0000 County Road 5040 Leonard, TX 75452

Building Details

Year Built

1950

Listing Agency Wakeland Real Estate m***@wakelandproperties.com Show Phone

Listed by Mark Wakeland · License #0393661 Show Phone

Source Exitrealty

Added: Apr 9, 2025 Checked: May 28 at 11:58 am

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Investment Insights

Based on property information with market context.

This 65-acre ranch, located just 5 minutes from Leonard, less than 10 minutes from SH 121, and 30 minutes from McKinney, offers a blend of tranquility and utility. Situated at the end of a quiet county road, the property provides privacy and views suitable for both livestock operations and rural living. The ranch is fully fenced and cross-fenced into six pastures, designed for cattle or horse grazing. Electricity and public water are available, including to the ranch house, with multiple underground lines and hydrants providing water access for livestock. The land features fertile backland soils that support grass growth, a large pond, a greenbelt area, and gently rolling terrain. The west and north ends of the property are mostly level, while the southeast portion slopes gently, offering views from the existing ranch house on a hilltop. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and working pens equipped with a loading chute. This property is suitable for expanding a livestock operation, a private weekend retreat, or building a dream home.

Key Highlights

• Ag‑exempt 65± acre ranch offering significant tax benefits
• Prime location: less than 10 minutes to SH 121, and 30 minutes from McKinney
• Fully fenced and cross‑fenced into six pastures, ideal for cattle or horse grazing

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FAQs

What type of property is this?

Ranch - 65-acre ag exempt ranch near Leonard, Texas.

Where is this ranch located?

The property is located at 0000 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: Ag‑exempt 65± acre ranch offering significant tax benefits; Prime location: less than 10 minutes to SH 121, and 30 minutes from McKinney; Fully fenced and cross‑fenced into six pastures, ideal for cattle or horse grazing