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303 S Madison Street, Madisonville, TX 77864

Madisonville
Local realty services provided by:CENTURY 21 Lucky Money Real Estate
303 S Madison Street,Madisonville, TX 77864
$699,000
  • 3 Beds
  • 5 Baths
  • 5,601 sq. ft.
  • Single family
  • Active
Listed by: virginia gainer, lisa taylor
Office: dbl real estate936-348-9977
MLS#:38139722
Source:HARMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$124.8

About this home

Timberwilde Terrace is a Prime Income-Producing residential/commercial mixed-use property on .82 acres in Downtown Madisonville offering 3 functional buildings. This versatile investment features two structures, highlighted by a large main building with distinct dual-income streams. The second floor features a spacious, well-maintained 2,000 S.F. 3BR/2BA apartment currently used as a rental, with a deck, dedicated tenant parking, and an updated HVAC system. The 4,000 sq. ft. ground floor is configured for commercial use with 4 flexible office spaces, a break area, restrooms, and a rear entrance—including an active salon and unlimited potential for the remaining space. Adding incredible utility, the property includes a 2,400-S.F. shop with 16' walls that can easily be divided into two separate units. Currently zoned in the city retail district, this property has easy access and excellent street visibility making this multi-tenant property is a turnkey addition to your portfolio.

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Home facts

  • Year built:1935
  • Subdivision & Development:City/Madisonville
  • Listing ID #:38139722
  • Updated:October 29, 2026 at 04:37 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:5
  • Full bathrooms:2
  • Half bathrooms:3
  • Rooms Total:4
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range
  • Living area:5,601 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1935
  • Building area:5,601 sq. ft.
  • Lot area:0.83 Acres
  • Lot Features:Cleared
  • Construction Materials:Wood Siding
  • Exterior Features:Porch
  • Foundation Description:Pillar Post Pier, Slab
  • Levels:2 Stories

Schools

  • High school:MADISONVILLE HIGH SCHOOL
  • Middle school:MADISONVILLE JUNIOR HIGH SCHOOL
  • Elementary school:MADISONVILLE ELEMENTARY SCHOOL

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$124.8
  • Tax amount:$12,268 (2026)

Features and amenities

  • Appliances:Dishwasher, Electric Oven, Electric Range

Parking

  • Parking description:Attached Carport
  • Carport spaces:2
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