Listing provided courtesy of Keller Williams Frisco Stars- MLS# 21204483MLS ProviderContact Information: Swati Shah - 214-923-0563

000 FM 308Milford, TX 76670

Vacant Land · 10.45 Acres
$915,888 Active

000 FM 308 Overview

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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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000 FM 308 Facts & Features

  • Type Vacant Land
  • Lot 10.45 Acres

Details

General

Association/HOA

  • Association Amenities: Concierge
  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: All Facilities,Association Management,Maintenance Grounds,Maintenance Structure
  • Association Name: Warner Reserve HOA
  • Association: Yes

School Information

  • School District: Milford ISD
  • Elementary School: Milford
  • Middle Or Junior School: Milford
  • High School: Milford

Business Information

  • Current Use: Agricultural,Grazing,Ranch,Residential,Single Family,Unimproved,Vacant

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: MILFORD
  • Subdivision Name: Warner Reserve

Community/Development

  • Community Features: Concierge,Clubhouse,Dock,Fishing,Golf,Gated,Lake,Park,Pool,Trails/Paths
  • Development Status: Other,Site Plan Approved

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,Private Financing Available
  • Possible Use: Agricultural,Cattle,Grazing,Horses,Hunting,Ranch,Residential,Single Family
  • Property Sub Type: Ranch
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Irregular Lot,Level,Subdivided,City Lot
  • Lot Size Acres: 10.45
  • Lot Size Area: 10.45
  • Lot Size Dimensions: 400x1013
  • Lot Size Source: Plans
  • Lot Size Square Feet: 455202.0
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • Road Surface Type: Dirt,Gravel
  • Vegetation: Grassed
  • Water Source: Community/Coop

Waterfront/View

  • Waterfront Features: Creek
  • Waterfront: Yes

General Information

  • Fencing: None
  • Pool Features: Community
  • Road Frontage Type: City Street,Highway,Interstate
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

000 FM 308 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

000 FM 308 Market Data

Based on the last 30 days in this zip code

$966,058
Average List Price
$581
Average Price per Square Foot
4
Properties Sold
134
Average Days on Market
19
Properties for Sale
Calculations provided by Reliance Network


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