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For Sale

$2,404,500

854 I-45
Madisonville, TX 77864

96 Acre Development Opportunity Located on I-45 in Madisonville, Texas. Madisonville is a fast-growing Rural town situated halfway between Houston and Dallas. This community is well overdue for a Multi-Family Subdivision. This tract provides endless opportunities for just that and offers some Commercial opportunities along the freeway, with 500ft of Feeder road frontage and nearly 1400ft of Short Street frontage, which is shown as a proposed side street from the SH-21 Loop. The Texas SH-21 Relief loop is scheduled to begin in 2024 to help address traffic growth. Traffic through Madisonville is expected to increase from 13,000 to 18,500 vehicles per day by 2035. A relief route would increase regional mobility, moving traffic efficiently to and from I-45. Improve local circulation, reducing the amount of through traffic in the downtown Madisonville area would enhance mobility within the surrounding area. Madisonville School District is only 2 miles from this location. Read More

Market Status
Available
Last Updated
July 28, 2021

Property Type
Land
Architecture
Lots/Acreage
Taxes
141.0

Local Market Conditions

There are currently 18 properties for sale in the Madisonville, TX area with the average listing price of $343,133. This represents an increase of +7.8% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +22.3% increase. To learn more about the Madisonville, TX area, contact a local expert!

Market Snapshot for Madisonville, TX

Avg. Listing Price

$343,133

Wk ending Jul 24

$+24,920

+7.8%

w-o-w

18

10

8

2

Average Listing Price for Madisonville, TX
No. BedroomsNo. Beds Week Ending
(Jul 24)
w-o-w Week Ending
(Jul 17)
Week Ending
(Jul 10)
Week Ending
(Jul 3)
All PropertiesAll $343,133 +7.8% $318,213 $968,024 $935,023
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $524,500 +22.3% $429,000 $429,000 $429,000
3 bedrooms3 BR $299,250 +4.7% $285,944 $604,278 $606,945
4 bedrooms4 BR $278,880 +11.6% $249,967 $249,967 $249,967

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Listing Provided By:

Kolby Wells

Top Guns Realty on Lake Conroe

Phone
This $2,404,500 Land at 854 I-45 in Madisonville, TX is offered by Kolby Wells. This $2,404,500 Land, located in the 77864 zip code, has the following property features: Taxes. This 854 I-45 Land is listed under MLS listing number 27202996 and has a listing price of $2,404,500. You can find more Madisonville homes for sale here.

Data Provided by Houston Association of Realtors