7 photos
$303,000
N Fm 308
Milford, TX 76670
Rama krishna kanumuri, Avani Texas Realty LLC · (469) 996-7599
What the listing says
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 $1,860,000, or individual 10.1-acre tracts starting at $300,000. 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.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Land
HOA
None
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Questions about owner financing in Milford
What is owner financing for N Fm 308?
Owner financing means the seller of N Fm 308 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Milford, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Milford home?
There is no standard down payment. The seller of this Milford home sets their own, and it is negotiable. Ask the seller or their agent.