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$740,000

NAL Estimated Property Value

3585 CR 342 RD, Milano, TX, 76556

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Small tracts with BIG natural features and charming character are hard to find these days. Mother nature is well at work on this beautiful rural property. It features mostly wooded coverage with an appx 5ac stocked fishing lake, gentle elevation changes and an improved hilltop homesite overlooking the lake through scattered trees. The natural features offered by this property are not easily duplicated and take years to establish. Along with nature's beauty, the property offers good fencing, power, a water well, a small storage building and a comfy 2006 Dutchmen bunkhouse travel trailer for your immediate use and enjoyment. An Agricultural tax exemption (1d1) is in place, which could easily be converted to a wildlife exemption if that is more to your liking. Cattle are currently on the property and there are many trails through out. The property is quiet and well secluded from the county road with its higher elevation and wooded landscape, you can not see into the propety from the road. Shown by appoointment only.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,440 /month
Positive
Cash Flow Estimate:
$1,480 /month

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Financing Details

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

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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3585 CR 342 RD | Property Details | No Agent List