Paragon Realtors Real Estate

Tbd W Fannin StreetLeonard, TX 75452Price: $2,550,000

  • Price: $2,550,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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$
%
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,550,000List Price
  • 51.82Acreage

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Listed by Haden Stinson of BLVD Real Estate (903-285-1695)
Exceptional opportunity to acquire slightly over 51 acres across two parcels in the fast-growing community of Leonard, TX. The property is currently AG exempt with cattle grazing while offering outstanding development potential. The seller has secured a development agreement with the city allowing for a residential subdivision featuring 40' and 50' homesites. The property is available for purchase as raw land, fully entitled (paper) lots with 40' and 50' homesites, a 1-acre estate lot development, or finished lots ready for a home builder, providing flexibility for builders, developers, and investors. Ideally suited for either a high-density residential community or a larger estate-style neighborhood, this property is located in a rapidly growing area with excellent schools, including a brand-new elementary school, making it well positioned to meet strong housing demand. Additional adjoining acreage may also be available for purchase, creating the opportunity for an even larger development. Bring all offers.

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Based on information submitted to North Texas Real Estate Information Services as of August 1, 2026 12:46 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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