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    400 E Grayson St Leonard, TX 75452

    Picture of Land at E Grayson St 400, Leonard, TX
    For Sale
    $42,500

    Unimproved Land - Leonard, TX

    Type:Unimproved Land
    Lot size:
    0.16 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 400 E Grayson St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000090311
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    Alexander Chandler Realty, LLC (817) 806-4100 [email protected]

    Listing agent Wade Stephens (817) 806-4100 License #0601966

    Listing date Nov 24, 2025

    MLS# 21115220 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

    Residential Lot in Leonard, TX

    This 0.156-acre residential lot is located in Leonard, Texas. The cleared and benched lot is build-ready, offering a level foundation suitable for new construction. Utilities are available in the area. The property provides convenient access to local amenities and schools. The flexible layout is suitable for a variety of plans. The adjoining corner lot at 404 E Grayson St may be purchased together with this property to increase overall lot size and development potential. It is located in Fannin County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.243448
    Latitude
    33.379001

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    FAQs

    What type of property is this?
    Land - Cleared, build-ready lot with utilities available in Leonard, Texas.
    Where is this land located?
    The property is located at 400 E Grayson St Leonard, TX.
    What is the asking price?
    The asking price for this property is $42,500.
    What are key features of this property?
    This property features: - Build-ready: Cleared and benched lot provides a level foundation for immediate construction.; - Utilities Available: Essential utilities are readily accessible in the area.; - Convenient Location: Provides easy access to local amenities and schools.
    (817) 806-4100
    Request Owner's contact information
    400 E Grayson St 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
    400 E Grayson St Leonard, TX 75452
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