TBD Fm 981 Leonard, TX $ 1,155,000
TBD Fm 981
$ 1,155,000
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TBD Fm 981

Leonard, TX, 75452
$ 1,155,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 7,977

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Lots and Land for sale in Leonard, TX

for $1,155,000. The lot size is 63.589.

This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. There are plans underway to widen FM 981, which is scheduled to intersect with the proposed Collin County Outer Loop. The land is currently under agricultural use (hay) and features three ponds, four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. There are deed restrictions attached to the property but currently no zoning.

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Lots and Land Active

Price

$ 1,155,000

Property Type

Lots and Land

Taxes

$ 201

Style

Improved Land

Lot Size

63.589

Town/City

Leonard

County/Region

Fannin

MLS | Web ID

21423033

Features
General
Development Status Unzoned
Heating None
Utilities Co-op Electric Co-op Water Individual Water Meter
Possession 60-90 Days Negotiable
current use Crops
Restrictions Deed
School District Leonard ISD
Crops Bluestem Common Bermuda
AG Exemption Y
Property Subtype Improved Land
Subdivision Name NA
Occupant Type Vacant
County Collin
Property Type Land
HOA Type None
Status Active
Directions From HWY 78 south on FM 981 approximately 3.2 miles property is on the west side of FM 981.
City Leonard
Elementary School Name Leonard
High School Leonard
Elementary School Leonard
Standard Status Active
Junior High School Leonard
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Exterior Features Stable/Barn
Lot Features Acreage Agricultural Few Trees Oak Sloped Tank/ Pond
Vegetation Cleared Crop(s) Grassed Partially Wooded
Fencing Barbed Wire
Soil Type Black
Lot Size 50 to =< 100 Acres
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* Excluded Features
List By
Jimmy Wortham

Listing Agent

Bois D'arc Realty, Llc

Broker

Affordability Calculator

$7,994
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,977
Monthly Property Taxes
$17
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
Date Price Price Change Description
10/28/2026 $1,155,000 Listed Price

Map


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TBD Fm 981, Leonard, TX, 75452 is a Lots and Land for sale at $1,155,000 with a lot size of 63.589. TBD Fm 981 has 0.0 baths. The property's zip code is 75452 which is in Leonard, TX