Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Milano Land with Updated Home Title is generated by Realmo AI

    600 West Ave c, Milano, TX 76556

    View on Map
    Claim this Listing
    For Sale
    $400,000

    Updated 2BR home on 10 acres near Hwy 79.

    Type:Land
    Lot size:
    10.00 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 14 at 6:50 am

    Property Features for 600 West Ave c

    General Information

    Standard status
    Active
    Lot size
    10.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Thomas Owens

    Listing agent Thomas Owens License #0611369

    Listing office Pud Owens Realty

    Listing date Apr 14, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pud Owens Realty

    HighLights

    • Convenient location near Hwy 79 and Hwy 36, providing easy access to Milano.
    • Updated interior featuring new JennAir kitchen appliances, granite sinks, knotty alder cabinets, and refurbished wood floors.
    • 10+\/- acres of land with native grasses and scattered trees, offering privacy.
    • Barn with open stalls and closed storage rooms.
    • 1500sf home includes two bedrooms, two bathrooms, two living areas, a dining room, and a utility room.
    • Proximity to Bryan/College Station, Temple, and Austin.

    Overview

    Located just off the intersection of Hwy 79 and Hwy 36 in Milano, this property includes a home and land hidden by surrounding trees along all four property lines. The property features an older 2-bedroom, 2-bath home on 10+/- acres. The interior has been updated with a new JennAir kitchen range and oven, 2 granite sinks, knotty alder cabinets, refurbished wood floors, and 1x6 knotty pine ceilings. The 1,500 square foot home includes two living areas, a dining room, and a utility room with city water and a private septic system. A wood and corrugated metal barn is on the property with two 15x15 open stalls and two 15x15 closed storage rooms with a 10-foot alleyway. The property consists of native grasses with scattered trees. The location is approximately 45 minutes to Bryan/College Station or Temple, and 1 hour to Austin.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Repair Shop Storage Facility Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milano
    County
    Milam
    State
    Texas
    Longitude
    -96.8719769
    Latitude
    30.7093943

    Nearby Similar for Sale

    • $614,850

      Recreational Acreage with Private Road

      Partially wooded, fenced acreage in AG exemption, offering quiet recreation and potential hay income access.
      CR 328, Milano, TX 76556
      View Details
    • $130,000

      Secluded 6 Acres in Milano

      6 acres of land near Milano, TX, ideal for homesites.
      002 CR 346, Milano, TX 76556
      View Details
    • $175,000

      Recreational Land with Year-Round Water

      Heavily wooded tract with a spring-fed creek, pond, and onsite electric meter for private outdoor use.
      555 Private Road 3428, Milano, TX 76558
      View Details
    • $235,000

      Wooded Acreage with Power Access

      A 10+ acre wooded homesite with power available, ideal for a private build, barndominium, or weekend retreat.
      06 Ranches at Meadow Park, Milano, TX 76556
      View Details
    • $130,000

      Secluded 6 Acres Near Milano

      6 acres of cleared land near Milano, Texas.
      002 CR 346, Milano, TX 76556
      View Details
    • $614,850

      Milano, TX Land Opportunity

      53.761 acres of land with trees and open space.
      CR 328 lot: 3, Milano, TX 76556
      View Details
    • $500,000

      43 Acres Vacant Land, Milano

      43 acres of vacant land in the Texas Triangle.
      CR 322, Milano, TX 76556
      View Details
    • $108,000

      Unrestricted Wooded Acreage with Pond

      Wooded 6-acre tract with a seasonal pond and flexible, unrestricted use potential for homesites or recreation in rural setting.
      6 Acres County Road 342, Milano, TX 76556
      View Details
    • $235,000

      Milano, TX Land Opportunity

      10+ acre lot near Austin and Bryan/College Station.
      06 Ranches At Meadow Park lot: 6, Milano, TX 76556
      View Details
    • $265,000

      Milano, TX 10-Acre Land Tract

      10-acre land tract suitable for agricultural or residential use.
      000 County Road 322, Milano, TX 76556
      View Details
    • $759,000

      Unrestricted Land with River Frontage

      66+/- acres of unrestricted land with river and pond.
      CR 331A, Milano, TX 76556
      View Details
    • $325,000

      Secluded Milano Land with CR 330 Frontage

      26 acres in Milano, TX, ideal for hunting or building.
      CR 330, Milano, TX 76556
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Updated 2BR home on 10 acres near Hwy 79.
    Where is this agricultural land / farmland located?
    The property is located at 600 West Ave c Milano, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Convenient location near Hwy 79 and Hwy 36, providing easy access to Milano.; Updated interior featuring new JennAir kitchen appliances, granite sinks, knotty alder cabinets, and refurbished wood floors.; 10+\/- acres of land with native grasses and scattered trees, offering privacy.
    (512) 430-2858
    We can help!
    Listing Contact
    Thomas Owens
    Real Estate License ID: 0611369
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    600 West Ave c, Milano, TX 76556
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!