$695,000
Active
15 Days Online
0 Beds0 Baths3,346 SQFT
Active

5 Manning Lane Madisonville, TX 77864

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*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

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMadison
  • Taxes$8,822
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID Number223025
  • Home Size Source Appraiser
  • Year BuiltN/A
  • Lot Size11.8 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick Veneer
  • Parking CarportOtherSee Remarks
  • Sewer None
  • Number of Stories 11
  • Acreage 11.8
  • Water Public
  • Utilities Water AvailableSewer Not Available
  • Zoning R

Interior Features

  • Cooling Central Air
  • Heating Central

Exterior Features

  • Roof Composition
  • View Water
  • Waterfront Property No
  • Lot Cul- De- Sac
  • Road Frontage Private Road

Schools

School District
Madisonville ISD
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,710
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