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    3 Fm 981, Unit TBD Leonard, TX 75452

    For Sale
    $125,000

    Unimproved Land - Leonard, TX

    Type:Unimproved Land
    Lot size:
    1.85 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 3 Fm 981

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    0000000
    Lot size
    1.85 Acres

    Building Details

    Architectural style
    Other

    Guildford LTD dba Keller Williams Realty (972) 732-6000 [email protected]

    Listing agent Alicia Purser (972) 732-6000 License #0723081

    Listing date Sep 4, 2025

    MLS# 21044328 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

    Leonard, TX Unimproved Land

    This 1.85 acre corner lot offers a natural build site with a tree line for privacy. A culvert and shared driveway are already in place. Located within the Leonard Independent School District, the property is near SH 121 and Hwy 69, approximately one hour north of Dallas and DFW Airport. Shopping and restaurants are nearby, and Melissa, the future home of a new HEB, is approximately 25 minutes away. Situated in Fannin County, the land is close to the newly opened Bois D'arc Lake. The historic downtown square hosts festivals, including the Leonard Picnic Event. This lot is one of three currently offered.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.29736781
    Latitude
    33.37465792

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    FAQs

    What type of property is this?
    Land - 1.85 acre corner lot ready for your dream home.
    Where is this land located?
    The property is located at 3 Fm 981, Unit TBD Leonard, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Large 1.85 acre corner lot ideal for building a custom home.; - Located in high-performing Leonard ISD.; - Convenient location near SH 121 and Hwy 69, approximately 1 hour north of Dallas & DFW Airport.
    (972) 732-6000
    Request Owner's contact information
    3 Fm 981, Unit TBD 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
    3 Fm 981, Unit TBD Leonard, TX 75452
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