5 months on rocket

308 W Milam St, Wharton, TX, 77488

$895,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
21,888 SqFt
$41/SqFt
House
Schools Nearby

Location

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308 W Milam St, Wharton$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #72622630
StatusActive

About 308 W Milam St

Step into a piece of Wharton's history with this exceptional property, originally constructed in 1925 as the esteemed Davis Hotel and retail spaces. These buildings offer versatile spaces primed for a multitude of purposes, with a leased salon space and a renovated retail area on the ground floor. The second floor features a spacious residence with six bedrooms and four and a half baths, exuding a sense of refined grandeur. Adjacent to this, the companion building has been thoughtfully updated on the first floor, incorporating 1.5 baths, while the second floor retains its original allure, showcasing a verdant tile fireplace, hardwood floors, and a captivating library complete with a charming rolling ladder. A commercial elevator is accessible to both structures. A sprawling covered back porch spans both buildings, and the property sits on a generous corner lot with mature landscaping, creating an enchanting setting for its storied legacy.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Historic/Antique
  • Year Built: 1925
  • Stories: 2
  • Living Area: 21,888 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC - Katy
  • Office Phone: (281) 751-3130
  • Listing Agent: Alisha Ingraham

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Trash Compactor, Water Softener
  • Flooring Type: Wood
  • Interior: Balcony, Elevator, Granite Counters, Handicap Access, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Covered Patio, Deck, Fence, Patio

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Wharton High School, Public District Grades 9-12
  • Wharton Jr High School, Public District Grades 6-8
  • Wharton Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: Head northeast on US-59 N, Take the US-59 BUS/FM 961 exit toward TX-60/Wharton/Bay City, Continue onto US-59 BUS N, Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $41/SqFt
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Housing Market Comparison

See how this home compares to others in Wharton, TX.

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Wharton, TX

City

Med. Sold Price

$209K

Med. Price/SqFt

$124

Avg. Days On Market

97

# of Sold Homes

9

308 W Milam St vs Wharton

152 DAYS ON ROCKET

+55 Days

$895,000

+$686K More

$41/SqFt

-$83 Less

KEY TAKEAWAY

This property is $686K more than the Median Sold Price and $83/SqFt less than other homes in Wharton, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #72622630

Listing Office:

  • Office Name: Compass RE Texas, LLC - Katy
  • Office Phone: (281) 751-3130
  • Listing Agent: Alisha Ingraham

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/2/2024, 4:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4539529
3
/10

  • Wharton Elementary School

  • 2030 E Boling Hwy

  • 1.75 miles

  • Public District Grades 2-5

Middle School

school-card-donut-4539530
6
/10

  • Wharton Jr High School

  • 1120 N Rusk St

  • 0.69 miles

  • Public District Grades 6-8

High School

school-card-donut-4539531
2
/10

  • Wharton High School

  • 1 Tiger Ave

  • 1.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,643. Most Wharton, TX residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 308 W Milam St

What is the listing price of this property?

The listing price of 308 W Milam St property is $895,000.

What type of property is this?

The property 308 W Milam St is a house located in Wharton, Texas, 77488.

Is this property for sale now?

Active Listing: 308 W Milam St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 308 W Milam St are:
Wharton Elementary School: GreatSchools Rating 3/10
Wharton Jr High School: GreatSchools Rating 6/10
Wharton High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 308 W Milam St has 6 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 308 W Milam St is 21,888 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 308 W Milam St is 1925.

Rocket Homes›Texas›Wharton County›Wharton›77488›308 W Milam St

This home is located at 308 W Milam St in Wharton, TX and zip code 77488. This 21,888 square foot home was built in 1925. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 02, 2023 and is currently priced at $895,000.

In April 2024 more than 0 listings in Wharton, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 8 were sold below. Between March 2024 and April 2024, Wharton, TX real estate market has seen increase in the number of listings by 16%. The median list price of listings available in April 2024 was $209,000, while the average time on the real estate market was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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