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    Fenced Multi-Pasture Ranch with Pond Title is generated by Realmo AI

    County Road 5040, Leonard, TX 75452

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    Claim this Listing
    For Sale
    $1,600,000

    LAND - Leonard, TX

    Lot size:
    64.50 Acres
    Added:
    Sep 24, 2025
    Days on Market:
    253
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for County Road 5040

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded, Grassed, Cleared
    Standard status
    Active
    APN
    000000084369
    Lot size
    64.50 Acres

    Taxes and HOA fees

    Tax Description
    A1090 J W STOVALL, ACRES 20.
    Tax Annual Amount
    1254

    Utilities

    Sewer type
    Septic Tank

    Building Details

    Year built
    1950
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Mark Wakeland
    Mark Wakeland

    Listing agent Mark Wakeland License #0393661

    Listing office Wakeland Real Estate Aubrey, TX

    Listing date Sep 24, 2025

    MLS# 20897443 Listing URL

    Copyright © 2026 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.

    HighLights

    • 65+/- acre ag‑exempt ranch with full fencing and cross‑fencing into six pastures for cattle or horse grazing
    • Includes a large pond, greenbelt area, and fertile backland soils for strong grass growth
    • Multiple underground water lines, hydrants, and public water available to the ranch house with electricity connected
    • Improvements include a storage barn with electricity, horse/cattle turn‑out pens, and working pens with a loading chute
    • Existing ranch house sits on a hilltop with views; west and north ends mostly level and southeast portion gently sloped
    • Septic tank on‑site; electricity and public water available to the ranch and ranch house

    Overview

    Set on 65+ acres, this ag-exempt ranch is fully fenced and cross-fenced into six pastures for efficient cattle or horse grazing. The property features fertile backland soils for strong grass growth, a large pond, a greenbelt area, and gently rolling terrain with mostly level west and north ends and a gentle slope toward the southeast. An existing ranch house sits on a hilltop, offering views of the surrounding land.

    The ranch is accessed from the dead end of a quiet county road for privacy, with electricity and public water available to the ranch, including to the ranch house. Multiple underground lines and hydrants provide additional water locations for livestock. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens with a loading chute.

    This property is well-suited for buyers looking to expand a working livestock operation or maintain a private equestrian or weekend retreat. With utilities already available and water systems in place across the pastures, it offers a practical foundation for continued grazing, as well as a desirable setting to build or adapt to your longer-term country plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.2985708
    Latitude
    33.3670712

    FAQs

    What type of property is this?
    Ranch - Ag-exempt ranch with six fenced pastures, pond, and available utilities for efficient livestock operations and private country living.
    Where is this ranch located?
    The property is located at County Road 5040 Leonard, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 65+/- acre ag‑exempt ranch with full fencing and cross‑fencing into six pastures for cattle or horse grazing; Includes a large pond, greenbelt area, and fertile backland soils for strong grass growth; Multiple underground water lines, hydrants, and public water available to the ranch house with electricity connected
    More about this property
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