Date
Details
Price
Change
Source
4/01/2026
Listed
$915,888
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
$915,888 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
Property Description
Discover an extraordinary opportunity to own 10.5 acres in Lot 2 of Warner Reserve, a private, master-planned gated ranch community in Milford, Texas. This exceptional homesite backs to a beautiful lake with catch-and-release fishing, offering peaceful water views and a rare connection to nature. With gently rolling terrain and scenic surroundings, the lot provides an ideal setting to build a custom ranch home while enjoying privacy and wide-open space. Warner Reserve is thoughtfully designed for those who appreciate refined country living surrounded by nature. The community spans approximately 1,900 acres, with nearly 1,000 acres planned as shared open land for approximately 95 owners, creating a unique blend of private ownership and expansive recreational space. Residents will enjoy access to scenic trails, mature trees, stocked fishing ponds, and abundant wildlife, providing a peaceful setting for outdoor recreation and relaxation. Whether you are looking for a weekend retreat, investment opportunity, or a place to build your dream ranch estate, Warner Reserve offers a rare opportunity to own acreage in a thoughtfully planned gated ranch community. Conveniently located about 45 minutes south of Dallas and approximately 30 minutes from Waco with easy access to I-35, the property combines peaceful rural living with accessibility to major North Texas cities. Lot 2 is one of the most desirable homesites in the community, offering lake views, space, privacy, and the opportunity to be part of an exclusive ranch development.
Full Property Details
Full Property Details for 000 Fm 308
General
- Price: $915,888
- HOA FEE: $167/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21204483
- Updated: 4/1/2026
- Added to Site: 1 day(s) ago
Additional Information
- Shared Amenities: Concierge
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
Location
- County: Ellis
- Subdivision: Warner Reserve
- Driving Directions: From I35 E South exit 384 onto Derrs Chapel Rd, Turn left onto Derrs Chapel Rd, Turn right onto Morgan Rd, Turn right onto S US HWY 77, Turn right onto FM-308 then the destination will be on your left.
School Information
- Elem School District: Milford ISD
- Midd School District: Milford ISD
- High School District: Milford ISD
- Elementary School: Milford
- Middle School: Milford
- High School: Milford
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Warner Reserve HOA
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Grounds, Maintenance Structure
Utilities
- Sewer: Public Sewer
- Water: Community/Coop
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Grazing, Ranch, Residential, Single Family, Unimproved, Vacant
Lot Features
- Property View: Water
- Lot Size (Acres): 10.45
- Lot Size (Sq. Ft.): 455,202
- Lot Size Source: Plans
- Lot Dimensions: 400 x 1013
- Frontage: City Street, Highway, Interstate, Dirt, Gravel
- Lot Features: Acreage, Agricultural, Irregular Lot, Level, Subdivided, City Lot
- Development Status: Other, Site Plan Approved
- Potential Use: Agricultural, Cattle, Grazing, Horses, Hunting, Ranch, Residential, Single Family
- Trees/Vegetation: Grassed
- Zoning: Ag Ranch
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Creek
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $2,000
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, 1031 Exchange, Private Financing Available
Disclosures and Reports
- Documents Avail.: Abstract, Aerial
Listed by Keller Williams Frisco Stars, Swati Shah
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 000 Fm 308 —
Swati Shah
Keller Williams Frisco Stars
214-923-0563
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 000 Fm 308
Tax History
Tax History for 000 Fm 308
Year
Property Taxes
Change
Tax Assessment
Change
2024
$459
100%
$39,542
23%
2023
100%
$32,066
5%
2023
100%
$30,619
-97%
2021
—
$1,025,937
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 000 Fm 308
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
000 Fm 308, Milford, TX 76670 (MLS# 21204483) is a Farm property with a lot size of 10.45 acres. 000 Fm 308 is currently listed for $915,888 and was received on April 01, 2026. Want to learn more about 000 Fm 308? Do you have questions about finding other Farm real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.