Listing provided courtesy of Monument Realty- MLS# 21173100MLS ProviderContact Information: Chaz Cameli - 714-580-6346

7939 S State Highway 78Leonard, TX 75452

Farm/Ranch · 3 Beds · 2 Full Baths · 2,118 Sq. ft. | 17.61 Acres
$624,999 Active

7939 S State Highway 78 Overview

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MAJOR PRICE REDUCTION. Priced aggressively at land value with over 17 acres, multiple access points, and no restrictions. Rare opportunity in this area just outside Leonard, where privacy, versatility, and recent upgrades converge on a sprawling 17.6-acre property with no restrictions and dual road access from both State Highway 78 and County Road 3701. Set back from view with gated access, this private homestead features a 3-bed, 2-bath main home with extensive upgrades: roof (2023), HVAC (2024), windows (2025), new interior doors, paint, fixtures, thermostat, and tile in the bedrooms (5 years old). The kitchen is fully updated, featuring 10K in new cabinetry and modern finishes. The guest bath includes a newly replaced shower and a new vanity and sink. Built on an 8-inch post-tension slab with two-foot piers. A 640 sq ft (16x40) tiny home with its own entrance off CR 3701 includes 2 bedrooms, a bathroom, a full kitchen, and a living room—ideal for guests, rental income, or extended family. The property also includes a 12x16 barn with a storage loft, a 10x20 red storage shed (spray foam insulated) attached to a two-stall carport, and an 8x20 blue shed attached to a three-stall carport. Additional features include a fenced garden and a livestock feeding and grazing area. The entire property is fully fenced and extremely private. The main home is not visible from FM 68 or Hwy 78. Property may be subdivided. Area highlights: Minutes from Bois d’Arc Lake, now open for boating, fishing, and recreation, and the future Lake Ralph Hall, projected to be completed by 2026. These two major reservoirs are transforming the region into a recreational and residential destination with increasing long-term value. No restrictions. Bonham ISD. A move-in-ready, high-potential property offering privacy, functionality, and investment upside.

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7939 S State Highway 78 Facts & Features

  • Type Farm/Ranch
  • Sq. ft. 2,118
  • Price/Sq.ft. $295
  • Lot 17.61 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Bonham ISD
  • Elementary School: Finleyoate
  • Middle Or Junior School: Rather
  • High School: Bonham

Building Information

  • Year Built: 1998
  • Year Built Details: Preowned

Business Information

  • Current Use: Other

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: LEONARD
  • Subdivision Name: A0343 EM EUBANKS ACRES

Tax Information

  • Tax Annual Amount: 7545.0

General Information

  • Disclosures: Accessory Dwelling Unit
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Possible Use: Other
  • Property Sub Type: Farm
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Electric Range
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Interior Features: Other
  • Levels: One
  • Living Area: 2118.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Additional Parking,Carport,Gravel

Lot Information

  • Lot Size Acres: 17.615
  • Lot Size Area: 17.615
  • Lot Size Square Feet: 767309.4
  • Lot Size Units: Acres
  • Road Surface Type: Dirt,Gravel
  • Water Source: Community/Coop

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Detached
  • Property Attached: No
  • Structure Type: House

General Information

  • Carport: No
  • Horse Amenities: Other
  • Pool Features: None
  • Road Frontage Type: County Road,Highway
  • Sewer: Septic Tank
  • Utilities: Septic Available,Water Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 10 x 10
  • Length: 10.0
  • Width: 10.0

Room: Bedroom

  • Level: First
  • Dimensions: 10 x 10
  • Length: 10.0
  • Width: 10.0

Room: Dining Room

  • Level: First
  • Dimensions: 9 x 13
  • Length: 9.0
  • Width: 13.0

Room: Living Room

  • Level: First
  • Dimensions: 13 x 19
  • Length: 13.0
  • Width: 19.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 10 x 14
  • Length: 10.0
  • Width: 14.0

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.

7939 S State Highway 78 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.

7939 S State Highway 78 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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