Lot/land

$3,001,056

748 S Fm 308, Milford, TX 76670

--beds

--baths

187.5Acres

Unimproved Land

Built in 1930

187.5 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Generally level

187.5± acres of land with an old farmhouse and a barn with thousands of feet of road frontage on S FM 308, located a mile and a half from Interstate 35. This property will serve as an excellent investment while simultanously allowing you to run cattle or grow crops. The farm is generally level with no trees, has no creeks or FEMA flood, and has no zoning restrictions. An Ag exemption is in place with minimal property tax implications. Site has co-op water and electricity on site. A new surveyed has been ordered but is not yet complete.

305 days

21

1

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

Fencing: Barbed Wire

Lot

Size: 187.5 Acres
Features: Acreage, Pasture
Residential vegetation: Grassed

Details

Additional structures: Barn(s)
Parcel number: 182434
On leased land: Yes
Zoning description: No Zoning. In the County
Horse amenities: Barn

Utilities & green energy

Sewer: Septic Tank
Water: Rural
Utilities for property: Electricity Connected, Septic Available

Community & HOA

Community

Subdivision: L Dunnegan

HOA

Has HOA: No

Location

Region: Milford

Financial & listing details

Tax assessed value: $48,760
Annual tax amount: $653
Date on market: 9/18/2025
Cumulative days on market: 184 days
Listing terms: Cash,Conventional,Federal Land Bank,USDA Loan
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/18/2025	Listed for sale	$3,001,056
Source: NTREIS #21063482 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$695 +6.3%	$48,760 +2.4%
2024	$653 +41.5%	$47,612 +11.1%
2023	$462 +50%	$42,871 +72.1%
2022	$308	$24,904 +72.1%
2021	--	$14,470 +1%
2020	--	$14,330 -9.1%
2019	$225 +27.8%	$15,760 +28.5%
2018	$176	$12,260 +8.8%
2017	$176 -21.9%	$11,270 -20.9%
2016	$226 -1.9%	$14,250 +3.2%
2015	$230	$13,810

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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