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Agricultural Land with Farm Improvements
For Sale
$3,001,056

748 S Fm 308, Milford, TX 76670

Land, Milford, TX

Property SizeContact for details
Lot Size187.50 Acres
Days on Market79

Property Features for 748 S Fm 308

General Information

Property type Land
Property subtype Other
Zoning description No Zoning. In the County
Vegetation Grassed
Subdivision L Dunnegan
Lot features Acreage, Pasture
Elementary school Milford
Middle school Milford
High school Milford
Elementary school district Milford ISD
Middle school district Milford ISD
High school district Milford ISD
Directions Refer to address: 748 So. FM 308, Milford, TX . The property is approximately 1.5 miles southeast of Interstate 35E. Take Exit #381 to Milford.
Standard status Active
APN 182434
Lot size 187.50 Acres

Taxes and HOA fees

Tax Description 301 L DUNNEGAN HOUSE #1 2 ACRES
Tax Annual Amount 653
Legal Description 301 L DUNNEGAN HOUSE #1 2 ACRES

Utilities

Sewer type Septic Tank

Building Details

Year built 1930
Additional Structures Barn(s)
Listing Agency: Tero Real Estate
Listed By: Tim Cummings · License #616082
Added: Jun 8 Changed: Aug 22 Last Checked: Aug 25 at 6:06AM
MLS# 21063482

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.

Investment Insights

Based on property information with market context.

This agricultural property contains 187.5+/- acres with a generally level, open terrain and no trees, creeks, or FEMA flood designation. Existing improvements include a farmhouse built in 1930 and a barn. The land can support cattle operations or crop production, with no zoning restrictions identified.

The tract has thousands of feet of frontage along S FM 308 and is approximately 1.5 miles from Interstate 35. Co-op water and electricity are available on site, while the property is served by a septic tank. An agricultural exemption is in place, and the acreage is located in Milford, Ellis County, Texas.

Key Highlights

  • 187.5+/- acres of agricultural land
  • Farmhouse built in 1930 and an existing barn
  • Thousands of feet of road frontage on S FM 308

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Grocery & Convenience Store Kitchen & Bath Showroom Furniture & Home Goods Daycare Center (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 76670, TX

1,512
Population
752
Households
2
Avg Household Size
40
Median Age
8%
College-Educated
83%
High-School Grad
67.4 sq mi
ZIP Area
22
Density / Sq Mi
$59,620
Median Household Income
$35,250
Median Earnings
$953
Median Rent
$194,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Level, unrestricted acreage includes an older farmhouse, barn, agricultural exemption, and utility service for continued rural operations.
Where is this agricultural land / farmland located?
The property is located at 748 S Fm 308 Milford, TX.
What is the asking price?
The asking price for this property is $3,001,056.
What are key features of this property?
This property features: 187.5+/- acres of agricultural land; Farmhouse built in 1930 and an existing barn; Thousands of feet of road frontage on S FM 308
More about this property
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