• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of Wakeland Real Estate- MLS# 20897443MLS ProviderContact Information: Mark Wakeland - 972-740-9472

0000 County Road 5040Leonard, TX 75452

Vacant Land · 64.50 Acres
$1,600,000 Active

0000 County Road 5040 Overview

Visits:
28

Discover the perfect blend of peace, productivity, and convenience on this exceptional 65± acre ag exempt ranch just 5 minutes from Leonard, less than 10 minutes to SH 121, and only 30 minutes from McKinney. Tucked away at the dead end of a quiet county road, this ranch offers privacy and breathtaking views, making it ideal for both working livestock operations and peaceful country living. Fully fenced and cross-fenced into six pastures, the land is designed for efficient cattle or horse grazing. Electricity and Public water available to the ranch including to the ranch house, and multiple underground lines and hydrants provide ample water locations for livestock. Fertile backland soils support strong grass growth, and the property includes a large pond, greenbelt area, and gently rolling terrain that enhances both beauty and function. The west and north ends are mostly level, while the southeast portion slopes gently, offering stunning views from the existing ranch house perched on a hilltop. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens complete with a loading chute. Whether you're expanding a livestock operation, looking for a private weekend getaway, or ready to build your dream home, this property delivers. Don't miss this rare opportunity to own a scenic, well-equipped ranch in a prime location.

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0000 County Road 5040 Facts & Features

  • Type Vacant Land
  • Lot 64.50 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Leonard ISD
  • Elementary School: Leonard
  • Middle Or Junior School: Leonard
  • High School: Leonard

Building Information

  • Year Built: 1950

Business Information

  • Current Use: Agricultural,Cattle,Grazing,Livestock,Ranch,Recreational

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: LEONARD
  • Subdivision Name: T H Stovall A1089

Tax Information

  • Tax Annual Amount: 1254.0

General Information

  • Disclosures: Flood Plain Disclosure
  • Listing Terms: Cash,Conventional,VA Loan
  • Possible Use: Agricultural,Cattle,Dairy,Development,Grazing,Horses,Hunting,Investment,Orchard,Pasture,Ranch,Residential,Recreational
  • Property Sub Type: Ranch
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Back Yard,Cleared,Hardwood Trees,Lawn,Level,Pasture,Pond on Lot,Sloped,Few Trees,Wooded
  • Lot Size Acres: 64.498
  • Lot Size Area: 64.498
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2809532.88
  • Lot Size Units: Acres
  • Road Surface Type: Gravel
  • Vegetation: Cleared,Grassed,Partially Wooded
  • Water Source: Community/Coop

Building Exterior/Construction

  • Architectural Style: Barndominium

General Information

  • Fencing: Barbed Wire,Pipe
  • Horse Amenities: Barn,Stock Pen(s)
  • Other Structures: Barn(s)
  • Road Frontage Type: County Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Electricity Connected,Septic Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0000 County Road 5040 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0000 County Road 5040 Market Data

Based on the last 30 days in this zip code

$589,295
Average List Price
$249
Average Price per Square Foot
5
Properties Sold
119
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network


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