Address
854 I-45 S Madisonville, TX
Price
$ 2,404,500
Property Attributes
  • MLS#27202996
  • TypePending
  • CountyMADISON
  • CityMadisonville
  • Area52
  • Zip77864
  • Style
  • Taxes$ 141
  • Price$ 2,404,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size96.18 Acres
Listing Provided Courtesy Of:
Top Guns Realty on Lake Conroe
Data Source:
Houston Association of REALTORS® (HAR) - 67 - TX
Property Description

96 Acre Development Opportunity Located on I-45 in Madisonville, Texas. Madisonville is a fast-growing Rural town situated halfway between Houston and Dallas. This community is well overdue for a Multi-Family Subdivision. This tract provides endless opportunities for just that and offers some Commercial opportunities along the freeway, with 500ft of Feeder road frontage and nearly 1400ft of Short Street frontage, which is shown as a proposed side street from the SH-21 Loop. The Texas SH-21 Relief loop is scheduled to begin in 2024 to help address traffic growth. Traffic through Madisonville is expected to increase from 13,000 to 18,500 vehicles per day by 2035. A relief route would increase regional mobility, moving traffic efficiently to and from I-45. Improve local circulation, reducing the amount of through traffic in the downtown Madisonville area would enhance mobility within the surrounding area. Madisonville School District is only 2 miles from this location.

Elementary School Middle School High School
Madisonville Elementary School Madisonville Junior High School Madisonville High School
Price History
5/28/2021 Listed $2,404,500

General Features

Acres 96.18
Disclosures No Disclosures
Elementary School MADISONVILLE ELEMENTARY SCHOOL
Finance Available Cash Sale, Conventional, Exchange or Trade, Investor
Geo Market Area Madisonville Area
High School MADISONVILLE HIGH SCHOOL
Middle School MADISONVILLE JUNIOR HIGH SCHOOL
Property Type Country Homes/Acreage
Road Frontage County Maintained, State Highway
School District 175 - Madisonville Consolidated
Status Option Pending
Subdivision na
Tax Amount 141
Tax Rate 1.7287
Topography Rolling

Interior Features

Total Baths 0.00

Exterior Features

Land Use Cattle Ranch, Horse Farm, Horses Allowed, Hunting, Leisure Ranch, Other
Miles to Houston 95
Private Pool Y/N No
Road Surface Asphalt, Dirt
Water Sewer Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 77864

Price
AVG $480K
$2.4M
Taxes
AVG $2,258
$141
Visits
AVG 34
70

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