1 W Manning Lane

Madisonville, TX 77864
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4 Bedroom(s)
1,652 Sqft. ($363/Sqft.)
Multi-Family

Audio narrative

Description

*Square footage noted is only for the duplex. 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, 45 minutes from Huntsville and 45 minutes from Bryan/College Station. 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

MLS#
WARTX-223206
List Price
$599,000 ($363/Sqft.)
Listing Status
For Sale
Address
1 W Manning Lane
State
TX
Zip Code
Subdivision
Multiple Surveys
Legal Description
A0010 JOB S COLLARD TRACT 67-4 1. ACRES
Property Type
Multi-Family
Bedroom
4 Bedroom(s)
Building Size
1,652 Sqft/Appraisal District
Architecture Style
Other
Year Built
1989 /Appraisal District

Exterior

Roof
Composition
Exterior Type
Brick, Brick Veneer
Parking
Carport
View Type
Water
Other Stucture
Storage
Exterior
Covered Patio, Patio, Storage

Interior

Heating
Central Furnace
Appliances
Range

Rooms

Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4,

Lot information

Lot Size
Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Waco Association of REALTORS®
Source last updated Jul 16, 2024 at 02:20 PM
Listing last updated Jul 15, 2024 at 02:19 PM

1 W Manning Lane, Madisonville, TX 77864. View photos, map, tax, nearby homes for sale, home values, school info...