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Lake-Backing Gated Ranch Homesite

FM 308 Milford, TX 76670

FM 308, Milford, TX, 76670
$915,888
For Sale
$915,888

LAND - Milford, TX

Lot Size10.45 Acres
Days on Market108

Property Features for FM 308

General Information

Property type
Land
Property subtype
Other
Vegetation
Grassed
Standard status
Active
APN
000000000
Lot size
10.45 Acres

Utilities

Sewer type
Public Sewer
Water front features
Creek
Water front
1
Listing Agency Keller Williams Frisco Stars
Frisco, TX
Listed by Swati Shah · License #0606077
Added: Apr 2 Checked: Jul 18 at 3:06 pm
MLS# 21204483 Listing URL

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 for-sale homesite offers 10.45 acres in Lot 2 of Warner Reserve, a private, master-planned gated ranch community in Milford, Texas. The property backs to a lake with catch-and-release fishing, providing peaceful water views and a natural, private setting. With gently rolling terrain and scenic surroundings, the land is positioned for building a custom ranch home while enjoying wide-open space.

Warner Reserve is designed around refined country living, combining private ownership with substantial shared open land. The community spans approximately 1,900 acres, with nearly 1,000 acres planned as shared open space for about 95 owners. Residents have access to scenic trails, mature trees, stocked fishing ponds, and abundant wildlife, supporting outdoor recreation and relaxation within the gated environment.

For buyers seeking a tract to build their own ranch estate, Lot 2’s lake adjacency and privacy make it a compelling match. It also fits investors or weekend retreat buyers looking for acreage within a planned ranch community offering ongoing access to shared outdoor amenities and a structured, owner-focused lifestyle.

Key Highlights

  • 10.5‑acre Lot 2 in Warner Reserve, a private, master‑planned gated ranch community in Milford, TX
  • Homesite backs to a lake with catch‑and‑release fishing and waterfront creek features
  • Community includes approximately 1,900 acres total, with nearly 1,000 acres planned as shared open land for about 95 owners

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

What type of property is this?
Residential land & home lot - A gated ranch community homesite with lake views and fishing access, ideal for building a custom ranch home.
Where is this residential land & home lot located?
The property is located at FM 308 Milford, TX.
What is the asking price?
The asking price for this property is $915,888.
What are key features of this property?
This property features: 10.5‑acre Lot 2 in Warner Reserve, a private, master‑planned gated ranch community in Milford, TX; Homesite backs to a lake with catch‑and‑release fishing and waterfront creek features; Community includes approximately 1,900 acres total, with nearly 1,000 acres planned as shared open land for about 95 owners
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