0000 COUNTY ROAD 5040, LEONARD, TX 75452
Homes for sale in Leonard.
Homes for sale in 75452.
List Price$1,600,000
0000 County Road 5040
Leonard, TX 75452
Listing #20897443
About This Property
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.
Property Features
Location Information
County
Fannin
Subdivision
T H Stovall A1089
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Electricity Connected, Septic Available, Water Available
Current Use
Agricultural, Cattle, Grazing, Livestock, Ranch, Recrea
Fencing
Barbed Wire, Pipe
Possible Best Use
Agricultural, Cattle, Dairy
Other Structures
Barn(s)
Zoning
Property outside city limits
Horse Amenities
Barn, Stock Pen(s)
Road Description
County Road, Gravel
Lot Description
Acreage, Agricultural, Back Yard, Cleared, Hardwood Trees, Lawn, Level, Pasture, Pond on Lot, Sloped, Few Trees, Wooded
Is One Story
No
Lot Size in Acres
64.498
Lot Description
Acreage, Agricultural, Back Yard, Cleared, Hardwood Trees, Lawn, Level, Pasture, Pond on Lot, Sloped, Few Trees, Wooded
Lot Size in Sq. Ft.
2,809,532
School
Elementary School District
Leonard ISD
High School
Leonard
Elementary School
Leonard
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Ranch
Tax Annual Amount
1254.0
Year Built
1950
Documents Available
Aerial
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$7,471
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,765
Monthly Tax
$1,333
Monthly Insurance
$373
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Mark Wakeland, Wakeland Real Estate
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NTREIS - North Texas data last updated at May 17, 2026, 3:26 AM CT
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