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Mixed-Use Property with Apartment
New
For Sale
$699,000

303 S Madison Street, Madisonville, TX 77864

Commercial, Madisonville, TX

Property Size5,601 SF
Lot Size0.83 Acres
Price / SF$124.80
Days on Market2

Property Features for 303 S Madison Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Madison
Elementary school district Madisonville
Middle school district Madisonville
High school district Madisonville
Directions From I-45 exit #142 in Madisonville. Follow ramp to light and turn left heading toward Bryan/College Station on Hwy 21 (aka Main Street). Continue approximately 2.5 miles to Madison St. and turn left (Hwy 90). Travel 2 blocks to property on the left.
Standard status Active
APN 303 Madison 303
Size 5,601 SF
Lot size 0.83 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Mixed-Use Components residential, commercial
Property Use Commercial
Condition Turnkey

Amenities

break area
restrooms
rear entrance

Building Details

Year built 1935
Buildings 3
Listing Agency: DBL Real Estate
Listed By: Virginia Gainer · License #0587157
Added: Nov 4 Last Checked: Nov 5 at 2:06PM
MLS# 26012867

Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

At 303 S Madison Street, this mixed-use property combines an upper-level 2,000-square-foot, three-bedroom, two-bath apartment with 4,000 square feet of ground-floor commercial space. The apartment has a deck, dedicated tenant parking, and updated HVAC. The commercial floor includes four office spaces, a break area, restrooms, and a rear entrance, as well as an operating salon.

A separate 2,400-square-foot shop has 16-foot walls and can be divided into two units. The property occupies 0.8283 acres in downtown Madisonville. Built in 1935, it is identified as being in the city retail district.

Key Highlights

  • 0.8283‑acre site in downtown Madisonville
  • 2,000‑square‑foot upstairs apartment with 3 bedrooms, 2 bathrooms, a deck, and updated HVAC
  • 4,000‑square‑foot ground floor includes four offices, a break area, restrooms, and an operating salon

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Furniture & Home Goods Carpet & Flooring Store Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby

Demographics for 77864, TX

7,243
Population
3,361
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
79%
High-School Grad
178.8 sq mi
ZIP Area
41
Density / Sq Mi
$63,719
Median Household Income
$33,269
Median Earnings
$765
Median Rent
$131,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A second-floor rental apartment sits above commercial space with offices, a salon, and a separate shop.
Where is this mixed-use property located?
The property is located at 303 S Madison Street Madisonville, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 0.8283‑acre site in downtown Madisonville; 2,000‑square‑foot upstairs apartment with 3 bedrooms, 2 bathrooms, a deck, and updated HVAC; 4,000‑square‑foot ground floor includes four offices, a break area, restrooms, and an operating salon
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