308 Fm
Milford, TX 76670
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About This Property
Owner financing available with 50% down, Please call listing agent for further details Prime Investment & Homesite Opportunity: 62 Acres with Exceptional Road Frontage Discover a versatile and highly accessible acreage tract in a rapidly growing corridor. This 62-acre premium farmland property offers a rare combination of agricultural productivity, immediate development potential, and excellent highway connectivity. Situated with massive dual road frontage nearly 1,400 feet on FM 308 and approximately 1,224 feet on Marble Lane this land is perfectly positioned for a single private estate, continued agricultural investment, or immediate subdivision. The owner is offering flexible purchasing options, allowing buyers to acquire the entire 62-acre tract for $1,600,000, or individual 10.1-acre tracts starting at $280,000.Flexible Purchase Options Entire Entirety (62 Acres): $1,600,000Individual Tracts (10.1 Acres): $280,000 per tract Note: Layouts are customizable. Buyers can choose approximately 300 feet of road frontage on either FM 308 or Marble Lane to suit their specific build or access requirements.Key Property Highlights Premium Topography: 100% out of the floodplain with excellent, high-quality soil currently utilized for productive row crop farming. Unmatched Accessibility: Located just 2 miles from Highway 77 and a quick 3.2 miles from I-35, providing seamless commuting while maintaining a peaceful rural lifestyle.Subdivision Friendly: The extensive dual-road frontage makes splitting the land into 1 to 6 smaller tracts highly efficient, minimizing infrastructure costs for developers.Financial Advantage: Currently holding an active Agricultural Exemption, keeping holding costs and property taxes exceptionally low.
Property Details
Property Type
Land
HOA
None
Listed Price
$280,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Milford
What is owner financing for 308 Fm?
Owner financing means the seller of 308 Fm acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Milford, TX is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Milford home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Milford property.