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    404 E Grayson St Leonard, TX 75452

    For Sale
    $42,500

    Unimproved Land - Leonard, TX

    Type:Unimproved Land
    Lot size:
    0.16 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 404 E Grayson St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000137953
    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# 21115217 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

    Cleared Corner Lot in Leonard

    This 0.156-acre corner lot is located in Leonard, Texas. The property has been cleared and benched, offering a head start for construction. Water and sewer taps are already on-site, which may reduce development costs and timelines. The corner location provides layout flexibility and visibility. The lot may be purchased together with the adjoining property at 400 E Grayson St to create a larger combined parcel or to build a second house. This property is located in a growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -96.243284
    Latitude
    33.378998

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    FAQs

    What type of property is this?
    Land - Cleared corner lot with utilities ready for development in Leonard.
    Where is this land located?
    The property is located at 404 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: - Cleared and benched corner lot ready for building.; - Water and sewer tap on-site, reducing development costs.; - Prime corner location offering layout flexibility and visibility.
    (817) 806-4100
    Request Owner's contact information
    404 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
    404 E Grayson St Leonard, TX 75452
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