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$1,075,890

NAL Estimated Property Value

2649 County Road 342, Milano, TX, 76556

Off MarketInfo
Baths0 Bath
Baths972 Sq Ft
price_per_sqft$771.6 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size121.57 acres

Land Information

APNR26433
Land UseAgriculture / Farming
Legal DescriptionA3770 WELCH, JAMES,121.569 ACRES
Census Tract950500
Assessed Land Value$1,075,890
Assessment Year2025

About this property

This beautiful ranch has its own little mountain. There is a very high hill near the front of the property with one mile plus views of the surrounding countryside. This hill has very pleasant southerly breezes on those hot Texas summer days! It will make an excellent homesite, a great place to relax and enjoy the cool breeze and beautiful view! Stunning elevation changes of over 80' from the front to the rear of the property! Build your dream home, cabin or shop in a private, but towering location! This property is mostly wooded, with lots of large oak and other native trees. It also has some open areas. There are lots of pasture roads and trails that transverse this ranch. They are great for 4 Wheelers, ATVs, horseback riding, hiking, birdwatching and exploring the beauty of this place. A wet-weather creek traverses the property as well and may be a great spot for recreation or future ponds. This area offers excellent hunting opportunities with good populations of Whitetail deer, feral hogs, small game animals, predators and game birds. The wooded areas are also home to many varieties of song birds. This property is private and quite but easy to get to, just 2.4 miles off Hwy 36 on Milam County Road 342 near Milano. There is electricity on the property and a Milano water Line runs along CR 342. This ranch is fenced and is Ag exempt. Minerals may convey. Beautiful property, beautiful homesite---just waiting for someone to enjoy it! Acreage is approximate, new survey will be required.

Investor Tools

Property Icon
$1,075,890
Estimated Property Value
$0Estimated Mortgage Balance
$1,075,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,455 /month
Positive
Cash Flow Estimate:
$2,152 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$227
$1,075,890
2025
$1,075,890
N/A
$1,075,890
No

Tax History

Year
Tax Paid
Assessed Value
2025
$227
$1,075,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,075,890
100%
0%
$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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2649 County Road 342 | Property Details | No Agent List