Positioned in the heart of Madisonville, this exceptional 9+ acre tract presents a rare opportunity for developers and investors seeking scale, infrastructure, and location--all in one.
With access to city water and sewer, this property removes major development hurdles and accelerates your path from concept to construction. The layout is ideally suited for a residential buildout, offering the potential for approximately 28 single-family home sites, while still leaving room for thoughtful design elements that elevate value.
What truly sets this property apart is its flexibility. Beyond traditional single-family development, the land supports a wide range of possibilities--including townhomes or build-to-rent communities--making it a strong candidate for long-term portfolio growth. Additionally, the natural layout lends itself perfectly to incorporating green space, walking trails, or a central community area--features that today's buyers and renters actively seek.
Whether you're looking to develop and sell, build and hold, or create a mixed residential concept, this property offers the foundation to execute a high-performing project in a growing market.
Additional acreage can be purchased as well.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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