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$653,400

251 County Road 344 Loop, Milano, TX, 76556

$849,420 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.82 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range, Self Cleaning Oven, Washer, Washer/Dryer, Electric Water Heater
FlooringCarpet, Concrete, Laminate, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Lighting, Playground, Private Entrance, Private Yard
Lot Size20.32 acres

Building Information

Year Built2006
Garage Spaces2

Land Information

APNR74735
Land UseResidential
Legal DescriptionA1290 COTTLE, JOSEPH,20.316 ACRES
Census Tract950500
Assessed Land Value$271,220
Assessed Improvement Value$382,180
Assessment Year2025

About this property

Country Living at its best, offering just over 20+ Unrestricted acres. Horse ready with fenced area, barn with 2 stalls and tac room. Home offers 4 bedrooms, built in desk area,2 full bathrooms and attached 2 car garage. Spacious primary bedroom with high ceilings, private access to back patio, walk-in closet and relaxing primary bathroom with soaking tub and walk in shower. The kitchen offers open concept that is perfect for entertaining guests, giving you a gracious amount of counter space making it perfect for meal time!Enjoy cozy evenings around the white brick fireplace. The natural light flows through every room in the home. The home has perimeter fencing around the house allowing to keep pets fenced in. The owners have started a guest house that has the water and power ran to the building that is ready for you to finish out to your preference. Gardeners delight with two green houses, fenced garden area with raised beds and drip system, multiple fruit trees include peach, apple, pear, nectarine are just a few to mention.

Investor Tools

Property Icon
$653,400
Estimated Property Value
$675,000Estimated Mortgage Balance
$5,829Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$849,420
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,094
$653,400
2025
$271,220
$382,180
$653,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,094
$653,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$675,000
No
First
Feb 2, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$648,632
$7,368
1%
99%
$4,047/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,571/mo
$4,047/mo
$-2,476/mo
2.9%

Learn About the Market: Opportunity in Texas

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Explore

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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251 County Road 344 Loop | Property Details | No Agent List