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5 Manning Lane

Madisonville, TX 77864

$ 650,000

5 Manning Lane, Madisonville, TX 77864

$ 650,000
5 Manning Lane,
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SqFt
3,346

Acres
11.80

Map

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Description

*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

Location

Street Address: 5 Manning Lane
Zip Code: 77864
County:
School District: Madisonville ISD
Country: United States
Legal Description: A0010 JOB S COLLARD TRACT 67-3 8.63 ACRES

Listing

Status:
MLS: # 223025
List Date: 2024-05-19
Original List Price: $695,000
Property Tax: $8,822.93
Property Tax Year: 2023
Shown By: Bentwood Realty

Showing Office Phone: (254) 300-4800

List Office: White Label Realty
List Office Phone: 254-870-4044
SqFt Source: Appraisal District

Property

Garage/Parking: Carport, Other, See Remarks
Construction: Brick Veneer
Roof: Composition
Stories: 1
Lot Features: Cul De Sac
View: Water
Cooling: Central Air
Heating: Central Heat
Utilities: Water, No Sewer
Road Frontage: Private Road
Water Source: Public

Features/Misc

Amenities and Features

Exterior Features
Has a View
Has Carport
Mechanical and Delivery
Central Air
Central Heat

The database information herein is provided from the Waco Association of Realtors (WAOR). WAOR data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2023 WAOR. All rights are reserved. Listing Updated: 2024-06-11 @ 02:37:02.377

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