0000 County Road 5040, Leonard, TX 75452

$1,600,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,600,000
MLS#
20897443
Status
ACTIVE
Type
Land
Subtype
Land
Style
Barndominium
Year Built
1950
Acres
64.50
County
Fannin
City
Leonard
Subdivision
T H Stovall A1089

Property Description

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.

Additional Information

Unexempt Taxes
$1,254
Lot Size
2,809,532
Acres
64.50
Lot Description
Agricultural, Back Yard, Cleared, Hardwood Trees, Lawn, Level, Pasture, Pond(s), Sloped, Few Trees, Wooded
School District
Leonard Isd
Elementary School
Leonard
Middle School
Leonard
High School
Leonard
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Dairy, Development, Grazing, Horses, Hunting, Investment, Orchard, Pasture, Ranch, Residential, Recreational

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Mark Wakeland from Wakeland Real Estate. Contact: 972-740-9472