Tbd Fm 981, Leonard, TX 75452

List Price
$1,155,000
MLS#
21423033
Status
ACTIVE
Type
Land
Subtype
Land
Acres
63.59
County
Collin
City
Leonard
Subdivision
NA

Property Description

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 no current zoning or deed restrictions associated with the property. The red property lines on the photos were added and are approximate.

Additional Information

Unexempt Taxes
$201
Lot Size
2,769,936
Lot Description
Agricultural, Hardwood Trees, Pond(s), Sloped, Few Trees
School District
Leonard Isd
Elementary School
Leonard
Middle School
Leonard
High School
Leonard
Proposed Use
Agricultural, Cattle, Grazing, Horses, Hunting, Livestock, Pasture, Ranch, Recreational
Possession
ClosePlus60To90Days, Negotiable

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Listing courtesy of Jimmy Wortham from Bois d'Arc Realty, LLC. Contact: 903-647-5955

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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