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$280,000 Just Listed
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Property Description
*** Owner financing available with 50% down, Please call listing agent for further details*** Prime Investment & Homesite Opportunity: 62± Acres with Exceptional Road Frontage Discover a versatile and highly accessible acreage tract in a rapidly growing corridor. This 62-acre premium farmland property offers a rare combination of agricultural productivity, immediate development potential, and excellent highway connectivity. Situated with massive dual road frontage-nearly 1,400 feet on FM 308 and approximately 1,224 feet on Marble Lane-this land is perfectly positioned for a single private estate, continued agricultural investment, or immediate subdivision. The owner is offering flexible purchasing options, allowing buyers to acquire the entire 62-acre tract for $1,600,000, or individual 10.1-acre tracts starting at $280,000.Flexible Purchase Options Entire Entirety (62± Acres): $1,600,000Individual Tracts (10.1± Acres): $280,000 per tract Note: Layouts are customizable. Buyers can choose approximately 300± feet of road frontage on either FM 308 or Marble Lane to suit their specific build or access requirements.Key Property Highlights Premium Topography: 100% out of the floodplain with excellent, high-quality soil currently utilized for productive row crop farming. Unmatched Accessibility: Located just 2± miles from Highway 77 and a quick 3.2± miles from I-35, providing seamless commuting while maintaining a peaceful rural lifestyle.Subdivision Friendly: The extensive dual-road frontage makes splitting the land into 1 to 6 smaller tracts highly efficient, minimizing infrastructure costs for developers.Financial Advantage: Currently holding an active Agricultural Exemption, keeping holding costs and property taxes exceptionally low.
Full Property Details
Full Property Details for Tbd Fm 308
General
- Price: $280,000
- Taxes: $282
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21390997
- Updated: 9/19/2026
- Added to Site: 2 day(s) ago
Location
- County: Ellis
- Subdivision: M P Woodhouse
- Driving Directions: While driving on hwy 77 towards Hillsboro take left on fm 308 and property is approximately 2 miles at the intersection of fm308 and marble ln. The property is under 3.5 miles from I-35
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
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 10.1
- Lot Size (Sq. Ft.): 439,956
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, All Weather Road, Asphalt
- Lot Features: Acreage, Agricultural
- Zoning: Agriculture
Financial Considerations
- Tax Amount: $282
- Terms: Cash, Conventional, 1031 Exchange, FHA, See Agent, VA Loan
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: 1148 S WRIGHT & 1127 M P WOODHOUSE 62 ACRES
- Disclosures/Rstr.: Deed Restriction, Easement(s), Familial Relation
- Property ID: 284655
Listed by Avani Texas Realty LLC, Rama krishna kanumuri
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Price & Sales History for Tbd Fm 308
Date
Details
Price
Change
Source
9/19/2026
Listed
$280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Tbd Fm 308
Year
Property Taxes
Change
Tax Assessment
Change
2025
$523
100%
$41,064
12%
2024
$261
3%
$36,695
93%
2018
$253
—
$18,988
7%
2018
$253
—
$17,670
-99%
2018
$253
—
$1,395,000
177%
2018
$253
—
$503,750
2966%
2018
$253
—
$16,430
2%
2017
$252
1%
$16,120
2%
2016
$250
2%
$15,810
2%
2014
$245
3%
$15,500
-7%
2019
$239
-2%
$16,740
8%
2013
$245
—
$15,500
—
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 Tbd Fm 308
Tbd Fm 308, Milford, TX 76670 (MLS# 21390997) is a Lots/Land property with a lot size of 10.1 acres. Tbd Fm 308 is currently listed for $280,000 and was received on September 19, 2026. Want to learn more about Tbd Fm 308? Do you have questions about finding other Lots/Land real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.

