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000 Fm 308 Milford, TX $ 915,888
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$ 915,888 Get more info
000 Fm 308
$ 915,888
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Share Save

000 Fm 308

Milford, TX, 76670
$ 915,888
Baths0.0

Monthly Estimate*

$ 5,639

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Studio

Lots and Land for sale in Milford, TX

for $915,888. The lot size is 10.45.

Discover an extraordinary opportunity to own 10.5 acres in Lot 2 of Warner Reserve, a private, master-planned gated ranch community in Milford, Texas. This exceptional homesite backs to a beautiful lake with catch-and-release fishing, offering peaceful water views and a rare connection to nature. With gently rolling terrain and scenic surroundings, the lot provides an ideal setting to build a custom ranch home while enjoying privacy and wide-open space. Warner Reserve is thoughtfully designed for those who appreciate refined country living surrounded by nature. The community spans approximately 1,900 acres, with nearly 1,000 acres planned as shared open land for approximately 95 owners, creating a unique blend of private ownership and expansive recreational space. Residents will enjoy access to scenic trails, mature trees, stocked fishing ponds, and abundant wildlife, providing a peaceful setting for outdoor recreation and relaxation. Whether you are looking for a weekend retreat, investment opportunity, or a place to build your dream ranch estate, Warner Reserve offers a rare opportunity to own acreage in a thoughtfully planned gated ranch community. Conveniently located about 45 minutes south of Dallas and approximately 30 minutes from Waco with easy access to I-35, the property combines peaceful rural living with accessibility to major North Texas cities. Lot 2 is one of the most desirable homesites in the community, offering lake views, space, privacy, and the opportunity to be part of an exclusive ranch development.

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Lots and Land Active

Price

$ 915,888

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Ranch

Lot Size

10.45

Town/City

Milford

County/Region

Ellis

MLS | Web ID

21204483
Features
General
Development Status City Limits Plat Approved Other
Utilities City Sewer Co-op Electric Co-op Water
Possession Closing/Funding
current use Agricultural Grazing Ranch Residential Single Family Unimproved Vacant
Assoc Fees 2000
Restrictions No Divide No Mobile Home
School District Milford ISD
HOA Fee Includes Concierge Full Use of Facilities Maintenance Grounds Maintenance Structure Management Fees
Crops Main Grass
Community Features Club House Community Dock Community Pool Concierge Fishing Gated Golf Greenbelt Lake Park
Property Subtype Ranch
Subdivision Name Warner Reserve
Occupant Type Vacant
County Ellis
Property Type Land
HOA Type Mandatory
Status Active
Directions From I35 E South exit 384 onto Derrs Chapel Rd Turn left onto Derrs Chapel Rd Turn right onto Morgan Rd Turn right onto S US HWY 77 Turn right onto FM-308 then the destination will be on your left.
City Milford
Elementary School Name Milford
High School Milford
Elementary School Milford
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional Private Financing Available
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Exterior
Waterfront 1
Lot Features Acreage Agricultural Irregular Lot Level Water/Lake View
Vegetation Grassed
Fencing None
Soil Type Unknown
Lot Size Source Plans
WaterFront Features Creek
Lot Size 10 to < 50 Acres
Lot Size Dimensions 400x1013
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Swati Shah

Listing Agent

Keller Williams Frisco Stars

Broker

Affordability Calculator

$5,639
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,639
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287433 Elementary School
3680805 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/1/2026 $915,888 Listed Price

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000 Fm 308, Milford, TX, 76670 is a Lots and Land for sale at $915,888 with a lot size of 10.45. 000 Fm 308 is a studio with 0.0 baths. The property's zip code is 76670 which is in Milford, TX

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