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    4841 Tract 1 Leonard, TX 75452

    For Sale
    $369,000

    Unimproved Land - Leonard, TX

    Type:Unimproved Land
    Lot size:
    21.40 Acres
    Days on Market:
    148
    Last Refresh:
    Dec 11 at 12:06 am

    Property Features for 4841 Tract 1

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    76901
    Lot size
    21.40 Acres

    Building Details

    Architectural style
    Other

    CMT Realty (817) 228-0543

    Listing agent Glen Killian (972) 333-6178 License #0672478

    Listing date Jul 17, 2025

    MLS# 20992746 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

    21.4 Acres of AG Exempt Land

    This 21.4-acre AG exempt property is located just outside of Leonard, Texas. The rolling pasture land features a seasonal creek towards the back and an approximately half-acre stock tank, making it suitable for cattle or homesteading. The property offers a quiet and secluded environment with convenient access to Highway 78 and is minutes from downtown Leonard. Potential uses include investment, development, running cattle, recreational getaway, or country living. There is some floodplain towards the rear of the property. The tract is surveyed out of a larger 42.8-acre tract which is also available for sale.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.18606463
    Latitude
    33.40209092

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    FAQs

    What type of property is this?
    Agricultural property - Beautiful AG exempt acreage near Leonard, TX, ideal for ranching.
    Where is this agricultural property located?
    The property is located at 4841 Tract 1 Leonard, TX.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: - 21.4 AG exempt acres ideal for ranching or homesteading.; - Rolling pasture land with seasonal creek and stock tank.; - Quiet and secluded location.
    (972) 333-6178
    Request Owner's contact information
    4841 Tract 1 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
    4841 Tract 1 Leonard, TX 75452
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