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$152,880

NAL Estimated Property Value

600 S Mary Street, Madisonville, TX, 77864

Off MarketInfo
Beds— Beds
Baths— Bath
Baths2,100 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size37,200 sqft

Building Information

Year Built2012

Land Information

APNR-0010-000-1341-901
Land UseCommercial
Legal DescriptionA0010 JOB S COLLARD TRACT 134-1 .854 ACRES SHOP BUILDING
Census Tract000400
Assessed Land Value$72,320
Assessed Improvement Value$80,560
Assessment Year2025

About this property

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.

Investor Tools

Property Icon
$152,880
Estimated Property Value
$0Estimated Mortgage Balance
$152,880Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,133
$152,880
2025
$72,320
$80,560
$152,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,133
$152,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,880
100%
0%
$0/mo

City: Madisonville

600 S Mary Street | Property Details | No Agent List