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748 FM 308

Milford, TX 76670

$3,001,056

Land · 187.57 ac · $16K/ac

Acres187.566 acres
Price per acre$16,000 / acre
ZoningNo Zoning. In the County
Road frontageFM Road
WaterRural Water District
SewerSeptic
ElectricElectricity Connected
TypeUnimproved Land

What it costs to own

Taxes$653 per year
MUDNone listed
HOANone listed
Price per acre$16,000
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

187.5± acres of land with an old farmhouse and a barn with thousands of feet of road frontage on S FM 308, located a mile and a half from Interstate 35. This property will serve as an excellent investment while simultanously allowing you to run cattle or grow crops. The farm is generally level with no trees, has no creeks or FEMA flood, and has no zoning restrictions. An Ag exemption is in place with minimal property tax implications. Site has co-op water and electricity on site. A new surveyed has been ordered but is not yet complete.

The details

Lot featuresAcreage, Pasture
FencingBarbed Wire
Water sourceRural Water District
SewerSeptic
ElectricElectricity Connected

ZoningNo Zoning. In the County
RestrictionsNo Known Restriction(s)
EasementsNatural Gas, Pipeline

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionL Dunnegan

ElementaryMilford
Middle schoolMilford
High schoolMilford
DistrictMilford ISD

MLS #21063482
Source
On the market372 days
CountyEllis

Around this home

One moment…

Everyday life

Nearest grocerySpring Market · 6.3 mi
Nearest parkMilford City Park · 1.1 mi

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Listing courtesy of Tero Real Estate — Tim Cummings.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21063482. Information last updated September 25, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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