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    5262 Fm 896 Leonard, TX 75490

    For Sale
    $3,000,000

    Business - Leonard, TX

    Type:Business
    Lot size:
    31.27 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 5262 Fm 896

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    000000123605
    Parking features
    Driveway, Garage, Gated, Heated, Open, Oversized, Parking Lot, RV
    Lot size
    31.27 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Zoned (Heating)
    Cooling system
    Ceiling Fan(s), Electric, Zoned

    Building Details

    Year built
    2014
    Flooring type
    Concrete
    Building materials
    Aluminum Siding
    Roof type
    Metal
    Architectural style
    Other

    Compass RE Texas, LCC (214) 814-8100 [email protected]

    Listing agent Lynette Sandidge (469) 210-8288 License #0629647

    Listing date Aug 6, 2025

    MLS# 21024505 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

    Turnkey Event Venue on 32 Acres

    Located in Leonard, TX, Bethel Rock presents a 32-acre estate offering a commercial income opportunity as an event venue with a living space. The property features an enhanced steel front gate and a private drive leading through grounds with open meadows and mature trees. The residence includes three bedrooms and three and a half bathrooms. A Ring camera system provides surveillance. The modern reception hall features tinted glass garage doors. A custom wood deck and covered lounge offer outdoor entertaining space. Parking accommodates over 150 vehicles, and decomposed granite pathways lead to Oklahoma flagstone patios. Waterfront features enhance the hillside and lake vistas. Outdoor lighting creates an ambiance. A game room and cottage-office space are equipped with high-speed internet, dual Starlink systems, and Broadband 90. The property has dual outdoor bathrooms with heating and cooling and a large capacity septic system. A restored barn-design center has been renovated with heating and cooling and WiFi for remote access. The property is suited for use as an event venue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bethel Rock Wedding ... Wedding Venue

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.248288
    Latitude
    33.444253

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    FAQs

    What type of property is this?
    Wedding venue - Elegant event venue with living space on 32 acres.
    Where is this wedding venue located?
    The property is located at 5262 Fm 896 Leonard, TX.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Turnkey commercial income opportunity as a sophisticated event venue with reception hall.; - Expansive 32-acre estate with professionally maintained grounds, open meadows, and mature trees.; - Refined residence featuring three bedrooms and three and a half bathrooms.
    (469) 210-8288
    Request Owner's contact information
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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
    5262 Fm 896 Leonard, TX 75490
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