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.
Lot/land
$1,600,000
0 County Road 5040, Leonard, TX 75452
--beds
--baths
64.5Acres
Unimproved Land
Built in 1950
64.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Greenbelt areaAg exempt ranchLarge pondStunning viewsQuiet county roadGently rolling terrain
- 552 days
- 54
- 2
Zillow last checked:
Listing updated:
Listed by:
Mark Wakeland 0393661 972-740-9472,
Wakeland Real Estate 972-740-9472,
Lynne Wakeland 0667530 214-906-9103,
Wakeland Real Estate
Source: NTREIS,MLS#: 20897443
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Barbed Wire,Pipe
Lot
- Size: 64.5 Acres
- Features: Acreage, Agricultural, Back Yard, Cleared, Hardwood Trees, Lawn, Level, Pasture, Pond on Lot, Sloped, Few Trees, Wooded
- Residential vegetation: Cleared, Grassed, Partially Wooded
Details
- Additional structures: Barn(s)
- Parcel number: 000000084369
- Zoning description: Property outside city limits
- Horse amenities: Barn, Stock Pen(s)
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Available, Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: T H Stovall A1089
HOA
- Has HOA: No
Location
- Region: Leonard
Financial & listing details
- Annual tax amount: $1,254
- Date on market: 4/8/2025
- Cumulative days on market: 553 days
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2025 | Listed for sale | $1,600,000 |
Source: NTREIS #20897443 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 75452
Nearby schools
Schools provided by the listing agent
- Elementary: Leonard
- Middle: Leonard
- High: Leonard
- District: Leonard ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




