# FM-308, Milford, TX 76670 > **TL;DR:** land, $289,000. Est. $1,545/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $289,000 | | Lot Size | 439,956 sqft (10.10 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,461 | | Estimated Insurance | $84 | | **Total** | **$1,545** | ## Nearby Schools - **Elementary:** Milford - **Middle:** Milford - **High:** Milford ## Property Highlights - 10.10 acre lot ## Description ### Agent 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 $1,860,000, or individual 10.1-acre tracts starting at $300,000. 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 - **Address:** FM-308, Milford, TX 76670 - **County:** Ellis - **Neighborhood:** M P Woodhouse - **Coordinates:** 32.180467, -96.969758 - **Google Maps:** https://www.google.com/maps?q=32.180467,-96.969758 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21390997 ## Listing Agent - **Name:** Rama krishna kanumuri - **Brokerage:** Avani Texas Realty LLC - **Phone:** 469-996-7599 - **Broker Phone:** 469-996-7599 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Fm-308_Milford_TX_76670_M91449-36111?f=listhub&s=NTREIS&m=21390997&c=propsimple) ## Photos ![FM-308 - Photo 1](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f3830040147r.jpg) ![FM-308 - Photo 2](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f758648932r.jpg) ![FM-308 - Photo 3](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f2971131203r.jpg) ![FM-308 - Photo 4](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f3558241690r.jpg) ![FM-308 - Photo 5](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f970847131r.jpg) ![FM-308 - Photo 6](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f3221861695r.jpg) ![FM-308 - Photo 7](http://lh.rdcpix.com/9628b17e7b96df992cb3870f1ac7315bl-f924620217r.jpg) --- **MLS#:** 21390997 | **Updated:** 2026-10-06 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/fm-308-milford-tx-76670-21390997) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/fm-308-milford-tx-76670-21390997#listing", "url": "https://www.propertysimple.ai/listing/fm-308-milford-tx-76670-21390997", "name": "FM-308, Milford, TX 76670", "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 $1,860,000, or individual 10.1-acre tracts starting at $300,000. 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. 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