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Days30Days on Market
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$2,900,000

5978 Milam Lane, Burlington, TX, 76519

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size365.08 acres

Land Information

APN108661
SubdivisionH Purdon
Land UseVacant Land
Legal DescriptionA0015BC H PURDON, 2,3,4,5, ACRES 365.08 2,3,4,5,
Census Tract020102
Assessed Land Value$109,812
Assessed Improvement Value$128
Assessment Year2025

About this property

Located in Bell County, Texas, this approximately 365 acre property offers an outstanding combination of productive farmland, abundant water resources, and natural beauty. With a mix of open, tillable ground and scattered hardwoods, the property is well-suited for a variety of agricultural operations, including row crop production, cattle grazing, and diversified farming. Water is a significant asset to the ranch, featuring multiple ponds, a wet weather creek, and a live creek that provide reliable water sources for livestock and contribute to the property's agricultural functionality. Whether expanding an existing operation or establishing a new one, the acreage offers the scale and layout needed to support productive use. The combination of fertile ground and available water makes this property well-suited for agricultural endeavors. In addition to its farming potential, the property supports an abundance of native wildlife commonly found in Central Texas, including whitetail deer, turkey, and other game species. The diverse habitat creates excellent opportunities for hunting and wildlife management without compromising the property's agricultural value. The size and layout of the property also provide flexibility for future improvements, subject to applicable regulations and buyer preferences. Buyers are encouraged to verify all information, including acreage, utilities, restrictions, taxes, and intended uses, through their own independent due diligence.

Investor Tools

Property Icon
$109,940
Estimated Property Value
$0Estimated Mortgage Balance
$109,940Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

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Jonathan Wise

Whitetail Properties Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$866
$109,940
2025
$109,812
$128
$1,700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$866
$109,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$109,940
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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: Burlington

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5978 Milam Lane | Property Details | No Agent List