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Investment Highlights

  • Positioned for adaptive reuse or phased redevelopment with existing infrastructure and paved access points.
  • Commercial zoning potential, currently single-family residential; buyer verification required.
  • Premier location near Interstate 45 and State Highway 21, supporting regional reach.
  • Flexible redevelopment profile suitable for a variety of uses including education, healthcare, and mixed-use.
  • Located close to schools, retail corridors, and public services for future development synergy.
  • Approximately 12 contiguous acres within Madisonville city limits with existing utility access.

Executive Summary

This expansive 12-acre tract in central Madisonville offers a rare, large-scale redevelopment opportunity within city limits, supported by existing infrastructure and utility access. Positioned at 300 W School Street, the property boasts proximity to major transportation routes including Interstate 45, State Highway 21, and State Highway 75, ensuring convenient connectivity. Located roughly midway between Houston and Dallas, with easy access to Bryan/College Station, the site benefits from regional growth patterns and increasing development demand.
Ideal for adaptive reuse or phased development, this tract allows flexibility for commercial, institutional, or mixed-use projects. Current zoning is single-family residential; buyer should verify commercial potential. Surrounding neighborhoods, retail centers, public facilities, and established residential areas enhance the appeal for developers, civic entities, and service providers. Madisonville’s growing community offers a strong redevelopment profile suited for residential, educational, healthcare, and other institutional users.

Property Facts

Price $1,180,820 CAD
Price Per SF $39.36 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 12.22 AC
Rentable Building Area 30,000 SF
No. Stories 1
Year Built 2004
Tenancy Single
Zoning SFR - Commercial Zoning Potential
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 32122
  • 34151
Land Assessment
$428,415 CAD
Improvements Assessment
$301,456 CAD
Total Assessment
$729,872 CAD
  • Listing ID: 40756259

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 300 W School St, Madisonville, TX 77864

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