
$1,044,460
NAL Estimated Property Value404 N Milam St, Fredericksburg, TX, 78624
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About this property
100 year old Milam House. 1,625 SF Four Square 2-story home. 3 bedroom 1 bath. Historically accurate shutters, 120 SF front porch and picket fence. Walk to downtown. 3 blocks to Main ST. 1 block to Historic District. Massive century old oaks. Move in ready as is. Update to your taste. Excellent buy, hold and rent. Rent at $1,500-$1,600 monthly “as is”. Large 0.29 acre lot with room for guest house, garage, garden and/or expansion. 114 feet frontage. All Fredericksburg schools within 1.2 miles.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Fredericksburg
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