer dishwashers. The owner currently covers water and lawn care for both buildings, streamlining property management. Contact an agent today to schedule a showing and take the first step toward enhancing your investment portfolio!

Investor Tools

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Madisonville

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103-105 E Wells Street E E A-D | Property Details | No Agent List