— bed, — bath on 81.53 acres in Milano. Milano, TX 76556. $1,222,950. Milano ISD.
About This Home
OVER 81 BEAUTIFUL ACRES WITH SCATTERED TREES. CURRENTLY RUNNING CATTLE. ALL 81 ACRES ARE UNDER AG EXEMPTION WITH MILAM COUNTY APPRAISAL DISTRICT. ADD YOUR OWN CATTLE AND TRANSFER THE AG EXEMPTION TO NEW OWNERS. THREE WATER PONDS ARE PERFERCT FOR YOUR CATTLE AND GREAT FOR FISHING! A WATER METER MAYBE PURCHASED FROM MILANO WATER SUPPLY AND ELECTRICITY IS AVAILABLE FOR YOUR DREAM HOME. ENJOY THE SUNSETS WHILE FISHING IN THE PONDS. ***PLEASE KEEP GATE CLOSED AT ALL TIMES***DRONE ATTACHED. MINERALS & WATER RIGHTS NEGOTIABLE.
TBD CANNON SNAP Rd offers the core advantage serious land buyers look for first: 81.53 acres in Milam County with an established agricultural exemption already in place. In the Milano area of Milano, this Farm - Ranch property combines scale, current cattle use, and practical utility in a way that supports both immediate operation and long-term control of the asset.
That exemption matters because it directly affects holding cost, and the fact that the land is already running cattle gives the next owner a usable starting point rather than a blank slate. This is not acreage that needs a new identity created for it. It is already functioning as ranch land, which is often the first test for buyers who value utility over presentation. The scattered tree cover adds another layer of balance across the tract, breaking up the open ground while still preserving the kind of usable acreage that supports agricultural use.
Three ponds strengthen the land in a real, measurable way. For cattle, they add water access across the property. For an owner thinking beyond pure ranch use, they also create recreational appeal through fishing and make the tract feel more varied than raw pasture alone. That mix matters on properties of this size because it expands the number of viable use cases without changing the land's current footing. A buyer can continue cattle operations, hold the land under its current exemption structure, or think in terms of a future homesite with enough acreage to preserve privacy and flexibility.
Utility access is another important part of the equation. Electricity is available, and a water meter may be purchased from Milano Water Supply, which gives a future owner a clearer path toward improvement than many rural tracts of similar scale. Minerals and water rights are negotiable, which is not a throwaway detail in a Texas land transaction and should be evaluated as part of the property's total value.
The 984 days on market will register with disciplined buyers, but land of this type is better judged by what is difficult to replace. At $1.22M, the case for TBD CANNON SNAP Rd rests on exempt acreage, active cattle use, three ponds, utility potential, and a substantial land position in Milano, TX 76556 within Milam County. For a buyer focused on control, optionality, and long-range land value, this tract has multiple paths forward without losing its current working purpose.
The numbers behind this insight
- Offered at
- $1,222,950
- Listed
- June 9, 2023
- Price changes
- Reduced, down 25% from $1,630,600
- Property Type
- Farm
- Lot Size
- 81.53 acres
Listing information last updated June 18, 2026.
Listed by Keller Williams Realty
MLS# 7609673 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Farm
- Few Trees
- Trees-Sparse
- Fenced
- Lot Size
- 81.53 Acres
Financial
- Original List Price
- $1,630,600
Utilities
- Electricity Available
- Water Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at TBD CANNON SNAP RD, whoever represented it.
- ActiveListed 2023Current price: $1,222,950Original list: $1,630,600MLS 7609673
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
- $1,222,950
- Original list
- $1,630,600
- Price movement
- $407.7K reduction
- Listed / DOM
- Jun 9, 2023 · 1,225 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% ($245K)
Adjustable assumption - not a lending recommendation.
$1,222,950
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Keenan Market Position
A sourced read on Milano pricing, timing, and property scale. No automated valuation claim.
List price
$1,222,950
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,225 days
Original to current
$407.7K reduction
$1.6M 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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