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$1,600,000
213 Days On Site

0000 County Road 5040
Leonard, TX 75452

For Sale|Ranch|Active
0
Beds
0
Total Baths
1950
Built
Subdivision:
T H Stovall A1089
County:
Fannin

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 972-469-0332
Is this the listing for you? We can help make it yours.
972-469-0332
0000 County Road 50400000 County Road 50400000 County Road 50400000 County Road 5040
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Discover the perfect blend of peace, productivity, and convenience on this exceptional 65± acre ag exempt ranch just 5 minutes from Leonard, less than 10 minutes to SH 121, and only 30 minutes from McKinney. Tucked away at the dead end of a quiet county road, this ranch offers privacy and breathtaking views, making it ideal for both working livestock operations and peaceful country living. Fully fenced and cross-fenced into six pastures, the land is designed for efficient cattle or horse grazing. Electricity and Public water available to the ranch including to the ranch house, and multiple underground lines and hydrants provide ample water locations for livestock. Fertile backland soils support strong grass growth, and the property includes a large pond, greenbelt area, and gently rolling terrain that enhances both beauty and function. The west and north ends are mostly level, while the southeast portion slopes gently, offering stunning views from the existing ranch house perched on a hilltop. Improvements include a well-maintained storage barn with electricity, horse or cattle turn-out pens, and sturdy working pens complete with a loading chute. Whether you're expanding a livestock operation, looking for a private weekend getaway, or ready to build your dream home, this property delivers. Don't miss this rare opportunity to own a scenic, well-equipped ranch in a prime location.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
213 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
64.498 Acres
Year Built 
1950
MLS® Number 
20897443
Status 
Active
Property Tax 
$1,254
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
a month agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Acres 
64.498
Additional Property Use 
AgriculturalCattleGrazingLivestockRanchRecreational
Property Sub Type 
Ranch
Sewer 
Septic Tank
Special Circumstances 
Standard
Utilities 
Electricity AvailableElectricity Connected
Zoning 
Property outside city limits
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Exterior Features
Fencing 
Barbed WirePipe
Lot Features 
ClearedWoodedAgriculturalFew TreesLevelPastureSloped
Other Structures 
Barn(s)
Road Frontage 
County Road
Community Features
Financing Terms Available 
CashConventionalVA Loan
Horse Allowed 
Yes
Horse Property 
Barn
Roads 
Gravel
School District 
Leonard ISD
Schools
School District
Leonard ISD
Elementary School
Leonard
Middle School
Leonard
High School
Leonard
Listing courtesy of Mark Wakeland of Wakeland Real Estate markw@wakelandproperties.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-11-08 02:51 AM CST

Neighborhood & Commute
Source: Walkscore
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