4 months on rocket

305 N Panama St, Madisonville, TX, 77864

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,416 SqFt
$72/SqFt
House

Location

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305 N Panama St, Madisonville$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
HeatingNone
CoolingNone
MLS #15324038
Lot Size0.72 Acres
StatusActive

About 305 N Panama St

Three lots plus 2 acres in Madisonville city limits. The 3 lots are located on N Panama and the 2-acre tract is directly behind the lots but also has access on Collard Street. An incredible investment opportunity for an investor or a family looking for a project. The house will need repairs before occupied. Windows are broken and there is roof damage in part of the home. There are many possibilities for the property, and it is just waiting for a buyer to realize the potential and begin the transformation.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Living Area: 2,416 SqFt

Listing Office:

  • Office Name: Virginia Price Realty, LLC
  • Office Phone: (936) 661-6498
  • Listing Agent: Virginia Price

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.72 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: From Madisonville head west on Hwy 21, turn right on N. Panama. The property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $72/SqFt
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Housing Market Comparison

See how this home compares to others in Madisonville, TX.

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Madisonville, TX

City

Med. Sold Price

$262K

Med. Price/SqFt

$151

Avg. Days On Market

198

# of Sold Homes

2

305 N Panama St vs Madisonville

133 DAYS ON ROCKET

-65 Days

$175,000

-$87K Less

$72/SqFt

-$79 Less

KEY TAKEAWAY

This property is $87K less than the Median Sold Price and $79/SqFt less than other homes in Madisonville, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #15324038

Listing Office:

  • Office Name: Virginia Price Realty, LLC
  • Office Phone: (936) 661-6498
  • Listing Agent: Virginia Price

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $68,820
2019 - $75,450
2018 - $75,450
2017 - $70,680

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-905403
7
/10

  • Madisonville Intermediate School

  • 926 Raney Ln

  • 1.44 miles

  • Public District Grades 3-5

school-card-donut-905404
5
/10

  • Normangee Elementary School

  • 116 Spur 3

  • 13.11 miles

  • Public District Grades PK-5

school-card-donut-905405
5
/10

  • Iola Elementary School

  • 7282 Fort Worth Ave

  • 15.42 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,955. Typical income of Madisonville, TX residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 N Panama St

What is the listing price of this property?

The listing price of 305 N Panama St property is $175,000.

What type of property is this?

The property 305 N Panama St is a house located in Madisonville, Texas, 77864.

Is this property for sale now?

Active Listing: 305 N Panama St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 305 N Panama St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 305 N Panama St is 2,416 SqFt (source: MLS/tax record).

Rocket Homes›Texas›Madison County›Madisonville›77864›305 N Panama St

This home is located at 305 N Panama St in Madisonville, TX and zip code 77864. This 2,416 square foot home sits on a 0.72 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $175,000.

Over 0 listings were sold over their listed price in November 2024 in Madisonville, TX. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Madisonville, TX between October 2024 and November 2024 increased by 3.4%. While the average time on the market in November 2024 was 198 days, the median list price was $262,000.

From Rocket Homes Real Estate and based on county public records data.

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