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$342,750

NAL Estimated Property Value

212 County Road 314, Milano, TX, 76556

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,637 Sq Ft
price_per_sqft$181.47 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Dryer, Refrigerator, Washer, Microwave

Exterior

Private PoolPrivate Pool
Lot Size16.58 acres

Building Information

Garage Spaces3

Land Information

APNR16699
Land UseAgriculture / Farming
Legal DescriptionA1720 GOFF, HENRY H.,16.579 ACRES,TRACT 15 (65.179 AC SPLIT W/BURLESON COUNTY)
Census Tract970202
Assessed Land Value$221,330
Assessed Improvement Value$121,420
Assessment Year2025

About this property

A great opportunity to own 70 acres off Highway 36. The front tract hosts a 3,600+ square foot home that would be a great vacation house or weekend hunting retreat. This 4 bed, 4 bath home hosts two living rooms, dining room, and a spacious kitchen. Large backyard. In-ground pool surrounded by trees and beautiful flowers. Three ponds. Currently under ag exemption. The front of the property is open pasture while the back is mainly wooded. The 25+/- acre tract in the back hosts a 1,200 square foot home with 3 beds, 2 baths. This home has great potential. Almost completely wooded with deer feeders in place. Priced to sell!

Investor Tools

Property Icon
$342,750
Estimated Property Value
$65,986Estimated Mortgage Balance
$276,764Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,087
$342,750
2025
$221,330
$121,420
$342,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,087
$342,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spirit Of Texas Bank Ssb
Conventional
$132,000
No
First
Feb 23, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,986
$276,764
80%
19%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Milano

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212 County Road 314 | Property Details | No Agent List