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    Property profile & analytics

    19611 Fm 981 Leonard, TX 75452-4957

    • Commercial real estate
    • 6,946 SF
    • 16.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 04, 2020
    Location Intelligence
    Property ID
    US83-0202673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Grand Ivory / Wedding Venue

    Property Details for 19611 Fm 981

    Year built
    2016
    Lot size
    16.04 lot acres
    Property size
    6,946 SF
    Property type
    Commercial real estate
    APN
    R-7095-000-0120-1
    APU
    R709500001201

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Collin
    State
    Texas
    Longitude
    -96.3003
    Latitude
    33.3487
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,773
    $401,045
    $1,100,000
    $1,501,045
    -
    $401,045
    $1,100,000
    $1,501,045

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      908 Us Hwy 69

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    • Value Estimation by Request
      2,250 SF

      106 Collin St

      COMMERCIAL (GENERAL) • 2,250 SF
      106 Collin St, Leonard, TX 75452
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      1,410 SF

      117 Fannin St

      COMMERCIAL (GENERAL) • 1,410 SF
      117 Fannin St, Leonard, TX 75452-2805
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    • Value Estimation by Request
      5,204 SF

      116 Main St

      COMMERCIAL (GENERAL) • 5,204 SF
      116 Main St, Leonard, TX 75452
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    • Value Estimation by Request
      5,798 SF

      200 Collin St

      COMMERCIAL (GENERAL) • 5,798 SF
      200 Collin St, Leonard, TX 75452-2604
      View Details
    • Value Estimation
      $450,000
      4,320 SF

      705 Xrds Xrds, Unit 715

      COMMERCIAL (GENERAL) • 4,320 SF
      705 Xrds Xrds, Leonard, TX 75452-2358
      View Details

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    19611 Fm 981
    Leonard, TX 75452-4957
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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
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