303 S Madison Street, Madisonville, TX 77864

Madisonville
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

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
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

New listings near 303 S Madison Street