5574 FM 247, Midway, TX 75852 Property Records

Madison County property record for 5574 FM 247, Midway, TX 75852

Property Summary

Property TypeCommercial
Details2 ba · 900 sqft · built 2024
Lot Size0.94 acres (40,946 sqft)
Owner2 Individual Names on File
Tax Bill$3,670 (2026)
Deeds & MortgagesMar 2023 Mortgage
APNR-0247-000-0445-901

Property Details

APN / Parcel Number

Primary APNR-0247-000-0445-901
Alternative APN
  • 38555

Interior

Full Baths2 Baths
Building Area900 sqft Total Area

Exterior

Year BuiltBuilt 2024
Effective Year BuiltEffective 2024
Lot Area40,946 sqft (0.94 acres)
Lot Dimensions165 ft deep x 134 ft wide

Location & Zoning

Account Number38555
Street Address5574 FM 247
CityMIDWAY
StateTX
Zip75852
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionA0247 JESSE YOUNG TRACT 44 .94 ACRES
Legal Tract44
JurisdictionMADISON TX
Township / Civil DivisionMIDWAY
Census Block Group2
Census Block2017
Census Tract100

Owner

5574 FM 247, a commercial property, is owned by two individuals.

Source: Madison County records, as of September 23, 2026

Owner of Record2 Individual Names on File
Mailing Address6850 FERGUSON LN, MIDWAY, TX 75852-2919
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedOct 29, 2026

March 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON TX
Property Address5574 FM 247, MIDWAY, TX 75852
Transaction TypeMortgage
Record UpdatedApr 19, 2023
Title CompanyMUSTANG TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address6850 FERGUSON LN, MIDWAY, TX 75852-2919

Mortgage

Document Number0001918/93
DateMar 23, 2023
Book Page1918/93
Instrument120866
Lender
NameFIRST STATE BANK
TypeBank
AddressBEDIAS, TX 77831
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term180 Months
DueMar 22, 2038

Tax Assessment & Valuation

The 2026 property tax bill for 5574 FM 247 was $3,670, up 14.5% from the year before.

Source: Madison County assessment roll, as of January 21, 2026

Property Jurisdictions

TypeName
StateTexas
CountyMadison County
MunicipalityMidway City
Unified School DistrictMadisonville Consolidated Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$3,670.00 (+14.54%)$270,780 (+14.5%) Land $58,110 Building $212,670$270,780 (+14.5%) Land $58,110 Building $212,670
2025$3,204.00$236,490 Land $21,680 Building $214,810$236,490 Land $21,680 Building $214,810
2023$158,950 Land $19,030 Building $139,920$158,950 Land $19,030 Building $139,920
2022$2,288.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 5574 FM 247.

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 5574 FM 247 is moderate, ranking above 48% of the US, with a 0.1% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskModerate
above 48% of the US · lower than 77% of Texas
Wildfire Likelihood0.1% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MIDWAY
serves 173 people · EPA ID TX1570003
Water SourceGroundwater
Last State InspectionJul 2025
LeadUnder 1 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Jul 2025
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 49 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Starlink
Satellite
280 / 30
Nextlink
Fixed Wireless
100 / 20

May also be available: T-Mobile.

Nearby Properties on FM 247

Nearby Streets

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