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$325,000
3 Beds 2 Baths 21336792 MLS
Welcome to 1015 FM 981 in Leonard, Texas is a beautifully updated, move-in ready home nestled on just shy of 2 acres, with the perfect balance of open space and mature trees. Whether you're dreaming of a small homestead, room for farm animals, or simply more space to enjoy country living, this property offers the ideal setting. Inside, you'll find extensive updates that provide both style and peace of mind, including new roof with impact-resistant shingles, new Lennox HVAC system, new Hardie siding, continuous luxury LVP flooring throughout, new aerobic septic system (2025), new water heater, and so much more. The spacious eat-in chef's kitchen has been thoughtfully refreshed with new designer backsplash, stainless steel farmhouse sink, and new dishwasher (2025), creating a space that's as functional as it is beautiful. The inviting living room is anchored by a striking wood-burning stove, offering warmth and character for cozy evenings at home. The 4-car tandem garage gives you the space for farm equipment, man-cave, or additional storage. Additional updates include refreshed lighting and beautifully renovated bathrooms throughout. A versatile bonus game room or playroom provides flexible space for entertaining, a media room, home office, or play area. With modern upgrades already completed, acreage to enjoy, and a location that offers the best of peaceful country living while remaining conveniently accessible, 1015 FM 981 is truly turnkey and ready for its next owners. Come experience all this exceptional property has to offer!

1015 Fm 981, Leonard

$469,500
5 Beds 3 Baths 21349317 MLS
**GUEST HOUSE • ADU • MULTI-GENERATIONAL LIVING • HEATED POOL & SPA • NEARLY 1 ACRE • NO HOA!** Rare opportunity in Leonard, TX offering flexible living space, potential rental income and room to entertain. This move-in-ready property features a spacious **5-bedroom, 3-bath main home PLUS a private 868-SF guest house ADU**—ideal for a mother-in-law suite, extended family, guests, home office or potential income-producing space. The separate guest house features its **own private entrance, full kitchen, bedroom, bathroom and laundry**, providing true independent living. Inside the main home, enjoy an open-concept layout, wood-burning fireplace, plantation shutters and a beautifully remodeled kitchen (2025) featuring upgraded cabinetry, granite countertops, abundant storage and modern finishes. Recent improvements include a **Class 3 impact-resistant roof (2025)**, 3-car carport (2024), exterior lighting and automated sprinkler system. Step outside to your own private backyard retreat with a **heated in-ground pool and spa**, pergola-covered entertaining area, mature landscaping, pool house and plenty of outdoor space on approximately **0.90 acre**. Additional improvements include a new pool pump and vacuum (2025) and guest house roof (2022). Conveniently located near **Highways 69 and 78** with easy access to surrounding North Texas communities while enjoying small-town Leonard living. **NO HOA.** Whether you're searching for a **multi-generational home, property with a guest house, mother-in-law suite, ADU, separate living quarters, home with a pool, or potential rental-income property**, 511 S Sulphur offers a combination that's difficult to find. **Schedule your private showing today!**

511 S Sulphur St, Leonard

$925,000
3 Beds 3 Baths 21282258 MLS
From the moment you arrive, this Collin County ranch makes a statement. A solar-powered, remote-controlled arched entrance gate welcomes you down a quiet county road lined with pipe fencing along the entire front parcel. Mature trees and manicured lawn frame the brick and stone exterior as you approach, with rock landscaping and enhanced plantings completing the curb appeal. Inside, the custom ranch-style home offers 3 bedrooms, a loft, and 2.5 baths finished with hardwood and tile flooring throughout. Built-ins anchor both the family room and office, while custom shutters and motorized blinds in the primary bedroom add a refined touch. The screened porch and outdoor kitchen make outdoor living effortless, and a whole-home Generac generator installed in 2024, paired with whole-home surge protection, ensures uninterrupted comfort. Wi-Fi extends from the home to the barn and shop via an on-property tower, supporting full work-from-home capability. The shop is equipped for serious use, featuring a 20-foot automatic roll-up door and 30 50-amp electrical service to accommodate RV hookup and heavy equipment needs. The 40x60 barn is purpose-built and drive-through designed, eliminating the need to turn vehicles or trailers around. Five roll doors provide ventilation and hay delivery access, and the facility includes a wash rack, tack room, feed room, fans, and two 24x24 oversized stalls that open directly to pasture turnout. An automatic roll-up door anchors the front entrance. RAMM flex fencing with electric wiring runs the full perimeter. Water and power extend to the pasture, barn, and shop. A walk-through pedestrian gate and double-wide swing livestock gate complete the entry system for daily ranch operations.

16900 County Road 706, Leonard

$574,500
4 Beds 2 Baths 21299163 MLS
*** Seller is offering strong incentives and is open to negotiations *** NEW ROOF June 2026*** Welcome to wide-open country living on 6 beautiful acres tucked away at the end of a quiet cul-de-sac. If you’ve been dreaming of space, privacy, and a slower pace of life, this property offers the kind of setting that’s getting harder to find. Start your mornings with coffee overlooking your land, spend your evenings fishing in two stocked ponds, and wind down under big Texas skies around a fire. There’s room here to breathe, grow, and truly enjoy the outdoors. Inside, the home offers a spacious and flexible layout designed for both everyday living and hosting family. Features include a private mother-in-law suite and a dedicated office that can easily serve as an additional bedroom. The main living area is anchored by a cozy fireplace and opens to a warm, inviting kitchen with granite countertops, tile backsplash, and a breakfast bar. A separate dining area provides space for gathering and making memories. The split-bedroom floor plan offers added privacy, while the primary suite includes a garden tub, separate shower, and two oversized walk-in closets. Step outside and take in everything this property has to offer, including a large shop with electricity and plenty of room for RV parking, boats, trailers, and equipment. The acreage is well-suited for a variety of uses and provides the flexibility to accommodate livestock, recreation, or simply enjoying the open space. Trane HVAC system replaced approximately 7 to 8 years ago. Conveniently located approximately 20 minutes from Bonham, 35 minutes to McKinney or Sherman, and about 1 hour from DFW Airport, this property offers the feel of true country living without being too far from town. Schedule your showing today and come experience it for yourself - this property won’t last long. Bring all offers!

120 Wagon Wheel Cir, Leonard

$1,250,000
5 Beds 4 Baths 21248107 MLS
Expansive and thoughtfully upgraded, this 5,041 sq ft estate sits on 2.4 acres and offers exceptional space, functionality, and style. The main home features 4 bedrooms and 3 bathrooms, with an office. Plus, a private mother-in-law suite attached off the garage—ideal for multi-generational living or guests. Inside, you’ll find abundant natural light, ceramic wood-look flooring throughout the downstairs, and striking cedar beams anchoring the spacious living area. The chef’s kitchen is built to impress with an oversized quartz island, a commercial-grade gas oven (2023), and a new dishwasher and microwave (2025). Craving a mancave experience, upstairs you will find a 2nd living room, game-media room, and a second primary bedroom with a full bath upstairs. Energy efficiency is top tier with spray foam insulation, two water heaters (2022) solar panels installed in (2024), and backup batteries added in (2025). Step outside to your own private retreat featuring an in-ground pool, gas fire pit, and outdoor kitchen—perfect for entertaining year-round. The property also includes a 30x40x12 barn with RV space, giving you the flexibility for hobbies, storage, or business use. Seller is selling the back 11 acres, which is AG exempt: MLS 21208428.

1221 Fm 272, Leonard

$615,000
3 Beds 2 Baths 21227459 MLS
8-acre property includes a 3-bedroom, 2-bath home situated on approximately 1.5 acres of yard area, with the remaining acreage fenced and cross-fenced. The home features mature landscaping in front and covered front and back patios for coffee drinking, or sunset watching! The property includes a barn with horse stalls, electricity installed, and double roll-up doors that accommodate equipment storage or increased ventilation. Two separate water meters and separate electric meters provide flexibility for residential and agricultural or livestock needs. The barn has half that was used as a party barn and therefore has a raised concrete pad for entertaining. The fire pit out front makes this property ready or your ideas. (The property has 2 separate Property IDs with Fannin County.)

420 County Road 4825, Leonard

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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