000 FM 308, Milford, TX 76670
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000 FM 308, Milford, TX 76670
000 FM 308, Milford, TX 76670
000 FM 308, Milford, TX 76670
000 FM 308, Milford, TX 76670
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000 FM 308 Milford, TX 76670

10.45 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision Warner Reserve

MLS Listing ID 21204483

HOA Fees $2,000/ann

HOA Y/N Mandatory

Lot Size 10.450 Acres

Acres 10.45

Lot Dimensions 400x1013

Property Sub-Type Ranch

Property Description

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.

Location

State TX

County Ellis

Community Club House, Community Dock, Community Pool, Concierge, Fishing, Gated, Golf, Greenbelt, Lake, Park

Zoning Ag Ranch

Direction 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.

Exterior

Fence None

Community Features Club House, Community Dock, Community Pool, Concierge, Fishing, Gated, Golf, Greenbelt, Lake, Park

Utilities Available City Sewer, Co-op Electric, Co-op Water

Waterfront Description Creek

Street Surface Dirt,Gravel

Lot Frontage 400.0

Garage No

Building

Lot Description Acreage, Agricultural, Irregular Lot, Level, Water/Lake View

Schools

Elementary Schools Milford

Middle Schools Milford

High Schools Milford

School District Milford Isd

Others

Restrictions No Divide,No Mobile Home

Acceptable Financing 1031 Exchange, Cash, Conventional, Private Financing Available

Listing Terms 1031 Exchange, Cash, Conventional, Private Financing Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21204483

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Swati Shah • Keller Williams Frisco Stars
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000 FM 308