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792 Cr 4945 Leonard, TX $ 3,750,000
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$ 3,750,000 Get more info
792 Cr 4945
$ 3,750,000
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Share Save

792 Cr 4945

Leonard, TX, 75452
$ 3,750,000
Baths0.0

Monthly Estimate*

$ 26,195

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Studio

Commercial Property for sale in Leonard, TX

for $3,750,000. This building was built in 2018 on a lot size of 14.896.

Incredible opportunity to purchase Magnolia Grace Ranch, an almost 15 acre wedding & events venue just off Hwy 78 in Leonard, TX. This beautiful property is divided by a creek with a newly installed culvert to allow driving between the two sides. The venue is located on the county road side and a beautiful meadow covers the back half of the property. The options for the back half include but are not limited to another venue, AirBnB sites, or outdoor event space. The stunning venue features over 8,000 AC sf plus over 4,000 of covered patios. Three wedding sites are already in place with countless other options available. There is a stocked pond adjacent to the venue that makes for a dramatic backdrop for any event. Separate bathrooms, bride and groom suites, catering kitchen, bar, loads of storage, and 2 upstairs lofts offer lots of space. The towering ceiling in the main event space is breathtaking. Events are booked through the end of 2023 and well into 2024. Ag exemption

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Commercial Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,288

Style

Business

Lot Size

14.896

Year Built

2018

Town/City

Leonard

County/Region

Fannin

MLS | Web ID

20516069
Features
General
Heating Electric
Cooling Central Air
Utilities City Water Electricity Connected
Ceiling Height More than 20 Feet
Possession Closing/Funding
Roof Metal
Year Built 2018
Business Type Hospitality
Business Name Magnolia Grace Ranch
Property SubType Business
Subdivision Name P W Price Surv Abs #1253
County Collin
Property Type Commercial Sale
Construction Materials Steel Siding
Year Built Details Preowned
Status Active
Directions Use GPS. Just north of Hwy 78 on CR 4945
City Leonard
Buyer Agent Compensation 3%
Street Name CR 4945
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Acreage Agricultural Cleared Landscaped Many Trees
Lot Size Source Assessor
Parking Features Circular Driveway Gravel Parking Lot
Lot Size 10 to < 50 Acres
Foundation Slab
Building Area Total 8065.00
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Interior
Flooring Concrete
Total Stories 2
Total Units 1
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Internal Only
Street Number 1 792
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* Excluded Features
List By
John Carney

Listing Agent

Jpar - Frisco

Broker

Affordability Calculator

$26,969
Per Month
97%
3%
0%
Monthly Principal & Interest
$26,195
Monthly Property Taxes
$774
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/19/2024 $3,750,000 Listed Price

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792 Cr 4945, Leonard, TX, 75452 is a Commercial Property for sale at $3,750,000 with a lot size of 14.896. 792 Cr 4945 is a studio with 0.0 baths and was built in 2018. The property's zip code is 75452 which is in Leonard, TX

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