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.
| Listing Id: | 21423033 |
|---|---|
| List Price: | $1,155,000 |
| Property Type: | Land |
| Property Sub Type: | Improved Land |
| Status: | Active |
| Unexempt Taxes: | $201 |
| Lot Size Square Feet: | 2,769,936.8400 |
| Lot Size Acres: | 63.589 |
| Waterfront?: | No |
| City: | Leonard |
| County Or Parish: | Collin |
| Subdivision Name: | Na |
| Postal Code: | 75452 |
| Acres Bottom Land: | 14.00 |
| Acres Cultivated: | 55.00 |
| AG Exemption?: | Yes |
| Association Type: | None |
| Basement Yn: | No |
| Crops: | Bluestem, Common Bermuda |
| Current Use: | Crops |
| Development Status: | Unzoned |
| Directions: | From HWY 78, south on FM 981 approximately 3.2 miles, property is on the west side of FM 981. |
| Easements: | Utilities |
| Elementary School: | Leonard |
| Elementary School Name: | Leonard |
| Exterior Features: | Stable/Barn |
| Fencing: | Barbed Wire |
| Frontage Feet: | 632 |
| Heating: | None |
| High School Name: | Leonard |
| Horse Amenities: | Barn(s), Hay Barn, Holding Pens, Round Pens, Other |
| Intermediate School Name: | Leonard |
| Junior High School Name: | Leonard |
| Lake Pump Yn: | No |
| Listing Terms: | 1031 Exchange, Cash, Conventional |
| Lot Features: | Acreage, Agricultural, Few Trees, Oak, Sloped, Tank/ Pond |
| Lot Size: | 50 to =< 100 Acres |
| Lot Size Area: | 63.5890 |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Number Of Barns: | 5 |
| Number Of Lakes: | 0 |
| Number Of Tanks And Ponds: | 3 |
| Number Of Wells: | 0 |
| Possession: | 60-90 Days, Negotiable |
| Possible Use: | Agricultural, Cattle, Equine, Grazing, Horses, Hunting/Fishing, Livestock, Pasture, Ranch, Recreational |
| Restrictions: | Deed |
| Road Assessment?: | No |
| Road Frontage Type: | FM Road |
| Road Surface Type: | Asphalt |
| School District: | Leonard ISD |
| Soil Type: | Black |
| Special Taxing Entities: | 0 |
| Surface Rights: | All |
| Utilities: | Co-op Electric, Co-op Water, Individual Water Meter |
| Vegetation: | Cleared, Crop(s), Grassed, Partially Wooded |
| Will Subdivide: | Yes |
| Zoning Description: | None |
Listing Courtesy of: Bois d'Arc Realty, LLC
Listing Agent: Jimmy Wortham
903-647-5955
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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
