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    1101 S State Highway 78 Leonard, TX 75452

    New
    Picture of Horse & equestrian properties at S State Highway 78 1101, Leonard, TX
    For Sale
    $855,500

    Unimproved Land - Leonard, TX

    Type:Unimproved Land
    Lot size:
    15.93 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for 1101 S State Highway 78

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000060054
    Lot size
    15.93 Acres

    Building Details

    Year built
    1960
    Architectural style
    Other

    Southwest USA Realty (972) 529-7085

    Listing agent Rickie McCord (972) 529-7085 License #0507596

    Listing date Dec 9, 2025

    MLS# 20621608 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Home and Barns

    This property features 15.93 acres of land, including a 3504 square foot home, stalls, and barns. It is currently leased on a month-to-month basis. The property is located next to the property at 1103 S Highway 78, which also includes a home and buildings. Both properties, located at 1101 and 1103 S Highway 78, are being sold together, totaling 29.93 acres with buildings and two homes. The properties are currently leased month to month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.2337585
    Latitude
    33.38607978

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    FAQs

    What type of property is this?
    Horse & equestrian property - 15.93 acres with home, stalls, and barns in Leonard.
    Where is this horse & equestrian property located?
    The property is located at 1101 S State Highway 78 Leonard, TX.
    What is the asking price?
    The asking price for this property is $855,500.
    What are key features of this property?
    This property features: - 15.93 acres for this specific property; - 29.93 total acres (combining both properties); - Two homes included (addresses 1101 and 1103)
    (972) 529-7085
    Request Owner's contact information
    1101 S State Highway 78 Leonard, TX 75452
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    Leonard, TX 75452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 S State Highway 78 Leonard, TX 75452
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