When was property at 225 Murray Lane built and last sold?

The property at 225 Murray Lane was built in 1985 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 225 Murray Lane is $0.

What are some comparable homes to 225 Murray Lane?

There are currently no comparable homes to 225 Murray Lane.

Milam

75959

225 Murray Lane

Sold on Jul 11, 2025

Map

$99,000 Last Listed Price

● House - Off Market

225 Murray Lane

Milam, TX 75959

3 Beds

2 Baths, 1 Half Bath

1,636 Ft²

$669

Est. Monthly

11.34%

Cap Rate

About This Property

Affordable Waterfront lot with a Million dollar view! This home is ready for a full-blown renovation. This 1985 Manufactured home with an addition will require a significant amount of work. It sits front and center on 1/4 acre waterfront peninsula point with a concrete bulkhead, private pier, and pontoon boathouse. The cul-de-sac lot offers 108' of waterfront for a sweeping view of the Toledo Bend Reservoir and a distant view of Many, Louisiana. Relax in your backyard and watch the sunrise. Nestled in the Sabine National Forest, the TBR (5th largest man-made reservoir in the US) is known for large-mouth & striped bass, crappie, perch & catfish. The National Forest is popular with outdoor enthusiasts who fish, hunt, camp, hike, mountain bike & explore by horseback. Casinos are a short 1.5-2 hour drive to some of the best Louisiana has to offer. Priced significantly under CAD assessed value, asking price is for LOT value, + Boat house, garage, bulkhead, & other improvements

Unit Size

1,636 Ft²

Days on Market

Land Size

0.25 acres

Price per sqft

$61

Property Type

House

Property Taxes

$183

HOA Dues

Year Built

1985

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (HAR #52822722)

Price History

Date / Event	Date	Event
Jul 11, 2025	Sold	Premium
Sold
May 27, 2025	In contract	-
In contract
May 15, 2025	Price Decreased	$99,000 ↓ $11K (10%)
Price Decreased
May 1, 2025	Price Decreased	$110,000 ↓ $19K (14.7%)
Price Decreased
Mar 30, 2025	Price Decreased	$129,000 ↓ $21K (14%)
Price Decreased
Mar 17, 2025	In contract	-
In contract
Feb 1, 2025	Listed by eXp Realty LLC	$150,000
Listed by eXp Realty LLC

Property Highlights

Garage

With View

Building Info

Overview

General

Year Built: 1985

Effective Year Built: 1985
Bedroom Count: 0
Building Condition: 6
Building Quality: 0
Construction Type: 0
Building Style: 33
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 528
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,890

Total Building Area: 3,366
Gross Building Area: 3,366
Building Area: 3,366
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,636
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000250
Standard Land Use Code: 1006
County Land Use Code: A2
Mobile Home Indicator: T
Legal Description 1: ACRES: 0.250 LOT: 9 SUBD: PLAYCATION ESTATES SEC #2A MOBILE HOME/GARAGE

Neighborhood

School District Name: Dallas Independent School District

Census Tract: 950100

Geography

Parcel: R000131281

Lot: 9
Municipality: MILAM
Latitude: 31.5125
Longitude: -93.805

Address

Full Address: 225 Murray Ln

Address - House Number: 225
Address - Street Name: Murray
Address - Suffix Type: Ln
State: TX
City Name: Milam
Carrier Code: H001
4-Digit Zip Code: 2654
Zip Code: 75959

Valuation

Tax

Tax Year: 2023

Tax Amount: $162,061
Tax Rate Code Area: 1 31 60

Appraisal Valuation

Standard Deviation: 0.4433

Valuation Date: Jan 17, 2024
Confidence Score: 11
Final Value: 140,585
High Value: 202,917
Low Value: 78,252

Market Valuation

Market Total Value: $143,240

Market Land Value: $14,380
Market Improvement Value: $128,860

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $143,240
Assessed Land Value: $14,380
Assessed Improvements Value: $128,860

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Milam

Stats & Trends

Median Asking:

$482,500

Sale Price/ft²

$172

Below Asking

0.06%

Average Days on Market

119

Average Home Size

1729 ft²

Average Home Age

35.5 years

Currently For Sale

4 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Listed by: Leitha Ingram, eXp Realty LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 52822722

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