Tbd Fm 308, Milford, TX 76670

$280,000

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List Price
$280,000
MLS#
21390997
Status
ACTIVE
Type
Land
Subtype
Land
Acres
10.10
County
Ellis
City
Milford
Subdivision
M P Woodhouse

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.

Additional Information

Unexempt Taxes
$282
Lot Size
439,956
Acres
10.10
Lot Description
Agricultural
School District
Milford Isd
Elementary School
Milford
Middle School
Milford
High School
Milford
Possession
CloseOfEscrow, Negotiable

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Calculator source: Real Geeks

Listing courtesy of Rama krishna kanumuri from Avani Texas Realty LLC. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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