TBD FM 308 Milford, TX 76670
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision M P Woodhouse
MLS Listing ID 21390997
HOA Y/N None
Annual Tax Amount $282
Lot Size 10.100 Acres
Acres 10.1
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
Parish Ellis
Zoning Agriculture
Direction 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
Exterior
Utilities Available All Weather Road, Co-op Water, Electricity Available
Street Surface Asphalt
Lot Frontage 300.0
Garage No
Building
Lot Description Acreage, Agricultural
Schools
Elementary Schools Milford
Middle Schools Milford
High Schools Milford
School District Milford Isd
Others
Restrictions Deed,No Mobile Home
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, FHA, Fixed, VA Loan
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, FHA, Fixed, VA Loan
Special Listing Condition Agent Related to Owner, Deed Restrictions, Survey Available, Utility Easement
Nearby School & Business
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