Tbd Fm Hwy, Leonard, TX 75452

$760,125

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List Price
$760,125
MLS#
21288604
Status
ACTIVE
Type
Land
Subtype
Land
Style
Barndominium
Acres
77.17
County
Fannin
City
Leonard
Subdivision
D Cullin

Property Description

Discover an exceptional row crop farm offering versatility, productivity, and investment potential. Situated in the rapidly growing Fannin and Hunt County corridor, this one-of-a-kind property lies just east of Leonard along FM 272, with approximately 1,548 feet of FM frontage and an additional 2,389 feet along Hunt County Road 1055. The extensive road frontage provides outstanding opportunities for future division into smaller tracts for the investor. The farm with good soils carries an agricultural exemption, and none of the acreage falls within a FEMA designated floodplain. A highly regarded tenant farmer is currently in place, and the property boasts an excellent cropping history, including corn, wheat, and soybeans. Currently, this productive and unique farm is planted in corn that will be harvested in August. Nearly the entire tract is under cultivation—an increasingly rare find in this region. Whether you’re seeking a strong agricultural asset, long term investment, or land with development flexibility, this property delivers exceptional potential in every direction.

Additional Information

Unexempt Taxes
$216
Lot Size
3,361,525
Acres
77.17
Lot Description
Agricultural, Corner Lot
School District
Leonard Isd
Elementary School
Leonard
Middle School
Leonard
High School
Leonard
Possession
Negotiable
Proposed Use
Agricultural, Cattle, Development, Grazing, Hunting, Investment, Livestock, Pasture, Residential, Unimproved

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of DAVID NORMAN from DAVID NORMAN LAND COMPANY. Contact: 903-587-9898