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0000 County Road 5040 Leonard, TX $ 1,600,000
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$ 1,600,000 Get more info
0000 County Road 5040
$ 1,600,000
Back to search
Share Save

0000 County Road 5040

Leonard, TX, 75452
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 9,982

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Studio

Lots and Land for sale in Leonard, TX

for $1,600,000. This property was built in 1950 on a lot size of 64.498.

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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Lots and Land Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,254

Style

Ranch

Lot Size

64.498

Year Built

1950

Town/City

Leonard

County/Region

Fannin

MLS | Web ID

20897443
Features
General
Development Status Unzoned
Utilities Co-op Electric Co-op Water Electricity Available Electricity Connected Gravel/Rock Septic
Possession Closing/Funding
current use Agricultural Cattle Grazing Livestock Ranch Recreational
Restrictions No Restrictions
School District Leonard ISD
Crops Common Bermuda
Year Built 1950
Property Subtype Ranch
Subdivision Name T H Stovall A1089
Occupant Type Owner
County Fannin
Property Type Land
HOA Type None
Special Notes Aerial Photo Flood Plain Verify Tax Exemptions
Status Active
Directions Use GPS maps to County Road 5040 Leonard Texas. Go east on CR 5040 to dead end of road. Property and entrance gate on the left (north side of road). Look for realtor sign on entrance gate.
City Leonard
Elementary School Name Leonard
High School Leonard
Elementary School Leonard
Standard Status Active
Junior High School Leonard
Listing Terms Cash Conventional VA Loan
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Exterior
Lot Features Acreage Agricultural Cleared Few Trees Level Lrg. Backyard Grass Cedar Oak Pasture Sloped Tank/ Pond
Vegetation Cleared Grassed Partially Wooded
Fencing Barbed Wire Pipe
Soil Type Black
Other Structures Barn(s)
Lot Size Source Assessor
Lot Size 50 to =< 100 Acres
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Mark Wakeland

Listing Agent

Wakeland Real Estate

Broker

Affordability Calculator

$10,086
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
287173 Elementary School
3676477 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/8/2025 $1,600,000 Listed Price

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0000 County Road 5040, Leonard, TX, 75452 is a Lots and Land for sale at $1,600,000 with a lot size of 64.498. 0000 County Road 5040 is a studio with 0.0 baths and was built in 1950. The property's zip code is 75452 which is in Leonard, TX

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