— bed, — bath on 202.67 acres in Milano. Milano, TX 76556. $2,229,370. Milano ISD.
About This Home
Beautiful creek bottom ranch in the heart of Texas located in Milam County within easy driving distance of Austin, Bryan/College Station and Waco. This land features a seasonal creek "Harpers Branch" that runs the length of the property and provides water most months of the year. A pond is located on the west end of the property. Owner grazes cattle year round and grass is plentiful throughout the summer months. Pasture is a mix of native, coastal, bahia and love grasses. In addition, there is plenty of opportunity for hunting and recreation on this acreage. The backside of the property is heavily wooded with open areas just waiting for a hunting stand. Connect the open areas with trails and you could have an amazing off-road maze to enjoy. New fencing and two pull-in entrances along the road front. Pick the perfect spot for your home or weekend cabin. Water meter located on the property and electricity on adjacent property for easy access. Based on terms and conditions, Seller may agree to divide tract.
2055 CR 342 Rd gives you 202.67 acres of productive Milam County ground for $2.23 million, with Harpers Branch running through the ranch and a pond already in place on the west end. At 2055 CR 342 Rd in Milano, Milano, TX 76556, the numbers matter: this Farm - Ranch property is priced at about $11,000 per acre, and because there is no reported residence, bedroom count, bathroom count, interior square footage, or year built, a price-per-square-foot metric does not apply.
What is here is land that works. The creek bottom supports grazing, the owner has run cattle year round, and the pasture mix includes native, coastal, bahia, and love grasses that hold through the summer. The back portion of the ranch turns more wooded, which gives the property a different second half than many open Milam County tracts. That matters if you want both agricultural use and recreational ground on the same address. There is clear potential for hunting, trail cutting, ATV use, and a future homesite or weekend cabin without having to force the land into something it is not.
The practical pieces are already moving in the right direction. The road frontage has new fencing and two pull-in entrances on County Road 342. A water meter is on the property, and electricity is available on the adjacent tract, which lowers the barrier to building compared with raw acreage that still needs basic utility planning. The seller may also consider dividing the tract based on terms, which gives buyers another path if the full 202.67 acres is more than they need.
Location is part of the appeal. US Highway 79 and Texas State Highway 36 are the main connectors for this part of Milano, putting you within reach of the wider Central Texas triangle. Austin is about 1 hour 14 minutes from Milano, Bryan is about 45 minutes away, and Waco Regional Airport is roughly 74 miles north. For daily needs, downtown Milano is close, and Cameron gives you the county-seat services that matter when you own land in Milam County.
If schools are part of the long view, the property is served by Milano Independent School District, including Milano Elementary School, Milano Junior High School, and Milano High School. GreatSchools ratings are 8/10 for Milano Elementary and 7/10 for both the junior high and high school. After 924 days on market, 2055 CR 342 Rd still reads like a property with room to become a working ranch, a weekend escape, or a long-hold land play in a part of Central Texas where scale, water, and access still carry real value.
The numbers behind this insight
- Offered at
- $2,229,370
- Listed
- June 28, 2023
- Price changes
- Reduced, down 35.3% from $3,445,390
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (380 sales), as of October 16, 2026.
- Property Type
- Farm
- Lot Size
- 202.67 acres
Listing information last updated June 18, 2026.
Listed by Keller Williams Realty
MLS# 6225140 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Native Plants
- Public Maintained Road
- Rolling Slope
- Trees-Medium (20 Ft - 40 Ft)
- Barbed Wire
- Lot Size
- 202.67 Acres
Financial
- Original List Price
- $3,445,390
Utilities
- Above Ground
- Electricity Available
- Water Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2055 CR 342 RD, whoever represented it.
- ActiveListed 2023Current price: $2,229,370Original list: $3,445,390MLS 6225140
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,229,370
- Original list
- $3,445,390
- Price movement
- $1.2M reduction
- Listed / DOM
- Jun 28, 2023 · 1,206 days
Virtual Tour

Zoned Schools
Milano ISD
Milano
Milano
Milano
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($446K)
Adjustable assumption - not a lending recommendation.
$2,229,370
Luxury property intelligence
Keenan Market Position
A sourced read on Milano pricing, timing, and property scale. No automated valuation claim.
List price
$2,229,370
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,206 days
Original to current
$1.2M reduction
$3.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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