Active · HAR MLS #38139722
303 S Madison Street
$699,000303 S Madison Street, Madisonville, TX 77864
Listed by DBL Real Estate. Milica is your buyer contact.
A closer look.
From the listing brokerage.
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.
Property details.
- Property type
- Single Family Residence
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 3
- Living area
- 5,601 sq ft
- Year built
- 1935
- Lot size
- 0.8283 acres
- Stories
- 2
- New construction
- No
- Subdivision
- City/Madisonville
- MLS number
- 38139722
- Listing brokerage
- DBL Real Estate
- Listed
- Oct 23, 2026
Interior & exterior features
- Cooling
- Electric
- Heating
- Electric
- Exterior
- Wood Siding
- Roof
- Composition
- Water
- Public
- Sewer
- Public Sewer
Only details supplied in the HAR record are shown.
Room by room.
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second | 13 × 13 |
| Bath | Second | Not provided |
| Bedroom | Second | 12 × 12 |
| Primary Bedroom | Second | 12 × 12 |
Schools from the listing.
- Elementary school
- Madisonville Elementary School
- Middle school
- Madisonville Junior High School
- High school
- Madisonville High School
- School district
- 175 - Madisonville Consolidated
School assignments are reported by the listing brokerage. Verify current attendance eligibility directly with the school district.
Taxes & association dues.
Historical MLS-reported amount. Future taxes can differ; verify with the appraisal district.
Association dues were not supplied. This does not establish that the property has no HOA.
THE LOCATION MATTERS
Madisonville
303 S Madison Street, Madisonville, TX 77864
Discuss the location, property condition and your next steps with Milica.
Explore neighborhood guides ↗Checked Nov 13, 2026, 4:21 PM CT. MLS record updated Oct 29, 2026. Availability and details may change.
Listing data from Houston Association of REALTORS® via Repliers. Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.