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Fenced Ranch with Livestock Improvements
For Sale
$1,600,000

County Road 5040, Leonard, TX 75452

Land, Leonard, TX

Property SizeContact for details
Lot Size64.50 Acres
Days on Market83

Property Features for County Road 5040

General Information

Property type Land
Property subtype Other
Zoning description Property outside city limits
Vegetation Cleared, Wooded, Grassed
Subdivision T H Stovall A1089
Lot features Acreage, Agricultural, Back Yard, Cleared, Hardwood Trees, Lawn, Level, Pasture, Pond On Lot, Sloped, Few Trees, Wooded
Elementary school Leonard
Middle school Leonard
High school Leonard
Elementary school district Leonard ISD
Middle school district Leonard ISD
High school district Leonard ISD
Directions Use GPS maps to County Road 5040, Leonard, Texas. Go east on CR 5040 to dead end of road. Property and entrance gate on the left (north side of road). Look for realtor sign on entrance gate.
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
Legal Description A1090 J W STOVALL, ACRES 20.

Utilities

Sewer type Septic Tank

Building Details

Year built 1950
Architectural style Other
Additional Structures Barn(s)
Listing Agency: Wakeland Real Estate
Listed By: Mark Wakeland · License #0393661
Added: Jun 11 Changed: Aug 22 Last Checked: Sep 1 at 12:06PM
MLS# 20897443

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.

Investment Insights

Based on property information with market context.

This ranch property combines usable grazing land with established livestock improvements. The acreage is fully fenced and divided into six pastures for cattle or horse operations, with underground water lines and hydrants serving multiple livestock locations. A pond, greenbelt, and gently rolling terrain add varied landscape features, while the ranch house occupies a hilltop position. The property also includes an electrically serviced storage barn, turn-out pens, and working pens equipped with a loading chute.

Electricity and public water are available to the ranch and ranch house, with septic service in place. The property is situated on County Road 5040 at the end of a county road, approximately 5 minutes from Leonard, less than 10 minutes from SH 121, and about 30 minutes from McKinney. A greenbelt and sloping southeast section complement the more level west and north portions.

Key Highlights

  • Fully fenced and cross‑fenced into six pastures
  • Underground water lines and hydrants provide multiple livestock watering locations
  • Storage barn with electricity, turn‑out pens, and working pens with loading chute

Property Analytics

Current Use

Ranches

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 75452, TX

4,802
Population
1,747
Households
2.7
Avg Household Size
39
Median Age
19%
College-Educated
84%
High-School Grad
76.9 sq mi
ZIP Area
62
Density / Sq Mi
$71,117
Median Household Income
$42,375
Median Earnings
$1,067
Median Rent
$242,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Ranch - Rolling agricultural acreage includes pasture infrastructure, water access, and a pond near Leonard.
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: Fully fenced and cross‑fenced into six pastures; Underground water lines and hydrants provide multiple livestock watering locations; Storage barn with electricity, turn‑out pens, and working pens with loading chute
More about this property
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