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TBD Palamino Drive Leonard, TX $ 665,000
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$ 665,000 Get more info
TBD Palamino Drive
$ 665,000
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TBD Palamino Drive

Leonard, TX, 75452
$ 665,000
Baths0.0

Monthly Estimate*

$ 4,095

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Studio

Lots and Land for sale in Leonard, TX

for $665,000. The lot size is 9.55.

Prime Residential Development Opportunity – Leonard, TX. Excellent investment and development opportunity featuring 9.55 total acres comprised of five separate parcel numbers. The property has received preliminary plat approval for an 11-lot subdivision, with proposed lot sizes ranging from approximately 0.165 acres to 3.68 acres. Much of the heavy lifting has already been completed. The seller has obtained preliminary plat approval from the city and has begun infrastructure improvements, including installation of new water and sewer lines to the front of each proposed lot and road upgrades. Completion of the remaining construction items and approval by the City Engineer will allow for final plat approval and the ability to sell the lots individually. Projected subdivision sellout value is great upon completion, creating an attractive opportunity for developers, builders, investors, or land bankers looking for a project that is well underway. Ideally located just off US Highway 69 and adjacent to a recently completed residential community, the property benefits from excellent access and strong residential growth in the area. Students are served by Leonard ISD, including a recently constructed elementary school. The seller is seeking an early exit to focus on other investment opportunities, creating a unique chance for a buyer to complete the project and capture the remaining upside. Property Highlights: 9.55 acres total, 5 separate parcel numbers, Preliminary plat approved for 11 lots, Lot sizes from approximately 0.165 to 3.68 acres, Water and sewer improvements underway, Road improvements in progress, Estimated sellout value is great, Adjacent to newer residential development, Convenient access to US-69, Leonard ISD schools, Significant entitlement and infrastructure work already completed. A rare opportunity to acquire a near-complete subdivision project in a growing North Texas market.

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Lots and Land Active

Price

$ 665,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

9.55

Town/City

Leonard

County/Region

Fannin

MLS | Web ID

21304397
Features
General
Development Status City Limits Plat Approved Utilities Installed Other
Utilities City Sewer City Water
Possession Closing/Funding
Restrictions Development
School District Leonard ISD
Property Subtype Unimproved Land
Subdivision Name PALAMINO 1ST ADDITION
County Fannin
Property Type Land
HOA Type None
Status Active
Directions GPS 920 Palamino Dr Leonard TX
City Leonard
Elementary School Name Leonard
High School Leonard
Elementary School Leonard
Standard Status Active
Junior High School Leonard
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Exterior
Waterfront 0
Lot Features Acreage Cul-De-Sac Interior Lot Subdivision
Lot Size 5 to < 10 Acres
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* Excluded Features
List By
Terence Burnside

Listing Agent

Blvd Real Estate

Broker

Affordability Calculator

$4,095
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,095
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/17/2026 $665,000 Listed Price

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TBD Palamino Drive, Leonard, TX, 75452 is a Lots and Land for sale at $665,000 with a lot size of 9.55. TBD Palamino Drive is a studio with 0.0 baths. The property's zip code is 75452 which is in Leonard, TX

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