# TBD Fm 981, Leonard, TX

> This Land listing has 63.589 Acres. Schedule a showing for TBD Fm 981 in Leonard, TX.

- Price: $1,155,000
- Status: Active
- Property Type: Land
- MLS ID: 21423033
- Features: 63.589 Acres
- Photo: https://prd-pbgo-mls-photos.s3.amazonaws.com/ntreis/properties/photos/580316228_0373636d75b5ff04ab9de5dd33c4de0a.jpg

## Description

This property is located in Northeast Collin County with approximately 635 feet of frontage on FM 981 and includes a water meter, incredible views, and frontage on Bear Creek. Its location and shape make it an excellent investment opportunity for a buy-and-hold strategy, a 1031 exchange, or the perfect acreage for your own working ranch. There are plans underway to widen FM 981, which is scheduled to intersect with the proposed Collin County Outer Loop. The land is currently under agricultural use (hay) and features three ponds, four barns, and an excellent building site on a hill that overlooks Bear Creek and a beautiful horizon in the distance. There are deed restrictions attached to the property but currently no zoning associated with the property.

## Attribution

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North Texas Real Estate Information Systems, Inc. data last updated on October 29, 2026 02:54 AM - CT

Property last updated: October 29, 2026 02:54 AM - CT.