Real Estate Investment Properties for Sale in Milano, TX

Looking for investment property in Milano, TX with high ROI ?

Explore a variety of short-term homes & houses in Milano, TX. Invest wisely with VRBO & Milano, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Milano, TX

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
214 Private Road 7055 Milano, TX Get away from it all & still have it all. This amazing, custom built home sits on 4.98 acr...	4 beds \| 3 baths \| 1,938 sq.ft.	$595,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 2.85% Airbnb Rental Income: $4537 Traditional Rental Income: $2840 Airbnb ROI: 4.2% Traditional ROI: 2.85%
3133 County Road 340 Milano, TX Hilltop views from the perfect remodel! Beautiful home with 4-5 bedrooms and 3 bathrooms w...	4 beds \| 3 baths \| 2,797 sq.ft.	$400,000	Airbnb cash on cash: 6.55% Traditional cash on cash: 5.53% Airbnb Rental Income: $4537 Traditional Rental Income: $3210 Airbnb ROI: 6.55% Traditional ROI: 5.53%
499 County Road 331 Milano, TX 25 unrestricted, Ag exempt acres of Milam County with a 2bedroom ~800sf mobile home with l...	2 beds \| 1 baths \| 728 sq.ft.	$425,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 2.42% Airbnb Rental Income: $2422 Traditional Rental Income: $1492 Airbnb ROI: 3.27% Traditional ROI: 2.42%
2330 County Road 329 Milano, TX 2330 County Road 329, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,595,000	Airbnb cash on cash: -2.18% Traditional cash on cash: -2.1% Airbnb Rental Income: $1419 Traditional Rental Income: $1117 Airbnb ROI: -2.18% Traditional ROI: -2.1%
849 County Road 331a Milano, TX Escape to your own private paradise with this breathtaking 55-acre park-like property feat...	1 beds \| 1 baths \| 960 sq.ft.	$1,300,000	Airbnb cash on cash: -1.94% Traditional cash on cash: -1.97% Airbnb Rental Income: $1574 Traditional Rental Income: $1086 Airbnb ROI: -1.94% Traditional ROI: -1.97%
298 Cr 346 Rd Milano, TX 298 Cr 346 Rd, Milano, TX 76556 \| Single Family Residential	3 beds \| 3 baths \| 3,222 sq.ft.	$850,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 0.24% Airbnb Rental Income: $3249 Traditional Rental Income: $2491 Airbnb ROI: 0.28% Traditional ROI: 0.24%
1127 County Road 234 Rd Milano, TX 1127 County Road 234 Rd, Milano, TX 76556 \| Single Family Residential	1 beds \| 1 baths \| 1,600 sq.ft.	$1,425,000	Airbnb cash on cash: -2.01% Traditional cash on cash: -1.89% Airbnb Rental Income: $1574 Traditional Rental Income: $1289 Airbnb ROI: -2.01% Traditional ROI: -1.89%
8912 C R 322 Milano, TX 8912 C R 322, Milano, TX 76556 \| Single Family Residential	3 beds \| 2 baths \| 1,831 sq.ft.	$995,000	Airbnb cash on cash: -0.17% Traditional cash on cash: -0.6% Airbnb Rental Income: $3249 Traditional Rental Income: $2124 Airbnb ROI: -0.17% Traditional ROI: -0.6%
000 Cr 322 Milano, TX 000 Cr 322, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$430,000	Airbnb cash on cash: -0.55% Traditional cash on cash: -0.89% Airbnb Rental Income: $1419 Traditional Rental Income: $857 Airbnb ROI: -0.55% Traditional ROI: -0.89%
002 County Rd 328 Milano, TX 002 County Rd 328 Rd, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$430,000	Airbnb cash on cash: -0.55% Traditional cash on cash: -0.17% Airbnb Rental Income: $1419 Traditional Rental Income: $1144 Airbnb ROI: -0.55% Traditional ROI: -0.17%
555 Private Road 3428 Milano, TX 555 Private Road 3428, Milano, TX 76558 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.13% Airbnb Rental Income: $1208 Traditional Rental Income: $1076 Airbnb ROI: 1.58% Traditional ROI: 3.13%
TBD CR 328 Milano, TX TBD CR 328, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$614,850	Airbnb cash on cash: -1.22% Traditional cash on cash: -1.54% Airbnb Rental Income: $1419 Traditional Rental Income: $809 Airbnb ROI: -1.22% Traditional ROI: -1.54%
CR 330 Cr 330 Milano, TX CR 330 Cr 330, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$390,000	Airbnb cash on cash: -0.32% Traditional cash on cash: -0.53% Airbnb Rental Income: $1419 Traditional Rental Income: $916 Airbnb ROI: -0.32% Traditional ROI: -0.53%
326 CR 331a Milano, TX TBD CR 331a, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| 960 sq.ft.	$759,000	Airbnb cash on cash: -1.52% Traditional cash on cash: -1.47% Airbnb Rental Income: $1419 Traditional Rental Income: $1027 Airbnb ROI: -1.52% Traditional ROI: -1.47%
TBD 1 Cr 236a Milano, TX TBD 1 Cr 236a, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$94,640	Airbnb cash on cash: 7.02% Traditional cash on cash: 8.12% Airbnb Rental Income: $1419 Traditional Rental Income: $1095 Airbnb ROI: 7.02% Traditional ROI: 8.12%
TBD Cr 329 Milano, TX TBD Cr 329, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.53% Airbnb Rental Income: $1419 Traditional Rental Income: $1149 Airbnb ROI: 0.9% Traditional ROI: 1.53%
11 ACRES County Road 329 Milano, TX 11 ACRES County Road 329, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 0.62% Airbnb Rental Income: $1419 Traditional Rental Income: $927 Airbnb ROI: 0.9% Traditional ROI: 0.62%
000 County Road 234 Rd Milano, TX 000 County Road 234 Rd, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$600,000	Airbnb cash on cash: -1.18% Traditional cash on cash: -0.9% Airbnb Rental Income: $1419 Traditional Rental Income: $1149 Airbnb ROI: -1.18% Traditional ROI: -0.9%
000 County Road 322 Milano, TX 000 County Road 322, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$265,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 1.25% Airbnb Rental Income: $1419 Traditional Rental Income: $1100 Airbnb ROI: 0.82% Traditional ROI: 1.25%
000 Cr 322 Rd Milano, TX 000 Cr 322 Rd, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 5.95% Airbnb Rental Income: $1419 Traditional Rental Income: $1100 Airbnb ROI: 5.03% Traditional ROI: 5.95%
TBD TR 1 Cr 236a Milano, TX TBD TR 1 Cr 236a, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$94,640	Airbnb cash on cash: 7.02% Traditional cash on cash: 5.14% Airbnb Rental Income: $1419 Traditional Rental Income: $820 Airbnb ROI: 7.02% Traditional ROI: 5.14%
6 Acres County Road 342 Milano, TX 5 Acres County Road 342, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| 1,008 sq.ft.	$108,000	Airbnb cash on cash: 5.86% Traditional cash on cash: 6.03% Airbnb Rental Income: $1419 Traditional Rental Income: $1011 Airbnb ROI: 5.86% Traditional ROI: 6.03%
844 County Road 374 Milano, TX	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 0.48% Airbnb Rental Income: $1419 Traditional Rental Income: $847 Airbnb ROI: 1.11% Traditional ROI: 0.48%
5345 Hwy 36 Milano, TX 21 wooded acres with direct access onto State Hwy. Oaks and Yaupons cover the majority of ...	3 beds \| 2 baths \| 1,120 sq.ft.	$375,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 3.4% Airbnb Rental Income: $3249 Traditional Rental Income: $2116 Airbnb ROI: 4.54% Traditional ROI: 3.4%
600 West Ave C Milano, TX 600 West Ave C, Milano, TX 76556 \| Other	2 beds \| 2 baths \| 1,500 sq.ft.	$400,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 1.84% Airbnb Rental Income: $2422 Traditional Rental Income: $1825 Airbnb ROI: 1.85% Traditional ROI: 1.84%
000 TBD Cr 346 Rd Milano, TX 000 TBD Cr 346 Rd, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$130,000	Airbnb cash on cash: 4.45% Traditional cash on cash: 6.24% Airbnb Rental Income: $1419 Traditional Rental Income: $1217 Airbnb ROI: 4.45% Traditional ROI: 6.24%
002 Cr 346 Milano, TX 002 Cr 346, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$130,000	Airbnb cash on cash: 4.45% Traditional cash on cash: 3.83% Airbnb Rental Income: $1419 Traditional Rental Income: $916 Airbnb ROI: 4.45% Traditional ROI: 3.83%
404 County Road 374 Milano, TX 404 County Road 374, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$94,900	Airbnb cash on cash: 7% Traditional cash on cash: 6.06% Airbnb Rental Income: $1419 Traditional Rental Income: $907 Airbnb ROI: 7% Traditional ROI: 6.06%
8205 County Road 342 Milano, TX Brand new 2024 Clayton manufactured home on 5+ unrestricted acres in Milano, TX. Move-in r...	3 beds \| 2 baths \| 1,216 sq.ft.	$249,900	Airbnb cash on cash: 8.5% Traditional cash on cash: 6.5% Airbnb Rental Income: $3249 Traditional Rental Income: $2047 Airbnb ROI: 8.5% Traditional ROI: 6.5%
06 Ranches at Meadow Park Milano, TX 06 Ranches at Meadow Park, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$235,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 0.89% Airbnb Rental Income: $1419 Traditional Rental Income: $907 Airbnb ROI: 1.28% Traditional ROI: 0.89%
8731 Sh 79 Hwy Milano, TX 8731 Sh 79 Hwy, Milano, TX 76556 \| Single Family Residential	4 beds \| 3 baths \| 2,989 sq.ft.	$995,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 0.22% Airbnb Rental Income: $4537 Traditional Rental Income: $2884 Airbnb ROI: 0.99% Traditional ROI: 0.22%
1669-A County Road 328 Milano, TX 1669-A County Road 328, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$795,000	Airbnb cash on cash: -1.57% Traditional cash on cash: -1.29% Airbnb Rental Income: $1419 Traditional Rental Income: $1207 Airbnb ROI: -1.57% Traditional ROI: -1.29%
TBD Pr 3428 (2.528 Acres In Lin Luce Ranches #2) Milano, TX TBD Pr 3428 (2.528 Acres In Lin Luce Ranches #2), Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 5.71% Traditional cash on cash: 7.53% Airbnb Rental Income: $1419 Traditional Rental Income: $1188 Airbnb ROI: 5.71% Traditional ROI: 7.53%
9151 Hwy 79 Milano, TX 9151 Hwy 79, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$394,000	Airbnb cash on cash: -0.34% Traditional cash on cash: -0.58% Airbnb Rental Income: $1419 Traditional Rental Income: $907 Airbnb ROI: -0.34% Traditional ROI: -0.58%
422 Private Road 7051 Milano, TX 422 Private Road 7051, Milano, TX 76556 \| Other	N/A beds \| N/A baths \| N/A	$750,000	Airbnb cash on cash: -1.5% Traditional cash on cash: -1.64% Airbnb Rental Income: $1419 Traditional Rental Income: $897 Airbnb ROI: -1.5% Traditional ROI: -1.64%
Lot 30 Woodland Trl Milano, TX Lot 30 Woodland Trl, Milano, TX 76531 \| Other	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 0.88% Airbnb Rental Income: $1252 Traditional Rental Income: $749 Airbnb ROI: 1.47% Traditional ROI: 0.88%

Real Estate investment in Milano, TX

There are 36 properties for sale in the city of Milano . The median list price in Milano is $198,881 and the average price per square foot is $127. In August 2026, the average monthly cash on cash return in Milano is 1.00%. The average monthly rental income in Milano is $1,100.

Milano, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 36 investment properties available for sale in Milano.

The ROI for Short-Term is higher than the Long-Term in Milano with average rental income of $1,419.

Your search for investment property begins and ends here

Investment Property for Sale in Milano, TX

214 Private Road 7055

Milano, TX

4 beds | 3 baths | 1,938 sq.ft.

$595,000

Airbnb cash on cash: 4.2%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $4537

Traditional Rental Income: $2840

Airbnb ROI: 4.2%

Traditional ROI: 2.85%

3133 County Road 340

Milano, TX

4 beds | 3 baths | 2,797 sq.ft.

$400,000

Airbnb cash on cash: 6.55%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $4537

Traditional Rental Income: $3210

Airbnb ROI: 6.55%

Traditional ROI: 5.53%

499 County Road 331

Milano, TX

2 beds | 1 baths | 728 sq.ft.

$425,000

Airbnb cash on cash: 3.27%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $2422

Traditional Rental Income: $1492

Airbnb ROI: 3.27%

Traditional ROI: 2.42%

2330 County Road 329

Milano, TX

N/A beds | N/A baths | 0 sq.ft.

$1,595,000

Airbnb cash on cash: -2.18%

Traditional cash on cash: -2.1%

Airbnb Rental Income: $1419

Traditional Rental Income: $1117

Airbnb ROI: -2.18%

Traditional ROI: -2.1%

849 County Road 331a

Milano, TX

1 beds | 1 baths | 960 sq.ft.

$1,300,000

Airbnb cash on cash: -1.94%

Traditional cash on cash: -1.97%

Airbnb Rental Income: $1574

Traditional Rental Income: $1086

Airbnb ROI: -1.94%

Traditional ROI: -1.97%

298 Cr 346 Rd

Milano, TX

3 beds | 3 baths | 3,222 sq.ft.

$850,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $3249

Traditional Rental Income: $2491

Airbnb ROI: 0.28%

Traditional ROI: 0.24%

1127 County Road 234 Rd

Milano, TX

1 beds | 1 baths | 1,600 sq.ft.

$1,425,000

Airbnb cash on cash: -2.01%

Traditional cash on cash: -1.89%

Airbnb Rental Income: $1574

Traditional Rental Income: $1289

Airbnb ROI: -2.01%

Traditional ROI: -1.89%

8912 C R 322

Milano, TX

3 beds | 2 baths | 1,831 sq.ft.

$995,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: -0.6%

Airbnb Rental Income: $3249

Traditional Rental Income: $2124

Airbnb ROI: -0.17%