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$500,000
21304397 MLS
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.

Tbd Palamino Dr, Leonard

$399,898
3 Beds 2 Baths 21295996 MLS
Motivated SELLER!!! Looking for acreage with endless possibilities? This little-over-15-acre property in Leonard, Texas offers the freedom to create your own vision with no known restrictions! The property features a 3-bedroom, 2-bath double-wide home that could use some TLC, making it a great opportunity for those looking to renovate, invest, or use it as a temporary residence while building their dream home. The mobile home could potentially be moved, allowing you to take full advantage of the beautiful homesite. A second homesite is already in place with its own septic system, providing even more flexibility for additional living space, a guest house, rental property, or future build. With approximately 600 feet of road frontage, mature trees, and plenty of room for livestock, recreational activities, workshops, equipment, or simply enjoying country living, this property is packed with potential. Whether you’re searching for a homestead, investment opportunity, or the perfect place to build your forever home, this unrestricted acreage is ready for your ideas to come to life. Bring your vision and make this property your own! Call today for more information or to schedule a private tour.

658 County Road 5012, Leonard

$707,000
21288604 MLS
Reduced! ... Discover an exceptional row crop farm offering versatility, productivity, and investment potential. Situated in the rapidly growing Fannin and Hunt County corridor, this one-of-a-kind property lies just east of Leonard along FM 272, with approximately 1,548 feet of FM frontage and an additional 2,389 feet along Hunt County Road 1055. The extensive road frontage provides outstanding opportunities for future division into smaller tracts for the investor. The farm with good soils carries an agricultural exemption, and none of the acreage falls within a FEMA designated floodplain. A highly regarded tenant farmer is currently in place, and the property boasts an excellent cropping history, including corn, wheat, and soybeans. Currently, this productive and unique farm is planted in corn that will be harvested in August. Nearly the entire tract is under cultivation—an increasingly rare find in this region. Whether you’re seeking a strong agricultural asset, long term investment, or land with development flexibility, this property delivers exceptional potential in every direction.

Tbd Fm Hwy, Leonard

$1,200,000
7 Beds 7 Baths 21275282 MLS
Nestled on 9 picturesque acres only 40 minutes from McKinney, this unique property presents the perfect opportunity for multi-generational living or investment revenue with 3 separate, low maintenance homes as well as a 40X30 foamed shop with HVAC,& full RV hookups. The main house has 3000 sqft with 4 beds, 3.1 baths, a study (or 5th bedroom), durable stained concrete flooring throughout as well as energy efficient foam insulation, tankless water heater. With an abundance of natural light, amazing views of the pastures and tree line, the main living space, dining area & kitchen are the heart of this home. Gorgeous butcher block countertops, a 5 burner gas range with pot filler, walk in pantry & an expansive island with bar seating are a chef’s dream! The master retreat is truly a place to unwind in the footed soaking tub or oversized shower. The second home on the property, built in 2016, is a 1 bed,1 bath 720 sqft cottage with full size kitchen & a surprising amount of storage. The covered front porch provides additional living & dining space. The 3rd home was built in 2023 with 2 beds, 2 baths & has a front porch, split bedrooms & an open living, kitchen space. It is perfect!

3027 Nw State Highway 11, Leonard

$449,000
21273726 MLS
Located just outside the city limits of Leonard in growing Fannin County, this 15.78-acre tract offers an excellent opportunity for future residential development, investment, or a private homesite. With frontage along a Farm-to-Market road and nearby utilities in the area, the property combines accessibility with a Texas Country setting that is increasingly difficult to find. Mostly wooded with level topography, this property provides flexibility for a variety of potential uses. An older home currently sits on the property and is considered to have little to no contributory value, making this a true land-focused offering with a clean slate for future improvements. Surrounding development activity continues to support long-term potential in this area, including neighboring acreage that is currently being developed into a residential neighborhood. Whether intended for a single estate property, multiple homesites, or future development, this tract is well-positioned in one of North Texas’ steadily growing corridors. Important to note, while portions of the surrounding area contain floodplain, this property is not located within a FEMA flood zone — a valuable designation for future planning and development.

3150 Fm 272, Celeste

$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

$249,000
3 Beds 2 Baths 21268943 MLS
Welcome home to this beautifully renovated 3-bedroom, 2-bath residence in the heart of Leonard. Situated on an oversized corner lot with no HOA, this move-in-ready home offers the perfect blend of modern updates and small-town charm. Inside, you'll find over 2,000 square feet of thoughtfully updated living space featuring fresh interior and exterior paint, brand-new flooring, a completely remodeled kitchen with new appliances, and beautifully updated bathrooms. The spacious bonus room provides endless possibilities as a home office, game room, media room, or fourth bedroom. Major improvements—including a new roof and HVAC system in 2024—offer peace of mind for years to come. The attached two-car garage, covered patio, and expansive backyard create the perfect setting for entertaining, relaxing, or enjoying outdoor activities. Conveniently located just minutes from schools, parks, downtown Leonard, and an easy commute to the growing North Texas corridor, this home delivers exceptional value, modern comfort, and room to grow. Don't miss your opportunity to own a turnkey home on one of Leonard's most desirable oversized lots. Schedule your private showing today.

312 E Cottonwood St, Leonard

$695,000
3 Beds 2 Baths 21261189 MLS
Motivated sellers!!! Nestled in the peaceful countryside of Leonard, this charming property offers the perfect blend of rural living and open space on 13 fully fenced, ag-exempt acres. The home features several upgrades, including a metal roof, aerobic septic system replaced in 2025, updated kitchen finishes, and more. Inside, you’ll find two spacious living areas, abundant storage, and generous closet space throughout. Perfect for livestock, horses, or simply enjoying wide-open Texas skies, the property includes a large loafing shed with stalls, another livestock shed, a separate smaller fenced run for animals, and plenty of room to expand, garden, or create your ideal outdoor setup. A pond located in the back pasture offers a great spot for livestock to cool off during the Texas summer heat. Enjoy peaceful country views, privacy, and the freedom of acreage living while still being conveniently located near town amenities. Whether you're searching for a homestead, hobby farm, or weekend retreat, this property is full of opportunity and Texas charm. The wood-burning fireplace adds warmth and comfort, providing a cozy backup heat source during colder months or power outages. Storm shelter as well so you're safe from any naders! This property has it all, just missing YOU! Contact your favorite agent to see it today.

1217 County Road 4705, Leonard

$720,000
21260042 MLS
Spanning just over 23 picturesque acres in Blue Ridge, this exceptional property offers endless possibilities for those seeking space, freedom, and a connection to the outdoors. With no known restrictions, you have the flexibility to bring your vision to life. Whether it’s building your dream home, establishing a working ranch, or creating a private weekend retreat. The land features lush pastures, scattered mature trees, and beautiful open space ideal for cattle, horses, or recreational use. Situated outside of a flood plain, this acreage provides added peace of mind and usability. Located within the highly regarded Leonard Independent School District. Enjoy the balance of quiet country living with convenient access to nearby cities including Greenville, Leonard, and Farmersville for shopping, dining, and everyday needs. Whether you’re looking to start a farm and ranch operation or build a peaceful escape from the city, this property is the perfect canvas to make your dreams a reality.

14991 County Road 1100, Blue Ridge

$277,680
21257447 MLS
Escape the cookie-cutter neighborhoods and discover the freedom of true Texas country living! This beautiful 10+ acre property in Leonard offers the perfect blend of wide-open spaces, convenience, and endless possibilities. Imagine waking up to rolling views from the property's scenic hilltop, enjoying the shade of mature pecan trees, and spending evenings overlooking your own pond as the sun sets across the countryside. With water available at the road and no deed restrictions, you're free to create the lifestyle you've always wanted—build your dream home, a barndominium, a family compound, a workshop, or even operate your business right from your property. Enjoy the peace and privacy of having acreage around you instead of rows of neighboring tract homes, while still being just 5 minutes from Leonard High School and US-69 for an easy commute. Plus, you're only about 30 minutes from McKinney, giving you quick access to shopping, dining, and entertainment without sacrificing the charm of country life. Whether you're looking for a place to build, invest, work, or simply spread out and enjoy the fresh air, this property offers the freedom, views, and location that are becoming harder to find every day. Come experience the best of country living—where the stars shine brighter, the views stretch farther, and the possibilities are endless. ????? Additional lots 1 MLS 21257143 and Lot 2 MLS 21257370 are available for purchase. All lots are available individually or combined.

Tbd County Road 4725, Leonard

$280,800
21257370 MLS
Escape the cookie-cutter neighborhoods and discover the freedom of true Texas country living! This beautiful 10+ acre property in Leonard offers the perfect blend of wide-open spaces, convenience, and endless possibilities. Imagine waking up to rolling views from the property's scenic hilltop, enjoying the shade of mature pecan trees, and spending evenings overlooking your own pond as the sun sets across the countryside. With water available at the road and no deed restrictions, you're free to create the lifestyle you've always wanted—build your dream home, a barndominium, a family compound, a workshop, or even operate your business right from your property. Enjoy the peace and privacy of having acreage around you instead of rows of neighboring tract homes, while still being just 5 minutes from Leonard High School and US-69 for an easy commute. Plus, you're only about 30 minutes from McKinney, giving you quick access to shopping, dining, and entertainment without sacrificing the charm of country life. Whether you're looking for a place to build, invest, work, or simply spread out and enjoy the fresh air, this property offers the freedom, views, and location that are becoming harder to find every day. Come experience the best of country living—where the stars shine brighter, the views stretch farther, and the possibilities are endless. ????? Lot 1 MLS is 21257143 with home available for purchase. or lot 3 MLS 21257447

Tbd County Road 4725, Leonard

$597,040
2 Beds 2 Baths 21257143 MLS
Now is your chance to have your dream 10 acre ranch. The home was built for gatherings with a kitchen that can handle big groups. There is a large island with a second sink, pantry, plenty of storage and light. The living room has built in shelving and a statement fireplace that great you and hold all of your treasures. All of the details are built around convenience. There is a large entry that helps keep everything clean and separate. As well as a screened in porch in the back to enjoy the quiet scenery. The home has fresh paint and is move in ready. There is an old home site that has its own septic. Large barn for equipment just needs a partial roof. Lot is fenced for animals. No deed restrictions gives this endless possibilities.

Tbd County Road 4725, Leonard

$525,000
21254105 MLS
Nestled in the scenic rolling hills of Valley Creek in Leonard, this beautiful 20-acre property offers the perfect blend of open pasture and natural charm. The land features a productive hay pasture complemented by mature hardwood trees scattered throughout, providing both shade and picturesque views. Improvements include an old barn full of character, along with the convenience of two water meters and one electric meter already in place. The current older home on the property is of little value, agricultural use, or investment potential. With gently rolling terrain and wide-open space, this property is well-suited for livestock, recreation, or building your dream home in a peaceful country setting. Enjoy the tranquility of rural living while still being within reach of nearby amenities. A rare opportunity to own versatile acreage in a desirable area.

3392 Fm 896, Leonard

$379,000
4 Beds 3 Baths 21246807 MLS
PRICE REDUCED!! MOTIVATED SELLERS!! MOVE-IN READY!! IT'S HERE! New carpet for BONUS ROOM or 2nd Primary Bedroom!! New Survey Available. Discover a rare opportunity to own a spacious 4-bedroom, 3-bath home situated on a beautifully manicured 0.893-acre lot. This 2,160 sq ft home offers both comfort and open spaces, featuring a two-car attached garage, a stone patio perfect for relaxing or entertaining, and multiple outbuildings to meet a variety of needs. Price reduced! Motivated Sellers! The property includes an 18 x 10 steel-frame storage building, an additional 24 x 40 steel-frame shop, with electricity and water. Originally built in 1985, the home has been updated to include a 576 sq ft primary bedroom suite, with walk in closet, an addition that created a second primary bedroom, or great for a mother-in-law suite. The foundation has been repaired in the past around the garage. In June 2024, a new roof was installed using heavy-duty, impact-resistant Class 2 Tamko Heritage shingles for added durability and peace of mind. Located in the welcoming community of Leonard, this home offers the best of country living while remaining conveniently close to everyday essentials such as shopping, dining, healthcare, and retail services. Leonard is known for its friendly atmosphere and strong school system, which just this year opened a new elementary school building, offering students a wide range of opportunities. If you’re looking for space, functionality, and small town charm, this property is ready to welcome you home.

1004 Palamino Dr, Leonard

$525,000
21244974 MLS
Welcome to the perfect blend of rural serenity and modern potential on this stunning 22.6-acre tract. Offering a beautiful country setting with expansive views and a scenic pond, in Leonard ISD. Located within the Leonard ETJ, this property offers the unique advantage of no city taxes and increased flexibility for land use. This land is an excellent choice for a private ranch, a small cattle operation, or investment. For developers, the ETJ status and local zoning history supports residential subdivision potential. The location is incredibly convenient, situated just minutes from Hwy 69 and Downtown Leonard’s shopping, dining and schools. Just outside the DFW metroplex and a short drive to the new Bois d’Arc Lake. Utilities accessible and a gated entrance from paved FM 272. Currently holds an AG exemption for tax savings. Whether you are building your dream estate or investing in Fannin County’s growth, this versatile acreage is ready for your vision.

Tbd Fm 272, Leonard

$260,900
3 Beds 2 Baths 21248999 MLS
OWNER FINANCING!!! BAD CREDIT OK!!! Welcome to peaceful country living at its finest. This charming home at 3828 FM 272 in Celeste offers the perfect blend of open space and cozy comfort. Set on a spacious lot with room to roam, you'll love the quiet, scenic setting just outside of town. The home features a traditional layout with generously sized rooms, an inviting living area, and a kitchen ready for your personal touches. Whether you’re looking for a homestead, investment opportunity, or a place to enjoy wide-open skies, this property delivers. *OWNER FINANCING* is available with no credit score requirements. All buyers are welcome to apply. Enjoy the best of rural Texas living with easy access to nearby towns and schools. Bring your animals, your dreams, and make this one your own.

3828 Farm Rd, Celeste

$149,700
21233724 MLS
Motivated Seller--DON’T MISS OUT ON THE LAST AVAILABLE LOT in Bar D Ranch Estates! Utilities and streets already installed. This is the perfect setting to build the dream home you’ve been envisioning. With frontage on both Hwy 78 and CR 4833, you have the rare flexibility to choose your preferred address and access point. A creek runs alongside the property, adding natural beauty and privacy to your future homesite. Bar D Ranch Estates is ideally located just outside Leonard, Texas—south of 121—making your commute smooth and convenient. Enjoy the benefits of deed restrictions, no HOA, and no city taxes while still being part of a well-maintained, desirable subdivision. Opportunities like this don’t come around often. Secure this last lot before it’s gone. Bring your own builder or We will build it for you.

Tbd County Road 4833, Leonard

$825,000
4 Beds 2 Baths 21228781 MLS
Incredible 22+Acre Estate With Beautiful Sunsets Offers The Ultimate In Comfort, Functionality, And Sustainable Living! This Exceptional Property Features Custom Butcher Block Countertops, Stainless Steel Appliances, A Spacious Pantry With Barn Door, A Breakfast Bar, And An Inviting Eat-In Kitchen. The Utility Room Offers A Sink And A Second Pantry, Great For Extra Storage. The Living Room Features A Cozy Masonry, Wood-Burning Fireplace, Creating A Warm And Inviting Space. Add To That A Huge Game Room, Providing That Flexible Extra Space To Enjoy Whatever Your Heart Desires. Easy-To-Clean Laminate Hardwood Flooring Flows Throughout The Home, Keeping It Virtually Allergy Free. The Bedrooms Are Spacious, And The Covered Front Porch Is The Perfect Spot To Enjoy The Relaxing Country Views. Extras In This Home Include A Full House Water Filtration System, Attic With Foam Insulation, A Newer HVAC System, And Solar Panels That Keep Utility Bills Exceptionally Low. Outdoors, You’ll Find A Nearly One-Acre Pond, Hiking Or Biking Trails, Goat Or Calf Shelters With Fencing, A 500 Square Foot Chicken House, And Two Large Outbuildings. One Is 720 Square Feet With Both 30 Amp And 50 Amp Service For Easy RV Hookup. The Other Is 884 Square Feet With Two 12-Foot Doors And An Unfinished Bathroom Area, Offering Incredible Flexibility. Enjoy The Peace And Privacy Of Wide-Open Spaces, Breathtaking Sunsets, And Plenty Of Room For Horses, Livestock, Gardening, Or Recreation. This Bonham Gem Is Truly A Rare Find For Those Seeking A Spacious, Self-Sufficient Lifestyle With Room To Spread Out And Thrive! Ask About The 2-1 Buydown Available!

3823 State Highway 11, Bonham

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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