10 Acres in Leonard, TX – Great Opportunity for Land Buyers or Investors
Discover the potential of this 10-acre property located at 4058 FM 981 in Leonard, Texas. This acreage offers a great opportunity for buyers looking for land to build, invest, or develop in a growing area of North Texas.
The property includes an existing home that will convey with the sale of the land. However, the structure is in unknown condition and may not be safe to enter. Do not enter the home. Entry is at your own risk. The home is being sold as-is and is considered to have little to no value.
The land is currently heavily overgrown and will require clearing, but it offers a blank canvas for someone looking to create their own rural retreat, homestead, or future homesite.
Located along FM 981, the property provides convenient access while still offering the privacy and space that comes with country living.
Buyer to verify all information, utilities, and restrictions. Buyers should check with the County Appraisal District and local authorities to verify any building restrictions or requirements. Property sold as-is.
Under contract
Price cut: $20K (6/8)
$250,000
4058 Fm 981, Leonard, TX 75452
--beds
--baths
10.07Acres
Unimproved Land
Built in 1986
10.07 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Convenient access
- 122 days |
- 197 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Richard Aguirre 0702652 972-772-7000,
Keller Williams Rockwall 972-772-7000
Source: NTREIS,MLS#: 21195649
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 10.07 Acres
- Features: Acreage
Details
- Parcel number: 000000084443
- Zoning description: Agricultural
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: A1106 S M Smith
HOA
- Has HOA: No
Location
- Region: Leonard
Financial & listing details
- Tax assessed value: $336,120
- Annual tax amount: $5,093
- Date on market: 3/9/2026
- Cumulative days on market: 128 days
- Listing terms: Cash,Conventional,FHA
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,335/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Contingent | $250,000 |
Source: NTREIS #21195649 Report a problem | ||
| 6/8/2026 | Price change | $250,000-7.4% |
Source: NTREIS #21195649 Report a problem | ||
| 3/9/2026 | Listed for sale | $270,000 |
Source: NTREIS #21195649 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,093 +17.7% | $323,244 +20% |
| 2024 | $4,326 +4.4% | $269,370 +5.8% |
| 2023 | $4,144 | $254,500 +41.2% |
| 2022 | -- | $180,180 +45.2% |
| 2021 | -- | $124,050 +8.8% |
| 2020 | $1,789 +28.3% | $114,040 +35.6% |
| 2019 | $1,394 +2.5% | $84,120 +3.8% |
| 2018 | $1,360 | $81,010 +10.1% |
| 2017 | -- | $73,590 +27.8% |
| 2016 | -- | $57,560 +18.9% |
| 2015 | -- | $48,420 +4.4% |
| 2014 | -- | $46,360 -4.1% |
| 2012 | -- | $48,360 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | $46,800 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75452
Nearby schools
GreatSchools rating
- 7/10Leonard Elementary SchoolGrades: PK-3Distance: 3.8 mi
- 8/10Leonard Junior High SchoolGrades: 6-8Distance: 4 mi
- 6/10Leonard High SchoolGrades: 9-12Distance: 4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Fannin County
- Leonard
- 75452
- 4058 Fm 981




